Reading Time: 2 minutes Major miner BHP’s potash mine-in-progress in Saskatchewan has picked up $100 million in federal funding to go toward investments in low-emissions equipment. Federal Industry Minister Francois-Philippe Champagne on Monday announced BHP’s Saskatoon-based Canadian arm will get backing from Innovation, Science and Economic Development Canada’s Strategic Innovation Fund (SIF) for the mine at Jansen, Sask., about […] Read more
Feds back BHP potash mine for sustainable tech
Fund to provide $100M for electrifying equipment
Nutrien’s interim CEO named CEO
Seitz sees 'a lot of uncertainty' continuing in market
Reading Time: < 1 minute Reuters — Canada’s Nutrien Ltd., the world’s largest potash fertilizer producer, named Ken Seitz as chief executive on Monday, removing the interim tag. Nutrien in January surprised investors by replacing its CEO for the second time in eight months. It then named Seitz, the head of its potash business, as interim CEO, replacing Mayo Schmidt. […] Read more
BHP open to potash partner but still will enter fertilizer business alone
Feds put $100M toward reducing emissions at BHP site
Reading Time: 2 minutes Ottawa | Reuters — BHP Group is open to taking on a partner as it builds its first potash mine in Saskatchewan, but can also go it alone and is not currently involved in discussions with rival Nutrien, a senior BHP executive said Monday. “We are more than happy and willing to work with partners. […] Read more
Nutrien confident in potash demand even with BHP project
Reading Time: 2 minutes Calgary | Reuters — Canada’s largest potash producer Nutrien said Tuesday it is confident in growing global demand for the crop fertilizer, shrugging off BHP Group’s decision to press on with its massive Jansen project in Saskatchewan that will add millions of tonnes a year of potash supply. BHP announced Tuesday it is going ahead […] Read more
BHP approves Saskatchewan potash project’s completion
Major miner expects to produce about 4.4 million tonnes of fertilizer per year
Reading Time: 3 minutes After over a decade of development and digging, one of the world’s biggest mining and metals companies has granted its Saskatchewan potash mining project the go-ahead to completion and full production. Australian-British mining firm BHP announced Tuesday its board has approved its potash mine about 60 km southeast of Humboldt, near Jansen, Sask., for another […] Read more
Potash partnership with BHP ‘not our focus,’ Nutrien executive says
Prices surging on rising demand, Belarus sanctions
Reading Time: 1 minute Winnipeg | Reuters — Canadian potash producer Nutrien is not focused on any potential collaboration with miner BHP Group, a senior Nutrien executive said Tuesday in the company’s first public comments about reports of possible co-operation. BHP has for years been constructing a potash mine at Jansen, Sask., near Nutrien’s six mines in the province. […] Read more
BHP delaying decision on Saskatchewan potash project
Jansen mine decision to be delayed by a few months
Reading Time: 2 minutes Melbourne | Reuters — BHP Group expects to present its board with a decision on whether to proceed with its Jansen potash project in Saskatchewan in a few months’ time — rather than mid-year — after choosing between two port options, an executive said on Thursday. The world’s biggest miner has estimated the project at […] Read more
BHP reported in talks with Nutrien on potash partnership
Reading Time: < 1 minute Reuters — BHP Group is in discussions with fertilizer maker Nutrien about a partnership in the miner’s massive potash project in Saskatchewan, Bloomberg reported Wednesday, citing sources. Potential options include Nutrien acquiring a stake in BHP’s mine at Jansen, Sask., or becoming the mine’s operator and selling the potash through its channels, the report said, […] Read more
New Nutrien CEO to carry out current strategy
Schmidt to focus on potash price over boosting sales
Reading Time: 2 minutes Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting crop nutrient prices […] Read more
BHP covers added costs for potash project
Long-awaited decision by BHP board now expected mid-2021
Reading Time: 2 minutes “Challenges” in completing the shafts for its Saskatchewan potash project have led the world’s biggest mining company to top up the project budget by 10 per cent. BHP, in an operational review document released Tuesday for its quarter ending Sept. 30, said its board has approved another $272 million to complete the watertight concrete and […] Read more