Sep 19, 2024 Leave a message

BHP’s Fertilizer Boss Bets On Low-Cost Potash To Challenge Rivals

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By Mariana Durao

September 18, 2024 at 8:34 PM GMT+8

 

BHP Group expects its $10.6 billion potash mine in Canada to make money even with weakened fertilizer prices, says the head of the project.

Jansen mine is expected to produce potash at costs that are less than the top Canadian operations of fertilizer giants Nutrien Ltd. and Mosaic Co., according to BHP's Karina Gistelinck. She said the massive size of the operation and BHP's heavy investment in automation are key to keeping costs down to be more competitive than other mines in Canada, the world's top supplier.

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