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BCI Minerals
BCI Minerals (BCI) investor relations material
BCI Minerals H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary18 Aug, 2026
Executive summary
Achieved a major milestone with the first crystallised salt produced at the Mardie operation, marking transition to operational status.
Construction progress reached 85% by year-end, with significant advances in marine and processing infrastructure.
Managed concurrent construction and early operations safely, with no major incidents during cyclone events.
Financial highlights
Cumulative Mardie expenditure rose to $1,479M, with construction costs to date at $1,185M.
Estimated cost to complete construction reduced to $258M, down from $508M the previous year.
Available funds at year-end stood at $423M.
Total debt drawn reached $587M as of 30 June 2026.
Outlook and guidance
FY27 focus is on ramping up to steady-state operations, completing the dredging program, and commissioning the salt wash plant.
First salt harvest and initial shipments expected, with the Osprey vessel supporting logistics.
Continued advancement of the SOP pilot plant, with FID planned for August 2026.
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Latest events from BCI Minerals
- Salt project nears completion, targeting 2027 harvest with strong demand and robust financials.BCI
Noosa Mining Conference 2026 - 85% construction complete, 49kt salt crystallised, and first shipment targeted for Q1 2027.BCIQ4 2026
- Salt ramp-up and construction 81% complete; operations resumed and funding secured.BCIQ3 2026
- Achieved full-scale operations at Mardie, strong construction progress, and enhanced liquidity.BCIH2 2025
- Mardie Project advances with robust funding, asset sales, and growing Asian market demand.BCIH2 2024
- Salt project nears completion with secured sales, sustainable operations, and strong financials.BCIInvestor presentation
- Project 77% complete, fully funded, net loss widens, Iron Valley sale and note conversion boost liquidity.BCIH1 2026
- Project is 74% complete, fully funded, operations underway, and first dividends targeted for 2029.BCIAGM 2025
- 56% construction progress, $981M debt secured, Iron Valley divested for up to $72.6M.BCIH1 2025
Next BCI Minerals earnings date
Q1 2027 TU19 Oct, 2026
BCI Minerals
Next BCI Minerals earnings date
Q1 2027 TU19 Oct, 2026
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