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World News and Views :: Projects

BHP Billiton commits to a further $2.6-billion investment in Canada potash project

2:33 AM MDT | August 20, 2013 | Francinia Protti-Alvarez

BHP Billiton (Melbourne) is going ahead with a $2.6-billion investment to finish the excavation and lining of production and service shafts at the company's previously announced Jansen potash project, in Canada, and to continue installing essential surface infrastructure and utilities, the company announced today. Today’s approval raises the company’s total commitment to Jansen to approximately $3.8 billion. The investment will be spread over a number of years, with completion of both shafts expected during 2016, with the associated works program...

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