JOHANNESBURG (miningweekly.com) – BCI Iron has changed its name to BCI Minerals to reflect the broadening of the company’s strategy to increase its focus on additional commodities.
The ASX-listed company has expanded its focus to also include a presence in gold and base metals and has set out to be an “influential Australian player” in the agricultural and industry minerals industry.
The ASX-listed company owns and operates the Iron Valley mine in central Pilbara and the Buckland iron-ore project in western Pilbara, but is also establishing an agricultural and industrial minerals business, which currently includes a joint venture over the Carnegie potash project with fellow-listed Kalium Lakes and the 100%-owned Mardie salt project, which has a completed scoping study.
BCI is also seeking to create a presence in gold and/or base metals.
The company’s ASX ticker will remain BCI and trading on the ASX under the new name will start on Wednesday.