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 we do what we say value was on 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 has made the system perform. Mardie is now firmly established as a working salt operation. That values-driven approach is exactly what underpins the business we're building at Mardie. Mardie's already Australia's largest solar salt operation and the third largest globally. 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. Our focus is clear: deliver high quality salt and associate minerals to our customers. With salt now crystallizing, we focus on achieving a safe and efficient ramp-up. We believe also that salt bitterness represents a valuable opportunity to support additional product streams over time. That's why our sulfate of potash trial is an important step towards proving this as our next major revenue stream. With its scale, coastal location, and integrated port infrastructure, Mardie is exceptionally well-positioned to meet expected rising demand across Asia. The port also provides us connectivity to our customers, along with additional upside through its spare capacity, creating potential for additional revenue streams and strategic partnerships over time. Now turning our minds to health and safety. Health and safety remains our first priority, and it underpins everything we do. Safety performance remained strong through this quarter. We completed more than 280 critical control verifications targeted at the risks that are critical. Mobile plant and equipment, vehicles and traffic management, and fitness for work. Visible leadership in the Field remains central to our approach. Our leaders completed more than 480 safety interactions across site during the quarter, and we brought in external coaching through our Leadership in the Field program. This helped to sharpen our ability to hold effective safety conversations at the work front. At the quarter end, our 12-month rolling total recordable injury frequency rate was at 4.4. Now to the operations at Mardie, where the June quarter delivered a substantial progress across the production system. Let me just start with the headlines. We completed the first fill of Train G. We also commenced filling of Train F, and with the crystallizer brine densities continuing to build, salt crystallization has now commenced. We closed the quarter with an inventory of 49,000 tonnes of salt in our crystallizers. As of this morning, I had a look at the production report, we are just over 82,000 tonnes in those crystallizers. On a recent site visit, I held the crystallized Mardie salt in my hands. I have to say, after years of planning, construction, and pond filling, it's a great feeling to hold this product in my hand. It is real, it's here, and it's exactly what we set out to do. Behind these milestones sits an important evolution. Our operations team has now transitioned from the initial filling phase into a pond management and density building phase. Pond levels across the network are averaging at approximately 98% of design operating height, so nearly at the final height. Our focus has now shifted from maximizing volume transfer to optimizing brine management, density progression, and overall system performance. During this quarter, we also set up a civil maintenance team. This team is focused on levee integrity, pond wall maintenance, drainage, and proactive maintenance across the pond network. We've also built an operations team with exceptional people who chose to be part of Australia's largest salt operation. Collectively, they bring more than 100 years of experience in the salt industry, and they apply this expertise to how we operate Mardie every single day. I've included this diagram to explain a little bit more what we mean by pavement and inventory. The path to first salt is now driven by nature. It's driven by the evaporation process that underpins the production of high-quality industrial salt. Our team is actively managing pond depths, surface areas in order to maximize evaporation and accelerate density growth. In this slide, you can see exactly what we're building towards. The slice view on the left shows you the layers for the crystallizers. It shows you the part we are able to harvest. I'll start from the bottom. Once a crystallizer is lined, you can see the black line in that picture, a salt pavement must form of approximately 200 mm, which equates to approximately 160,000 tonnes per crystallizer cell. That's the second layer you can see there. That's the hard floor. On top of that hard floor, it allows us to grow salt, which is our salt inventory or harvestable inventory, and that is then allowing for safe harvesting. That harvestable inventory, that's what we collect and ship to our customers. As we've said previously, weather conditions during the early ramp-up phase will influence the timing of first harvest as well as first salt on ship. Under peak evaporating conditions, salt is produced faster, as you can see on the left of that graph. Then while in cooler, wetter conditions, it moves to the right. It takes a longer time. We expect to be operationally ready for first salt on ship in the first quarter of calendar 2027, but our first shipment date remains weather-dependent. Just to be clear, the operations will be ready to produce wash ship salt by first quarter 2027, calendar 2027, but that first production export date remains weather-dependent. Our focus remains on safe, sustainable ramp-up as we build towards Mardie's design capacity of approximately 5.3 million tonnes per annum of high-quality salt. I'll cover construction. I am pleased to share that the construction required to reach first salt on ship is almost complete, with the overall progress reaching 85% completion at the end of the quarter. Cumulative construction expenditure now totals AUD 1.185 billion. Every week that passes, construction risks of the project reduces further. As we disclosed last quarter, we are lining