---
title: "BCI Minerals Swings to FY26 Profit on Tax Asset and Iron Valley Sale"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296274372.md"
description: "BCI Minerals reported a net profit of $30.8 million for FY26, reversing a prior year loss, driven by a $92.9M deferred tax asset recognition and an $11.4M gain from the Iron Valley sale. Revenue rose to $6.2M, but no dividend was declared. The company is transitioning focus to its Mardie Salt and Potash Project. Analysts maintain a 'Buy' rating with a A$0.75 price target."
datetime: "2026-08-18T22:03:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296274372.md)
  - [en](https://longbridge.com/en/news/296274372.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296274372.md)
generator: "portal-rs"
---

# BCI Minerals Swings to FY26 Profit on Tax Asset and Iron Valley Sale

An update from BCI Minerals Ltd ( (AU:BCI) ) is now available.

BCI Minerals reported a sharp turnaround for the year to 30 June 2026, posting a net profit attributable to members of $30.8 million compared with a $47.1 million loss a year earlier. Revenue from continuing operations edged up to $6.2 million, while net tangible asset backing per share improved to $0.28, although the board again opted not to declare a dividend.

The stronger result was largely driven by recognition of a $92.9 million net deferred tax asset tied to previously unrecognised tax losses, partially offset by costs related to ongoing construction of the Mardie Salt and Potash Project. BCI also booked $11.4 million profit after tax from discontinued Iron Valley operations via a gain on sale of assets, underlining its strategic transition toward salt and potash and a firmer balance sheet for stakeholders.

The most recent analyst rating on (AU:BCI) stock is a Buy  
 with a A$0.75 price target.  
 To see the full list of analyst forecasts on BCI Minerals Ltd stock,  
 see the AU:BCI Stock Forecast page. 

**More about BCI Minerals Ltd**

BCI Minerals Limited is an Australian resources company focused on mineral projects including salt and potash, with operations transitioning away from its former Iron Valley iron ore interests. The company is currently centred on the development and construction of the Mardie Salt and Potash Project, which is driving ongoing project development and corporate expenditure as it builds out its production capacity and long-term revenue base.

BCI operates within the broader mining and minerals sector, with its Mardie project positioned to supply industrial salt and potash products into global markets once operational. The strategic shift away from discontinued iron ore operations toward higher-value salt and potash underscores a repositioning of the business toward more diversified and potentially more stable commodity demand cycles.

**Average Trading Volume:** 1,279,489

**Technical Sentiment Signal:** Buy

**Current Market Cap:** A$1.38B

### Related Stocks

- [BCI.AU](https://longbridge.com/en/quote/BCI.AU.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**