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BHP targeting initial potash production from Jansen in 2026

Kitco Media
By Michael McCrae
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Number one diversified miner BHP Billiton said production and unit cost guidance remains unchanged for the 2023 financial year.

The company released its operational review for the quarter ended in September.

Overall copper production was 410.1 kt, 11% lower than the previous quarter due to operational and grade issues. Iron ore was 65.1 Mt, 1% higher than the previous quarter. Nickel was up 10% to 20.7 kt.

The company said its Jansen stage one is "...tracking to plan, with civil and mechanical construction activities progressing. We are targeting Jansen Stage 1 first production in the 2026 calendar year and have accelerated the Jansen Stage 2 study." The Jansen Potash Project is located approximately 140 kilometres east of Saskatoon in the province of Saskatchewan, Canada. BHP is spending $5.7 billion in the Jansen Stage 1 project. Anticipated initial capacity is 4.3 - 4.5 Mtpa.

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Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

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