the crystallizer trains to achieve nameplate capacity of 5.35 million tonnes per annum. In total, we will line seven trains, and each train is made up of four cells, so 28 cells in all. At the end of June, six of those cells were complete and holding brine. This include Train G, the first full train that has now been commissioned. Since the end of the quarter, a further two cells have been lined, the program remains on schedule for completion in March 2027. This is in step with our ramp-up in line with the operational requirements. Here's why each cell matters. Every one of them will hold approximately 80,000 tonnes of salt inventory on top of the permanent pavement prior to harvesting. Each completed cell is a future production banked. Now to the salt wash plant. Concrete works is past 90%, structural steel erection has begun. Major equipment continues to arrive. Screw classifiers, dewatering screens, centrifuges with the screw classifiers already lifted in position during June. There's some great photos at the back end of the deck if you're interested. By the end of June, construction of the marine package had reached 95%. The dredging program has commenced, we shared that with the last quarter, with more than 100,000 cu m already excavated by the end of June. This is over 30% of the design volume. Our completion remains on track for early September, this is well ahead of the environmental blackout period. Piling has also commenced during the quarter. Seven of the 10 navigational aids is already completed by the end of June, the berthing piling installation at the jetty head has begun in early July. I'll now hand over to Steve to talk through the financials. Yeah. Thanks, David. As David said before, total construction costs now sit at over AUD 1.185 billion, having spent AUD 75 million this quarter. The largest packages of work remaining include the dredging, the balance of the crystallizer lining, and the salt wash plant. The progress being made on these three construction areas support our confidence of remaining on budget. I was up at site the last couple of weeks, and I've had customers up there, and our customers are extremely excited about what they're seeing in terms of our development. As David said, there's some really great photos at the back of the presentation, I really do encourage everyone to have a look at those. Now turning to funding. During the quarter, we drew AUD 90 million from our syndicated debt facility. That takes us to 11 drawdowns now, totaling AUD 586.6 million at the end of June. The drawdown process operates smoothly, and at quarter-end, BCI had available liquidity totaling AUD 423 million. With pre-revenue operating expenditure required of AUD 258 million, BCI has now invested almost AUD 1.48 billion in the Mardie Salt operation. At the end of June, the cost to complete is estimated to be AUD 258 million against available funding of AUD 423 million. As a result, at the end of June, we had available liquidity of AUD 165 million to fund our working capital. Subsequent to 30th of June, BCI received the final deferred payment of AUD 12.5 million from the sale of Iron Valley. That, in effect, increases our liquidity to AUD 177 million, placing us in a very strong financial position. In terms of the market, salt prices have been broadly unchanged since the previous quarter, with demand outlook remaining positive. Our view is underpinned by numerous meetings with current offtake and potential customers undertaken during the quarter. During the quarter, myself and our head of sales spent quite a bit of time in Asia, including a visit to a chlor-alkali plant that's being constructed in Indonesia, and we also had several meetings with other companies that are looking to construct chlor-alkali plants in the regions. These plants are scheduled to come online as Mardie ramps up. Together, these new plants, though, are expected to generate surplus demand for industrial-grade solar salt of approximately 20 million tonnes per annum. To put that into perspective, that's nearly four times Mardie's design capacity. Combined with the long-run growth rates, the demand for salt in the Asian market is expected to increase by 37 million tonnes per annum over the next decade. This is far greater than the forecast supply growth of 10 million tonnes per annum. While we don't predict the salt price, we all know the usual relationship between supply shortfalls and price. The demand story is being driven by the critical minerals needed for battery storage technology, semiconductor manufacturing, and critical mineral processing, water treatment and cooling, and other industrial materials. Chlor-alkali producers make the essential chemicals needed to process critical minerals destined for these products. The build-out of AI data centers, battery manufacturing, renewable energy, and electrification are all expected to drive indirect demand for salt. As we have forecast previously, the Indian market is going through a transition. There are large new chlor-alkali plants under construction, which are expected to be commissioned over the next 12 months. The feedstock for those plants will most likely come from Indian domestic supply, which means their export volumes will reduce over the coming years. We're already starting to see a shift, with exports pulling back, Indian exports pulling back from their peak in the December 2024 quarter. I'd like to discuss a bit more around the Mardie Port. This is a strategically valuable asset for BCI and the Pilbara region. This is a multi-use port designed to export around 20 million tonnes per annum of bulk commodities such as salt, SOP, and potentially iron ore. At nameplate capacity, Mardie salt-only operation needs around 5.5 million tonnes, leaving approximately 14.5 million tonnes of surplus capacity. This presents a real opportunity to support resource companies in the West Pilbara who need a pathway to market to be able to get their products