BHP puts off potash mining plans

Original article by Matt Chambers
The Australian – Page: 20 : 28-Aug-18

BHP Billiton advised in its 2017-18 full-year report that it now expects global demand for potash to exceed supply by the mid-to-late 2020s, having forecast in 2017 that there would be a demand-supply imbalance by the mid-2020s. As a result, the timeline for development of BHP’s Jansen potash deposit in Canada remains uncertain. BHP is close to completing two kilometre-deep shafts at the Jansen project in preparation for the commencement of mining, but the shafts will then be mothballed until market dynamics make development appropriate.

CORPORATES
BHP BILLITON LIMITED – ASX BHP

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