David Boshoff
MD & Director
Good morning, everyone, and welcome. I’m David Boshoff, and with me is our CFO, Steve Fewster. We’re pleased to be joining you today for this June 2026 quarterly update. Before we get underway, I’d like to mention that today’s presentation should be read in conjunction with our June quarterly report. This is available on our website. As we move through today’s session, please feel free to add your questions to the live Q&A tab on the right-hand side of your screen, and we’ll respond to these questions at the end of the session.
Our values define us. They guide every decision we make. This quarter, our “how we do what we say” value was in full display. We said we would transition Mardie from filling ponds to operating them, and we have. Salt production has commenced in our crystallizers, and we closed the quarter with salt inventory in the ground. That results belong to our team, our contractors. And as the sun drives the evaporation process, their preparation, coordination, and commitment have made the system perform. Mardie is now firmly established as a working salt operation. And that values-driven approach is exactly what underpins the business we’re building at Mardie
Mardie is already Australia’s largest solar salt operation and the third largest globally. And here’s what makes this moment so significant. After years of construction and now literally months away from completion, the heavy lifting is done. The CapEx is largely spent and the risk to schedule and cost has reduced dramatically. What you’re looking at is no longer a construction story, it’s an emerging production story.
