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BHP: Jansen Potash Mine Phase II Expansion Costs Surge to $6.9 Billion, Expected to Start Production by the End of 2031

BHP: Jansen Potash Mine Phase II Expansion Costs Surge to $6.9 Billion, Expected to Start Production by the End of 2031

格隆汇格隆汇2026/06/18 10:39
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Glonghui, June 18 — BHP will take a $2.3 billion asset impairment on its massive Jansen potash project, after announcing a series of newly emerged cost overruns and schedule delays for this Canadian expansion project. Following an assessment, the company stated on Thursday that the cost of the stage-two expansion project is now expected to reach $6.9 billion, up from the previously forecast $4.9 billion. The project is scheduled to start production at the end of 2031.
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