BHP raises Jansen stage two cost estimate to $6.9bn after review
Key takeaways
- BHP raises Jansen stage two cost estimate to $6.9bn after review BHP continues to forecast Jansen stage two output at approximately 4.36mtpa.
- The company expects first production from this stage to commence late in financial year 2031 (FY31), two years later than previously planned.
- Approval for Jansen stage two was granted in October 2023, with BHP initially assigning an investment cost estimate of $4.9bn.
BHP raises Jansen stage two cost estimate to $6.9bn after review BHP continues to forecast Jansen stage two output at approximately 4.36mtpa. Credit: JHVEPhoto/Shutterstock.com. · Mining Technology · JHVEPhoto/Shutterstock.com. Shree Mishra Fri, June 19, 2026 at 8:56 PM GMT+7 2 min read BHP BHP has increased its total investment estimate for stage two of the Jansen potash project in Canada from $4.9bn (A$6.98bn) to $6.9bn following a detailed review of cost and schedule forecasts.
The company expects first production from this stage to commence late in financial year 2031 (FY31), two years later than previously planned.
Approval for Jansen stage two was granted in October 2023, with BHP initially assigning an investment cost estimate of $4.9bn.