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Itochu to buy Mardie salt

BCI now expects to spend about $1.42 billion to complete the build

Karma Barndon
BCI chief financial officer Kerryl Bradshaw and Itochu general manager Ken Fukui execute the term sheet

BCI chief financial officer Kerryl Bradshaw and Itochu general manager Ken Fukui execute the term sheet

The parties will now negotiate an offtake agreement for a minimum 3.6 million tonnes of Mardie salt in aggregate over five years, starting from 2026. Under the terms of the deal Itochu will buy 500,000t...

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