PROJECT FINANCE

Australia doubles down on BCI's Mardie

AFTER a few weeks of nervous waiting, the Australian government has confirmed it is still prepared to back the massive Mardie salt-potash development in Western Australia’s Pilbara region to the tune of A$650 million in loans.

Mardie is a massive construction effort

Mardie is a massive construction effort

Developer BCI Minerals revealed in June that its costs had blown out from $905 million to $1.63 billion, and the timelines had slipped. That news, and the collapse of multiple smaller potash hopefuls,...

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