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BCI's $1B Mardie cost warning bears bitter fruit

HAVING warned earlier this year that the cost wolves were nipping at the heels of its A$1 billion Mardie solar salt and potash project, BCI Minerals used yesterday's annual general meeting to start fleshing out the scale of the pain.

Haydn Black
Mardie's seawater intake station

Mardie's seawater intake station

New managing director David Boshoff, who only started this week, said the 400-person Mardie village, seawater intake and initial pond construction packages were now likely to cost around $160 million to...

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