BHP updates Jansen Stage 2 cost and schedule estimates
Investment estimate rises to US$6.9 billion with first production in FY2031, and an impairment charge of about US$2.3 billion is expected.
See the latest news and media coverage for BHP. We track all announcements, press releases, and industry mentions in real time, all in one place.
Global diversified mining and resources company
bhp.comLast updated
In short: BHP faced scrutiny over climate delays and labor disputes while pursuing copper growth and reaching a major reparation agreement in Brazil.
Investment estimate rises to US$6.9 billion with first production in FY2031, and an impairment charge of about US$2.3 billion is expected.
The deals will transport potash from Jansen mine to Vancouver for export, enhancing supply chain reliability.
The funding includes an $80 million school upgrade, a new aquatic centre, and worker accommodation.
Over 18 months, resources include compensation, infrastructure, health, and environmental projects. The agreement totals R$170 billion.
The Australian Workers Union has followed two other unions threatening strikes against BHP in the Pilbara, by applying for a Fair Work Commission ballot of...
, opens new tab on Thursday warned of cost overruns at its Jansen Stage 2 potash project in Canada ...
Miner BHP is gearing up to sell its power transmission lines in Chile as it refocuses toward copper...
Iron ore futures fell below $100/ton for the first time since March on signs of abundant supplies after data showed that steel production in China shrank again in May.
Track BHP and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Discover what's making headlines across other trending companies.