BHP in no hurry to develop Jansen as it struggles to find partners

By James Sean Dickson
Published: Friday, 22 August 2014

Company suggests interested parties have been prevented or delayed from coming forward as potential partners for the development of the potash project because of the sluggish market after last year’s BPC split.

BHP says potential partners have been shy about coming forward for the $16bn Jansen project in Saskatchewan because of depressed market conditions in potash.

BHP is lukewarm about progressing the project alone, with Citigroup analysis last month suggesting that the project will cost $16bn to develop. The company has already...

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