6 days ago
- Business
- AU Financial Review
BHP suffers $2.6b potash blowout
BHP's push into Canadian potash has suffered cost and schedule blowouts that will see the Jansen mine cost up to $US1.7 billion ($2.6 billion) more than previously expected.
BHP originally expected to spend $US5.7 billion building the first stage of the Jansen mine in the province of Saskatchewan, but said on Friday the budget would rise to between $US7 billion and $US7.4 billion.