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illuminem summarizes for you the essential news of the day. Read the full piece on ABC Australia or enjoy below:
🗞️ Driving the news: Australia’s largest solar salt project, the $1.4 billion Mardie Project by BCI Minerals, has been approved by the federal government
• The project, located in Western Australia’s Pilbara region, will produce 5.35 million tonnes of salt annually using 99% renewable energy
• It will create 750 construction jobs and 140 permanent jobs, with operations expected to start shipping salt by 2027
🔭 The context: Salt is in growing demand globally, especially in Asia, where it is used in various industrial applications
• BCI faced challenges in developing the project, initially shifting focus from potash to salt extraction due to technical difficulties
• Despite delays, the project is now halfway through construction, backed by $700 million in investor funding
🌍 Why it matters for the planet: Powered predominantly by solar and wind energy, the Mardie Project sets a benchmark for sustainable industrial mineral production
• Its reliance on renewable energy minimizes environmental impact while contributing to long-term economic growth
⏭️ What's next: The company will begin filling evaporation pools and seek further regulatory approvals, with salt shipments expected by late 2027
• Over 60 years, the project is projected to contribute nearly $5 billion to Australia’s GDP
💬 One quote: "The Mardie Project will be Australia’s largest solar salt project and the third-largest globally," said BCI Managing Director David Boshoff
📈 One stat: The project will produce 5.35 million tonnes of salt per year for global export markets
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