BCI Minerals' (ASX:BCI) cash and cash equivalents fell to AU$65 million in the fiscal second quarter ended Dec. 31, 2024, from AU$177 million in the previous quarter, according to a Wednesday filing with the Australian bourse.

Undrawn project facilities slid to AU$913 million from AU$981 million quarter on quarter, the filing said.

Construction at the Mardie salt and potash project reached 56% completion from 50% in the previous quarter. Cumulative expenditure rose to AU$898 million from AU$788 million, per the filing.

The company's shares were up almost 2% in recent Wednesday trade.

Price (AUD): $0.28, Change: $+0.0050, Percent Change: +1.82%