ASX:BHPMetals and Mining
BHP (ASX:BHP) Takes $2.3 Billion Jansen Write Down As Costs And Delays Grow
BHP Group (ASX:BHP) recorded a $2.3b impairment charge tied to the Jansen potash project in Canada.
The company disclosed higher projected costs for Jansen alongside an extended development timeline.
The update marks a material shift for BHP's long term plans in the fertilizer segment.
BHP Group is best known for its large scale operations in iron ore, copper and other key commodities, and Jansen has been positioned as its entry point into potash and fertilizers. The newly announced write...