NAIF approves largest WA loan for BCI development

BCI Minerals is set to benefit from taxpayer largesse, with a massive loan to help underwrite the development of its flagship Mardie salt and potash development in Western Australia’s Pilbara region.

NAIF approves largest WA loan for BCI development NAIF approves largest WA loan for BCI development NAIF approves largest WA loan for BCI development NAIF approves largest WA loan for BCI development NAIF approves largest WA loan for BCI development

Mardie will be the first salt development in 20 years

The A$5 billion Northern Australia Infrastructure Facility has decided to provide a $450 million loan facility over 15 years to the Kerry Stokes-controlled company.