BHP Group may be heading for another clash with investors as the world’s biggest miner gets closer to a decision on whether to build, sell or mothball its $20 billion (U.S.) potash project. While the outlook for potash has improved, Jansen “is not a project that at this stage we think deserves serious consideration,” he said. In a webcast last month, CEO Mackenzie was positive on the outlook for potash and BHP’s assets. Read about Chinese interest in potash from BHP’s Jansen projectBHP believes it has the world’s best undeveloped potash assets and the business could eventually rival its iron ore unit in scale, Mackenzie said. After spending the better part of a decade in a downward spiral, prices of potash have finally turned around.

Source: thestar December 13, 2018 11:48 UTC