• BCI achieved first salt crystallisation, marking Mardie as a working salt operation
• Construction completion increased to 85% from 69%
• Total Recordable Injury Frequency Rate (TRIFR) was 4.4
• Available funds at year end were $423M
• BCI maintained full funding to complete construction and production ramp up

BCI Minerals Ltd (ASX: BCI) reported its financial results and corporate update for the year ended 30 June 2026. The company achieved a significant milestone with the first salt crystallisation at the Mardie Salt Operation, marking it as a working salt operation. Construction completion increased to 85% from 69% in the previous year. BCI maintained its focus on health and safety, completing 1,340 Leadership in the Field interactions and 1,138 critical control verifications. The Total Recordable Injury Frequency Rate (TRIFR) was 4.4, reflecting increased workforce numbers and exposure hours. BCI remained fully funded to complete construction and production ramp up, with cumulative expenditure increasing to $1,479 million and available funds at year end at $423 million.

BCI's focus in FY27 will be the safe and sustainable ramp up of Mardie, including achieving first harvest of salt, completing the dredging program, and finishing construction and commissioning of the salt wash plant.