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