BHP pushes out Jansen investment decision to mid-2021
The Jansen Stage 1 potash project, in Canada, will be presented to the BHP board for a final investment decision by the middle of next year, diversified major BHP CEO Mike Henry said on Tuesday.
The company previously planned to present the project, east of Saskatoon, Saskatchewan, to its board in February 2021, but delays relating to the completion of shafts have pushed out this date by a few months.
The delays are a result of initial challenges with placement of the shaft lining, which have since been rectified, BHP explained. The group’s Covid-19 response plan also impacted on work during the June quarter.