** Shares of BCI Minerals BCI.AX rise as much as 1.3% to A$0.39, their highest level since December 15
** Mineral resources co secures key approvals allowing offshore placement of material generated from its dredging program at the Cape Preston West Port
** This will enable loading of deep-sea, ocean-going vessels with industrial salt from Mardie Salt Operation, co says
** Approvals granted from the Commonwealth and Western Australian Governments
** Stock is down 28.3% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))