BCI Minerals Limited announced that Mining Leases have been granted by the Department of Mines, Industry, Regulation and Safety (DMIRS) for its 100% owned Mardie Salt & Potash Project on the Pilbara coast of Western Australia. Mining Leases M08/525, M08/526 and M08/527 are valid for an initial term of 21 years to 2 February 2043, with further extensions of term available subject to Ministerial approval. The grant of Mining Leases follows the successful completion of land access agreements with gas pipeline easement holders, pastoral lease holders and native title parties.

With all Mining Act tenure and primary environmental approvals in place for the Definitive Feasibility Study (DFS) development footprint, secondary approvals allowing construction are now being facilitated. As outlined in BCI's Optimized Feasibility Study (OFS) announcement on 21 April 2021 and in the Ministerial Statement announcement on 25 November 2021, additional tenements acquired by the Company will allow for a project layout optimization and will be subject to further environmental assessment, secondary approvals, and an additional Mining Lease (M08/539) application over the next 12-months.