BCI Minerals reported a 20% increase in statutory revenue to $47.1 million for the first half of FY24, making progress on its $1.3 billion Mardie Salt Project, now nearly 31% completed with no contingency used.

The company secured project funding with a $315 million equity raise, ensuring completion.

The company's underlying EBITDA increased 103% to $500,000.

Total Mardie Project expenditure reached $511.9 million. Delivery of the first salt is anticipated in the second half of 2026.