BHP to invest $4.9 billion in Jansen potash project in Canada

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BHP to invest $4.9 billion in Jansen potash project in Canada
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(Reuters) -Global miner BHP Group said on Tuesday it would invest $4.9 billion in stage two of its Jansen potash project in Canada to double capacity by the ...

-Global miner BHP Group said on Tuesday it would invest $4.9 billion in stage two of its Jansen potash project in Canada to double capacity by the end of the decade.

"This is an important milestone... and marks the next phase of the company's growth in Canada," CEO Mike Henry said in a statement. BHP sunk $4.5 billion into the potash project in Saskatchewan before it approved stage one. It pulled the trigger on an additional $5.7 billion capital investment for stage one in 2021.

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