BCI Minerals (ASX:BCI) environmental approval announcement

BCI Minerals Limited (ASX:BCI) has received environmental approval from the Commonwealth Government for the Optimised Mardie Project (OMP). The approval allows the company to commence operations and further construction in the northern area of the project footprint, positioning BCI Minerals to become Australia's newest producer of high-quality industrial salt.

Executive Commentary on Mardie Project Approval

This is an important and pivotal moment for BCI Minerals as we move into the next phase of becoming Australia's newest, high-quality industrial salt producer. Australia hasn't developed a salt project of this significance in 25 years, and the Mardie Project will be Australia's largest solar salt project and the third largest globally. With the projected growth in demand for high grade industrial salt in our target Asian markets, BCI Minerals is strongly positioned to supply global markets with Mardie salt for generations. BCI Minerals has diligently worked through all State and Federal approval processes over many years with the Western Australian and Commonwealth Governments.

Summary of BCI Minerals' Mardie Project Approval

BCI Minerals Limited (ASX:BCI) has secured environmental approval for the Optimised Mardie Project (OMP) from the Commonwealth Government, marking a significant milestone for the company. The approval allows BCI Minerals to commence operations and further construction, positioning the company to become Australia's newest producer of high-quality industrial salt. The Mardie Project is expected to be the largest solar salt project in Australia and the third largest globally, with an operating life exceeding 60 years. BCI Minerals remains on track to achieve first salt on ship in Q2 FY27, positioning the company to become a significant supplier of high-quality industrial salt to global markets. The project is also expected to contribute approximately $4.8B to GDP over the next 60 years and create numerous job opportunities during both the construction and operational phases. With funding in place and offtake agreements secured, BCI Minerals is well-positioned to capitalize on the growing demand for high-grade industrial salt in global markets.