Industrial Minerals


BHP faces criticism over capital-intensive expansion plans

09 May 2012

by Alex Feytis

Giant miner eases investor concerns over projects including Jansen potash, Canada

Keywords: Potash, Jansen, BHP Billiton, Potash Corp, Saskatchewan

World mining giant BHP Billiton Plc is facing critics on how it will manage its capital-intensive expansion programme, including its Jansen potash project in Canada, while commodity prices remain flat.

 

According to the Financial Times, the BHP board may be asked to sign off these three vast development projects over the next 12 months – Jansen potash, Olympic Dam copper/uranium and Outer Harbour iron...