out to their customers, and they're able to utilize our port infrastructure. To enable the opening of the Mardie Port to other resource companies, BCI has commenced discussions with regulators on the potential export of iron ore. This quarter also brought a milestone with a real sense of occasion. Construction has officially commenced of the Mardie Spirit. This is a 16,000-tonne self-unloading transshipment vessel that is purposely built for the Mardie operation. Steel was cut at the Chengxi Shipyard in China, with David and our Chairman, Brian O'Donnell, attending that ceremony. That will be delivered by CSL. I'll now hand back to David to talk about SOP. Thank you, Steve. Sulfate of potash is a key byproduct of our salt operation and an important future revenue stream for BCI. During the quarter, the KTMS trial crystallizers continued to operate under steady state conditions. Operations did feel the residual impacts of two tropical cyclones in the March quarter, together with some heavy rainfall during June. Despite these weather impacts, KTMS production remains on track to deliver tonnages required for the proposed SOP pilot plant trials. During the quarter, we have engaged two SOP industry specialists to undertake the preliminary engineering design and the Class 4 capital cost estimate for the pilot plant. Submissions were received and evaluated, and I'm pleased to share with you today that we have confirmed the SOP pilot plant feed study has been awarded to Bluestar Lehigh Engineering Corporation in China. While our focus remains on safely ramping up operations and completing construction, sustainability remains an important priority, and I want to share a few highlights from the last quarter. On the environment, all key monitoring programs were delivered in collaboration with specialist consultants and our traditional owners. These programs covered mangroves, samphire and algal mat surveys, marine water quality surveys, and surface water flow studies. During the quarter, BCI and WAC jointly developed a full-time ranger role at Mardie. It's designed as an accessible, entry-level position supporting local employment and participation in land management. The shortlisting for this role is complete, and the interviews have begun in the September quarter. As a sponsor of the Karratha Kangaroos Junior Rugby League Club, our volunteers, joined by myself, Mhairi Cameron, and the members of the board, spent an afternoon at the BCI Sponsor Round, and you can see some of the photos on the screen. We spent that afternoon with players, families, and volunteers in Karratha. Mhairi also presented on Mardie at the Pilbara Summit. This was in late June. This event drew more than 500 participants across the region. Also, our team volunteered at the Karratha Senior High School to share in their Positive Behaviors Program. This is very much aligned to our BCI values and very passionate support from us. As we close this quarter, we do so by consistently applying our values, and particularly this quarter, we shared examples of the doing what we said we do value in action. This quarter, salt production commenced. The balance of the construction is in its final stages, and the project is still within budget and is fully funded. As I said earlier, that holding the first piece of salt in my hand at Mardie was a fantastic feeling. Now, it'll be even better when we get this product on ship, and I know what this represents for our shareholders. Firstly, the world needs salt. It's used across a broad range of industries, as Steve shared with us, and with a long history of predictable demand and stable pricing. Secondly, it's sustainable. Salt is an infinite natural resource produced from seawater, and 99% of the energy used to produce it comes from the sun and the wind. As we've discussed today, there is potential to extract multiple minerals from the same process. Third, Mardie has the potential to offer an annuity-style return profile. This is a long-life asset with 60 years ahead of it. Salt, port CapEx, and working capital are fully funded. Once in production, we expect a strong free cash flow profile with low sustaining capital. What we have is predictable demand, sustainable production, and annuity-style returns. That's the business we're building. Now, this brings me to the end of my presentation. I do want to just reiterate, we have some great photos at the back end of the deck. For those of you able to, please take time to look at those pictures. We'll now move to questions. If you haven't already, please submit your questions on the live Q&A tab on the right-hand side of your screen. Thank you. Thank you, David and Steve. The first question is for you, David, regarding the timing of first salt. It's clear from the presentation that you'll be ready. However, it's not clear on when. Can you help us understand why that is, please? Yes. Thank you. Thank you for that question. I think it's important for me to reiterate that our construction of the physical assets, of the port, the dredging works, the salt wash plant, the crystallizers, the lining of the crystallizers are all on track and, as I said earlier in my presentation, within budget and on schedule. What of course is important to reiterate is the production of salt itself is 100% dependent on the surface area you have available and the temperature, wind, the weather conditions you see at site. I shared that at the end of June, we were close to 50,000 tonnes of salt in those crystallizers. Our team measures that every day. As of this morning, my production report came through, and it said we are at 82,000 tonnes. We are making very good progress in salt production. On hot days, we see great evaporation. Of course, on cooler days or rain days, you see very low evaporation, and that's very important that I want to share with shareholders that we will continue to update you on the progress of the actual tonnes. We shared a bit of the cross-section of what