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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。