BHP backs off on potash, breaks records in iron and copper

BHP has spent $6.8b on JS1 since commencing execution. FY25 was a mixed bag for BHP, as the company’s iron ore and copper arms posted record-breaking production while potash aspirations slowed. The miner has increased its estimated capital expenditure by …

BHP flags $1.7bn cost increase at Canadian potash venture

MELBOURNE -- BHP's push into potash will cost up to $1.7 billion more than originally estimated, the Australian mining giant revealed on Friday. The company, which is pivoting towards potash and copper to diversify away from staple commodity iron ore …

BHP digs up record iron ore volumes, reveals potash cost blowout

Iron ore strong, but potash bites BHP

BHP suffers $2.6b potash blowout

BHP’s push into Canadian potash has suffered cost and schedule blowouts that will see the Jansen mine cost up to $US1.7 billion ($2.6 billion) more than previously expected. BHP originally expected to spend $US5.7 billion building the first stage of the …

BHP’s Potash Project Costs Rise as Iron Ore Output Edges Up

The world’s biggest miner is betting heavily on potash, which is used to make fertilizer. Estimated costs at the Jansen project’s first phase, which is 68% complete, have blown out from $5.7 billion to between $7 billion and $7.4 billion, while potential …

BHP delays Jansen potash project as costs surge; logs record copper output

By Roushni Nair (Reuters) -BHP Group flagged delays and cost overruns of about 30% for its key Jansen Stage 1 potash project on Friday, even as the miner reported record annual copper production above 2 million metric tons and warned of a decline next year …

Record-breaking year for BHP’s WA iron ore arm while its Canadian potash plan suffers $2.6b cost blowout

DFC Backs Africa’s first Potash Mine 

GARIKAI MAFIRAKUREVA WASHINGTON D.C – The US International Development Finance Corporation (DFC) has announced a strategic investment to support the development of Africa’s first potash mine in Gabon. The funding aims to strengthen food security across the …

HZL’s Potash Block Project in Rajasthan Receives LOI

Hindustan Zinc Limited (HZL), a fully integrated zinc producer, received a Letter of Intent (LOI) from the ministry of mines, government of India for a key potash block in Rajasthan. The allocation was made under Tranche V of the central e-auction process …