the crystallizers look like, so you can understand what we're trying to share. As the salt volume produces, we'll be able to provide more and more accuracy of when we expect to have first shipments. That's weather dependent. What is in our control, within BCI's control, is 100% on track. David, you spoke earlier and you showed that cross-section. That first 200 mil in each cell, you need 160,000 tonnes of salt, and that's your permanent pavement. Pavement, yep. Then to get to harvesting, you said we need about another 100 mil on top? That's right. That's 80,000 tonnes. Per cell, yeah. Per cell. Yeah. Does that mean to be able to achieve FSOS, you need about two cells with roughly 480,000 tonnes of salt? Of total salt, yeah. Pavement and actual harvestable salt. Yeah, that's correct. I think one of the important things to point out is we shared that we will have all the crystallizer cells lined by March next year. We only need two cells for harvesting of the first shipments, and then only two trains to get us all the way up to steady state volume. Those two trains are almost finished lining now, and we started filling the third crystallizer in that F Train just on the weekend. Yeah, absolutely. It's important to understand that not all the crystallizers have to be finished and in full operation, you only need a couple. Of course, the importance of all those crystallizers, when you're in steady state, you rotate through them over time, and that becomes a sustainable production profile. We'll continue to update the market on that. Of course, each quarter I'll share with you how much tonnes we have and reminding you of the numbers that Steve just shared so you can understand what that means for readiness for exports. Thank you, David. The next question is for you, Steve. Can you please outline the regulatory process and expected timeline for enabling iron ore shipments through the Mardie Port? In addition, how are discussions with prospective third-party users progressing? Yeah. Thanks. It's an area I'm particularly excited about. We are a multi-user port, and we do have approvals in place to be able to export salt and SOP. As we broaden the number of commodities or we move into different commodities to be able to go through that port, there are certain approvals that we need to put in place. Mardie, whilst it's nowhere near any towns, the movement of iron ore does have some dust, and we'll be managing the dust. We're also in a fairly sensitive area in terms of flora. We just need to be able to submit our dust management plans to both the state and federal regulators, to show that we can appropriately manage the dust in the area and not have an impact on some of that flora in the region. In terms of discussions, we've had quite a few approaches about accessing that port. I'd estimate there's over 1 billion tonnes of JORC resources in that West Pilbara area that would, if we can get the right approval frameworks in place and ensure we get the right returns for our shareholders, that would be able to be moved through our port. Thank you, Steve. Another question for you. Can you please comment on the current salt pricing versus your expectations? Yeah. I think at the moment there's a couple of things playing out in salt price. The conflict in Iran certainly had an impact, and that's mainly because when a chlor-alkali plant is producing caustic soda, one of the inputs they need is a product called naphtha, and the Asian market has been sourcing that naphtha from the Middle East. With restrictions around supply, what we saw was a reduction in the production of caustic soda. The chlor-alkali plants wound back their production because they didn't have access to that raw material. Consequently, demand for salt, over the last three or four months, has been a little subdued, and that sort of held the price pretty flat over the last two quarters. We're starting to see that's been resolved. We saw caustic soda prices almost triple for a period there. They're back now to the pre-Iran conflict levels. I think for the balance of the year, its salt price will probably move a little bit sideways, around the same level as it is at the moment. I'd expect in the calendar year 2027 and calendar year 2028, we'll start to see that step up towards our long-run expectations. It's really being driven by those chlor-alkali plants I mentioned earlier. There's a large number of new plants under construction, and that represents around 20 million tonnes of new demand in the Asian region. Consequent on the other side, there's only around 10 million tonnes of new supply coming into market. Australia's a bit over 7 million tonnes, and we represent around 5.35 million tonnes of that new supply. You can start to see that supply-demand dynamic coming out of kilter, with demand exceeding supply. I do think we're not that far off from seeing some tightening, and I expect in normal circumstances, price will then follow. These new plants are real. For a long period of time, we've been talking about Wood Mackenzie reports and the expected new demand coming online. What we're now seeing is it's coming out of a table to actually being chlor-alkali plants coming out of the ground. Myself and Tony, our GM of Sales, have visited some of those sites, and we've seen firsthand those plants under construction. Or we've talked to the engineering companies that are building those new plants to get an idea of where they are in terms of construction. Over the next 12 months, there's going to be significant new demand as these chlor-alkali plants are commissioned and come online. Thanks, Steve. There are no further questions. Awesome. Yeah. Thank you everyone for joining us this morning, and I do encourage you to have a look at the photos. They do get me very excited. There's some great salt photos as well. We are currently here in Sydney, and we're doing some roadshows with shareholders and some new potential shareholders. Thank you, everyone.