BCI Minerals (ASX:BCI) said it is on track to ensure optimal capacity in all nine ponds, according to a Thursday filing with the Australian bourse.
As of Sept. 30, three ponds are filled to maximum, while pond four is filled at 97% and ponds five and six are filled to 95%, pond seven is filled at 93%, and ponds eight and nine are filled at 73% and 43% respectively, the filing said.
Pond nine is on track to produce industrial salt, and its density will increase with further inundation, the filing said.
Shares of the company rose past 4% in recent Thursday trade.