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-0.000277046682365924 -0.000138523341182863 0.00145449508242144 0.00138523341183001 0.00297825183543432 0.00761878376506457 0.00761878376506457 0.00761878376506457
Stock impact report

BHP Group Ltd (BHP) Developing Massive Potash Project Amid Supportive Environment [Yahoo! Finance]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Yahoo! Finance
Ltd (NYSE:BHP) flagged tightening potash supply as demand grows 2–3% annually and new projects remain limited. The company sees the market moving into deficit by 2035, with geopolitical risks adding pressure. Its Jansen project in Saskatchewan is key, set to start in mid-2027 and ramp to 4.1 million tons within two years, with a second phase lifting output to 8.5 million tons early next decade. BHP Group Ltd (BHP) Developing Massive Potash Project Amid Supportive Environment Brazil, which accounts for about 20% of global demand, is a major target market, alongside Asia, India, and the US. BHP admitted costs for Jansen's first phase rose to $8.4 billion, but still views potash as a long-term growth pillar, calling it “the iron ore of the future.” On March 18, Reuters reported that BHP Group's newly appointed CEO, Brandon Craig, plans to focus on organic growth of the company's four main businesses: copper, iron ore, potash, and coal. Craig's appointment takes effect on July 1. Show less Read more
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