GFM Network News

A worker checks mining equipment at Nutrien’s Lanigan mine. That company’s mothballed capacity could slow or halt BHP’s planned Jansen project.

Prairie potash project may cost BHP growth elsewhere, say investors

The largest project ever is under clouds of uncertainty as excess capacity dogs the sector

Reuters – BHP Group is under pressure from Canada to green light a giant potash project when it makes a final investment decision by mid-year but some investors said the world’s biggest miner may obtain better returns by plowing the funds elsewhere. The fertilizer ingredient will be in oversupply over much of the next decade,