News Articles

Kimberley Mineral Sands received a NAIF loan in 2022. Photo: Tom Zaunmayr

North-West 22 Apr 2026

State, feds mull joint project loans

The state government is working on a deal to use a federal government loan scheme to support mid-tier infrastructure projects in the North West.

Salt harvesting in the North West. Photo: Tom Zaunmayr

Mining 20 Mar 2026

Leichhardt to double salt project

Salt harvester Leichhardt has applied to double the size of the Lake MacLeod operation near Carnarvon which it bought from Rio Tinto.

BCI's previous quarter progress was recorded at 74 per cent. Photo: BCI Minerals.

Mining 28 Jan 2026

BCI project activity slows in quarter

Construction at Kerry Stokes backed-BCI Minerals' Mardie project slowed during the December quarter as it completed large construction foundations.

CSBP's Jonathan Hams and SO4 superintendent Kris Flatman at Lake Way. Photo: CSBP

Agribusiness 05 Dec 2025

CSBP contracts Lake Way potash

Wesfarmers' fertiliser manufacturer has begun sourcing material from the only surviving and operating Western Australian potash project.

Advertising, Marketing & Communications 31 Oct 2025

ACE profit drops, value nears $3bn

Kerry Stokes' private company Australian Capital Equity reported a 70 per cent year-on-year drop in annual profit last year, as the value of its asset book closes in on $3 billion.

Winyama Contracting won a major contract on Woodside's Pluto project. Photo: Supplied

Indigenous 03 Sep 2025

Indigenous business hits $3bn

The fast-growing sector expanded by 27 per cent last year, underpinned by contracts with big mining companies, research by Business News has found.

Mining 13 Aug 2025

WA’s sole potash producer in export milestone

Private company SO4 has made its first international commercial shipments, marking a milestone for what is the last standing pure-play potash producer in Western Australia.

Mining 16 Apr 2025

Key commonwealth approval received for BCI

Kerry Stokes-backed BCI Minerals will advance to full-scale operations at its Mardie salt and potash project, after receiving a key federal approval.

The Mardie salt project, with Roger Cook and Madeleine King inset.

Mining 04 Feb 2025

BCI makes first loan drawdown

State and federal ministers have praised Kerry Stokes-backed BCI Minerals, after the Mardie salt project developer drew down the first tranche of a $981 million debt facility.

Mining 29 Jan 2025

BCI cumulative spend jumps by $102m

BCI Minerals' cumulative expenditure rose from $788 million to $898 million during the December 2024 quarter, as construction of its Mardie salt and potash project continues.

North-West 27 Nov 2024

WA salt projects primed for expansion

It has been a long time since big investors started spruiking plans for new salt projects in the north-west.

Mining 22 Oct 2024

BCI secures financing, deal over Mardie

Kerry Stokes-backed BCI Minerals has secured backing for a $981 million financing and signed with Chinese chemical company Befar to supply salt from its $1.4 billion Mardie project.

Mining 26 Sep 2024

BCI progresses $1.4bn Mardie project

Kerry Stokes-backed BCI Minerals has started the next stage of its $1.4 billion Mardie salt and potash project in the state's Pilbara region.

Mining 10 Sep 2024

BCI gets environmental nod at Mardie

Kerry Stokes-backed BCI Minerals has received environmental approval from the federal government at its Mardie salt and potash project, located 80km south of Karratha.

Deals 21 Aug 2024

McConnell Dowell aims for ASX listing

Engineering and construction contractor McConnell Dowell, including its subsidiary Built Environs, is aiming to list on the ASX as part of a restructuring by its South African parent.

Mining 23 Jul 2024

Potash project achieves first production

Private company SO4 has delivered rare good news for the potash sector by announcing successful production at its Lake Way project, which it bought out of receivership two years ago.

Manufacturing 01 Jul 2024

BCI signs $598m contract

BCI Minerals has entered into a 21-year agreement with CSL Australia, worth $598 million.

Mining 14 Jun 2024

MinRes to buy BCI assets

Kerry Stokes-backed BCI Minerals has announced it will divest its Iron Valley assets to Mineral Resources for up to $72.6 million.

