However, the company’s CEO told investors this week, it still considers the project east of Saskatoon ‘attractive.’
BHP “over-invested” in its massive Jansen potash mine, currently under construction east of Saskatoon, the Anglo-Australian company’s chief executive told investors this week.
However, Andrew Mackenzie said during a mining conference in Barcelona, BHP still considers the project “attractive” even though no final decision about its future has been made.
BHP has committed around US$3.9 billion to the project, but Mackenzie confirmed this week that it remains “uncertain” when the company’s board will make a decision about whether to proceed further. Continue Reading →