BHP Jansen 85 Percent Complete

BHP Ltd., Melbourne, said on Jan. 21 its current investment program at the Jansen potash project in Saskatchewan was 85 percent complete, up from 84 percent in October (GM Oct. 18, 2019), and remained within the approved US$2.7 billion budget.

Ahead of an expected final investment decision on stage 1 of the project by February 2021, the mining group’s board in October approved an additional US$144 million for engineering work to support project planning and on finalizing the port solution, plus a further US$201 million in funding to further de-risk the project.

BHP, in its half-year operational review this week, reported final shaft lining work at Jansen is continuing.