Original article by Peter Ker
The Australian – Page: 19 & 24 : 20-May-19

BHP recently advised that the first stage of its proposed $US5.7 billion ($8.3 billion) Jansen potash project in Canada will produce 10 per cent more a year than previously forecast, but that it will cost around 10 per cent more to construct. Green Markets research director Alexis Maxwell says rival potash producers would seek to keep prices sufficiently low so that BHP did not have sufficient incentive to develop Jansen, while JP Morgan analyst Lyndon Fagan says BHP is using unrealistically high potash prices to justify the economics of Jansen. BHP is expected to make a decision on whether to proceed with Jansen within 18 months.

CORPORATES
BHP GROUP LIMITED – ASX BHP, GREEN MARKETS, JP MORGAN AUSTRALIA LIMITED