BHP Takes $2.3 Billion Potash Charge as Costs Jump Again

🇨🇦 Bloomberg (CA) —

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BHP Group announced a $2.3 billion writedown on its Jansen potash mine in Canada due to ongoing cost and timeline overruns. The charge reflects challenges faced in expanding the project amid rising expenses.

BHP Group will take a $2.3 billion writedown on its giant Jansen potash mine, after announcing the latest in a series of cost and time overruns for an expansion of the project in Canada.

Markets Deals Commodities BHP potash mine Jansen project writedown cost overruns Canada commodities

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