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BCI optimistic on Mardie's salt and SOP potential

BCI Minerals will undertake a full scale feasibility study into developing its Mardie salt and potash project on the Pilbara coast of Western Australia after being encouraged by a prefeasibility assessment that showed a 30-year development costing A$335 million could generate annual earnings of $102 million.

Michael Quinn
A salt and SOP development at Mardie could become a reality next decade.

A salt and SOP development at Mardie could become a reality next decade.

Other financial metrics calculated from the PFS included a pre-tax net present value of $335 million and an internal rate of return of 20%, with payback occurring five years into the project's life. ...

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