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BCI says project debt 'secured' for big salt-SOP project

BCI Minerals has conditionally got the A$740 million debt component for the $1.2 billion Mardie salt and potash development in Western Australia.

Michael Quinn
Iron Ridge will help BC Iron build Mardie

Iron Ridge will help BC Iron build Mardie

The $460 million in equity balance will potentially come from sources such as cash/earnings, corporate debt and new equity, BCI said. The debt package is highlighted by a $490 million, 15-year loan...

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