Bulls N' Bears 27 May 2024

Lindian appoints new boss for African rare earths mission

Incoming Lindian Resources chief executive officer Alwyn Vorster has vowed to bring the company's massive flagship Kangankunde rare earths project in Malawi into construction and operation “as soon as possible”. The experienced rare earths executive, who has a track-record of managing projects through all stages of development, is expected to take up his new post as of this Saturday.

Government 29 Apr 2024

Government lenders pony up for projects

The Northern Australia Infrastructure Facility is one of several government agencies approving big loans for resources projects.

Mining 11 Apr 2024

Contractor, BCI in Mardie project row

A NSW contractor has sued Kerry Stokes-backed BCI Minerals for $7 million, alleging a breakdown of an agreement over the $1.6 billion Mardie salt project.

Mining 08 Apr 2024

BCI pushes for approvals at $1.6bn Mardie project

BCI Minerals says it has received a series of mining lease approvals necessary to finalising its Mardie salt project, as it works to get the $1.6 billion dollar project off the ground this year.

Mining 25 Mar 2024

Iron ore junior looks to salt for export hopes

A junior Pilbara iron ore company is casting its net wide - including to prospective salt miners – in the search for port space to boost its exports.

Deals 21 Mar 2024

BCI secures offtake deal

BCI Minerals has notched an offtake agreement with an Indonesia chemical and infrastructure company for salt to be produced from its Mardie project.

Mining 05 Feb 2024

BCI on the road to $315m

Shares in BCI Minerals drifted to 23.5 cents per share after the company exited a trading halt.

Mining 01 Feb 2024

BCI taps investors for $315m

Kerry Stokes-backed BCI Minerals is asking investors for $315 million to help fund the final component of its Mardie project near Karratha.

Deals 20 Dec 2023

BCI secures almost $1bn debt for salt project

BCI Minerals has secured a syndicated facility agreement for its Mardie salt project near Karratha, with nearly $1 billion locked in for the under-construction asset.

Appointments 08 Dec 2023

Appointments December 8, 2023

Our weekly appointments wrap includes Steve Fewster, Kerryl Bradshaw, Wendy Attenborough, Trevor Hunt, Marcus Stafford, Kellie Benda, Adel van der Walt, Aaron Harding, Emmanuel Ranga and Helen Hristofski.

Podcasts 22 Sep 2023

Mark My Words September 22 2023

In this podcast, Mark Pownall and Jack McGinn discuss the latest on Chevron's IR deal, WA's top builders, potash deal, road funding, battery contacts, Synergy, Water Corp, tower plans, barramundi and Twiggy's mansion.

Mining 04 Sep 2023

BCI notches $150m bank loan

BCI Minerals has secured a $150 million loan from two commercial banks to fund its Mardie salt project after notching the bulk of the funding support from the federal government last month.

Mining 25 Aug 2023

BCI gets more government support

Kerry Stokes-backed BCI Minerals has secured an increased loan from a federal government agency for its $1.6 billion Mardie salt project as it continues negotiations with commercial lenders.

Government 20 Jul 2023

Business subsidies increasingly opaque

The amount of assistance provided by taxpayers to Australian industry increased last year to $13.8 billion and it is increasingly difficult to assess its value, a report has found.

Mining 04 Jul 2023

Indonesia signs deal with BCI Minerals

A company owned by the Indonesian government is evaluating a $100 million equity investment in BCI Minerals after signing a non-binding offtake agreement.

Appointments 03 Jul 2023

Board Moves July 1-3, 2023

Our board moves wrap includes Steve Bodon, Andrea Betti, Peter Schwann, Paul Weston, Jeff Swingler, Vincent Algar, Susan Park, Stephanie Majteles, Lip Sin Tee, Lip Jen Tee, Charles Pettit, Krista Bates, Nik Senapati, Jacqueline Murray, Nitin Tyagi, Trevor Benson, Jennifer Neild, Matthew Nixon, Mel Ashton, Robert Mosig, Stuart McKenzie, Joanna Kiernan, Peter Ruttledge, Peter Torre, Andrew Strelein, Dan Lougher, Sara Prendergast, Lucas Welsh, Shannon Coates, Joan Dabon, Jo-Ann Long, Cris Moreno, Francis Wedin, Gavin Rezos, and John Kenny.

Deals 27 Jun 2023

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