BHP Group will decide on the Jansen project in the middle of the year

International giant BHP Group stated that its Board of Directors should make the final decision on the implementation of the Jansen potash project (the Saskatchewan province, Canada). As of today, BHP Group has already spent almost $3 billion on the project.

Earlier, BHP Group expected to totally spend $5.3-5.7 billion on the Jansen project. It’s planned to produce 4.3-4.5 million tons of potassium chloride per year, preserving an opportunity to increase the output by another 12 million tons.

With no direct access to the sea, the Jansen project will require the construction of a railway line and a terminal for the transport and transshipment of potassium chloride to ships.