BHP Shares Fall After $2.3 Billion Writedown on Potash Mine

πŸ‡¨πŸ‡¦ Bloomberg (CA) —

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BHP Group has written down $2.3 billion on its potash mine project in Canada due to cost and schedule overruns linked to an expansion, causing its shares to decline.

BHP Group shares fell after the company flagged a $2.3 billion writedown on its giant potash mine in Canada due to cost and time overruns for an expansion of the project.

Markets Deals Commodities BHP Group potash mine writedown Canada mining commodities cost overruns

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