BCI Minerals (ASX:BCI) received confirmation from its lenders that all conditions required to enable the first drawdown of its AU$981 million project financing facility were satisfied, according to a Monday Australian bourse filing.
The firm expects to receive the first drawdown of AU$66 million on or around Feb. 4.
It entered into binding offtake agreements that cover China, Indonesia, Japan, South Korea, and Taiwan for the first three years of production with options to extend for a further three or five years.
The binding volumes for the first three years represent about 62% of the expected production from its Mardie salt and potash project in Western Australia during that period.
It also submitted an updated groundwater monitoring and management plan to Australian regulators on Jan. 15.
Its shares rose nearly 4% in recent trading on Monday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。