BCI bci minerals limited

APPROVAL TO COMMENCE OPERATIONS AT THE MARDIE PROJECTBCI...

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    APPROVAL TO COMMENCE OPERATIONS
    AT THE MARDIE PROJECT
    BCI Minerals Limited (ASX: BCI) is pleased to announce that the Commonwealth Government has
    granted environmental approval for the Optimised Mardie Project (OMP). This significant
    milestone allows operations to commence and enables further construction in the northern area
    of the project footprint, positioning BCI Minerals to become Australia’s newest producer of highquality industrial salt.
    Today, the Commonwealth Minister for Environment and Water, the Hon. Tanya Plibersek MP, officially
    provided ministerial approval for the OMP under the Environment Protection and Biodiversity
    Conservation Act 1999 (EPBC Act). With this approval secured, BCI Minerals will commence operations
    by filling evaporation ponds 1, 2, and 3 with seawater from 10 September.
    Once the initial three ponds are filled, BCI Minerals will update its Groundwater Monitoring and
    Management Plan (GMMP) using real-time data from the Company’s extensive network of monitoring
    bores and additional studies and resubmit the GMMP to the WA and Federal environmental regulators
    for approval prior to filling evaporation ponds 4 through 9.
    Construction of the salt-first component of the Mardie Project is progressing steadily, with 48 per cent
    already completed, and over $700M of BCI Minerals shareholders’ funds invested to date. Construction
    in the section of the OMP footprint not included in the original Definitive Feasibility Study (DFS) footprint
    is set to commence on 10 September (refer to Figure 1).
    The Company remains on track to achieve first salt on ship in Q2 FY27, positioning BCI Minerals to
    become a significant supplier of high-quality industrial salt to global markets.
 
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