World's top miner BHP to accelerate $5.7-billion potash project in Canada

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World's top miner BHP to accelerate $5.7-billion potash project in Canada
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Move comes as high gas prices and curbs on key exporters disrupt fertilizer supply chains

The world’s top miner, which is entering production of the crop nutrient to add exposure to population growth, has been searching for ways to speed up the project as the long-term outlook for fertilizer prices strengthens.

“We are working to bring forward Jansen Stage 1 first production into 2026 and are assessing options to accelerate Jansen Stage 2,” Melbourne-based BHP said Tuesday in a statement. Jansen’s first stage had previously been expected to commence in 2027. BHP last year finally approved construction of the Jansen mine in Saskatchewan, Canada, after years of debate over the huge price tag. Jansen could operate for a century, and eventually grow to a scale that would rival the size of the company’s flagship Pilbara iron ore operations, according to BHP.Article content

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