A view of the Jansen project. Credit: BHP.
The biggest private investment in Saskatchewan history is nearing the finish line.
BHP (NYSE, LSE, ASX: BHP) is more than 60% of the way towards completing stage one of the $10.6 billion Jansen project in Saskatchewan, with first production scheduled for late 2026. By the early 2030s, Jansen is projected to become one of the world’s largest potash mines, producing about 8.5 million tonnes of the fertilizer annually – equivalent to about 10% of global supply.
Located about 140 km east of Saskatoon, Jansen is crucial to BHP’s ambitions of building a significant footprint in potash – a new commodity for the mining behemoth. The investment is part of an effort by the company to shift its portfolio away from steelmaking materials and towards what executives call “future-facing commodities” such as copper and potash. About 65% of BHP’s capital will be…
