BHP Approves Investment in Jansen Stage 1 Potash Project
BHP has approved USD 5.7 billion in capital expenditure for the Jansen Stage 1 potash project in the province of Saskatchewan in Canada. Jansen S1 is expected to produce approximately 4.35 million tonnes of potash per annum, and has a basin position with the potential for further expansions (subject to studies and approvals). First ore is targeted in the 2027 calendar year, with construction expected to take approximately six years, followed by a ramp up period of two years.
Jansen S1 includes the design, engineering and construction of an underground potash mine and surface infrastructure including a processing facility, a product storage building, and a continuous automated rail loading system. Jansen S1 product will be shipped to export markets through Westshore, in Delta, British Columbia and the project includes funding for the required port infrastructure.