Bci Minerals Ltd · ASX:BCI
Bci Minerals — Q3 2025 Earnings Presentation
15 slides from Bci Minerals's earnings presentation, Apr 29, 2025
Slide 1: March 2025 Quarterly Update
29 April 2025 March 2025 Quarterly Update rsonal use only ASX Code: BCI This presentation should be reviewed alongside the Photo of BCI's Cape Preston West Port March 2025 Quarterly Report, available on our website by Timescape and MCD
Slide 2: Acknowledgement of Traditional Custodians
BCI Minerals acknowledges the Traditional Custodians of the country throughout Australia and their connections to land, sea, and community. rsonal use only We respect the Yaburara, Mardudhunera and Robe River Kuruma People as the Mardie Traditional Owners, and the Whadjuk People of the Noongar Natio
Slide 3: BCI Minerals
BCI Minerals Our vision is to create long-term rsonal use only sustainable opportunities and value for our team, communities, and shareholders. Our purpose is to develop and operate Salt construction and working capital fully funded the Mardie Project to consistently deliver low-cost, world-class, s
Slide 4: Australia's largest solar salt project and third largest globally
Australia’s largest solar salt project and third largest globally Broome rsonal use only Largest existing solar salt operations globally1 Mardie Salt and Potash Project is Karratha Guerroro Negro [Mexico] 38km long, ~115 km2 footprint Hajipir [India] Exmouth Newman Mardie Salt/SOP project [WA] 5.35M
Slide 5: How we operate
How we operate Cape Preston West Port pumps port Our minerals and infrastructure allow our customers to produce SS products that we rely on and consume everyday. We combine x [ekisol eons ces oes eating patties westoninane operations. Designed to move bulk commodities. the high-quality, minerals for
Slide 6: March 2025 Quarter Highlights
March 2025 Quarter Highlights Mardie Salt and Potash Project ✓ Strong safety performance in March Quarter – 204 CCVs1 and 1.8 TRIFR2. rsonal use only ✓ Updated GMMP3 approved by Western Australian and Commonwealth Governments (post quarter end). ✓ Full-scale operations commenced on 15 April 2025. ✓
Slide 7: Operations
Operations On track to deliver revenue in quarter ending 31 December 2026. Completed rsonal use only ✓ State and Commonwealth Governments approved updated GMMP1. ✓ Transitioned to full-scale operations on 15 April 2025. ✓ Offtake agreements in place. ✓ Transhipment agreement executed. Performance
Slide 8: Construction
Construction Progressing on schedule and on budget Project budget (AUDM) 1,443 1 rsonal use only Upcoming expenditure: Jetty Head End, Dredging; Crystallisers; Salt Wash Plant 467 976 152 824 5 56% complete 6 Spent Committed Uncommitted Budget 68% of project expenditure locked in, significantly deri
Slide 9: Positive salt market outlook
Forecast forecast supply shortfall is expected to Asia Demand vs Supply1 positively affect salt prices Positive salt market 240 230 Mardie first outlook 220 salt on ship Forecast Supply shortfall +16% rsonal use only 210 Mt Three Binding Offtake Agreements with tier 1 200 Key offtake agreements cust
Slide 10: Sulphate of Potash (SOP)
Sulphate of Potash (SOP) Bringing to market valuable salt by-products rsonal use only Harvesting Industrial grade Salt presents opportunities for valuable by-products Produced downstream from Salt brine, Mardie’s SOP will be a nutrient rich source of potassium, essential for crops to grow BCI has co
Slide 11: Cape Preston West Port
Cape Preston West Port Owned and operated by BCI Minerals, the Port increases export capacity in the Pilbara The multi-user port will provide valuable access for the rsonal use only region to global markets Construction is over 79 per cent complete Mardie Salt and Potash Project 2.4km Jetty with tra
Slide 12: Steady Future Cashflow
Steady Future Cashflow1 Salt and SOP forecast to deliver strong operating cashflow to underpin sustainable returns for shareholders Potential upside 800 Potential for first from Port Asset dividend2 rsonal use only ~$255 million pa. average 600 cashflow available to equity holders excludes 400 unrea
Slide 13: Highlights
Highlights rsonal use only Premium product, Favourable market Sales agreements in Strong forecast Short runway to large scale outlook place returns profitability ✓ Largest salt project in ✓ Forecast supply ✓ Secured 62% offtake ✓ 60+ years ✓ Salt first EBITDA: ~$286M2 Australia shortfall volume for
Slide 14: Important Notices
Important Notices Not an Offer of Securities This document has been prepared by BCI Minerals Limited ABN 21 120 646 924 (BCI). This document does not constitute or contain an offer, invitation solicitation or recommendation with respect to the purchase or sale of any security in BCI. This document i
Slide 15: Important Notices (continued)
Important Notices (continued) No Financial data All dollar values are in Australian dollars (A$ or AUD) unless otherwise stated. This document includes certain historical financial information extracted from BCI’s audited consolidated financial statements and information released to ASX (collectivel