BHP Jansen 1 Ahead of Schedule, 44% Complete

BHP reported on April 18 that its Jansen Stage 1 potash project in Saskatchewan remains ahead of its initial schedule and is now 44% complete. The first production target is by the end of calendar year 2026. Capital expenditures are expected to be $5.72 billion with capacity of 4.15 million mt/y.

Jansen Stage 2, which reached final approval in October 2023, is expected to be up in fiscal year 2029. Capital expenditures are put at $4.86 billion with capacity of 4.36 million mt/y.