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BHP Raises Potash Mine Costs Again, Takes $2.3 Billion Writedown
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BHP Raises Potash Mine Costs Again, Takes $2.3 Billion Writedown BHP Group said it expects the expansion of its giant Jansen potash mine to cost $6.9 billion, the latest in a series of cost and time overruns for the project in Canada. BHP, the world’s largest miner, has routinely blown past cost estimates for its key project in Canada, raising projected investments and pushing back timelines.
BHP Raises Potash Mine Costs Again, Takes $2.3 Billion Writedown
BHP Group said it expects the expansion of its giant Jansen potash mine to cost $6.9 billion, the latest in a series of cost and time overruns for the project in Canada.
BHP, the world’s largest miner, has routinely blown past cost estimates for its key project in Canada, raising projected investments and pushing back timelines.