Chandra Asri Signs Binding Salt Offtake Agreement with BCI Minerals

Chandra Asri Group and BCI Minerals Limited (“BCI”) are pleased to announce the signing of a binding Offtake Agreement. Chandra Asri will use the salt produced at the Mardie Project in the world-scale Chlor-Alkali plant currently being developed in Indonesia. The Offtake Agreement with BCI is for the supply of salt from BCI’s Mardie Salt Project over a three-year term, with Chandra Asri having the right to extend the term for a further 3 years’ subject to certain conditions being met.