BHP has new potash mine in sights

Saskatoon-Australian giant BHP Billiton has asked the Province of Saskatchewan for permission to construct the world’s largest potash mine, according to the Canadian press. The mine would be located west of Saskatoon. Potash production could start as early as 2015 and achieve full production of 8 million mt/y by 2026. Government approval is reportedly not expected until the spring of 2011. BHP has been eyeing such a project for some time and last year bought all of the shares of Anglo Potash Ltd., which had been developing a potash project (GM July 14, 2008).