BCI Minerals Reaches 81% Construction Completion for Western Australia Project
BCI Minerals (ASX:BCI) completed 81% of the overall construction at its Mardie salt operation and potash project in Western Australia as of the end of March, advancing from 77% completion at the close of 2025, according to a Tuesday filing with the Australian bourse.The company's latest estimated construction cost to full completion is AU$333 million, down from AU$400 million at the end of 2025, per the filing.Tropical cyclones Mitchell and Narelle passed through Mardie during the March quarter but with no material impact to personnel or infrastructure, the company said.The cyclones brought higher-than-expected rainwater into the circuit, which delayed the crystallizer lining program and reduced pond density levels, but salt operations resumed after the end of the quarter as pond density increased and salt started reforming in the crystallizer, BCI Minerals said.The company's shares gained more than 1% in recent Tuesday trade.