BHP Billiton CEO: Potash Industry Recovery 'A Long Way Off'

Peter Koven of the Financial Post reported that BHP Billiton (NYSE:BHP) CEO Andrew Mackenzie recently told investors that he doesn’t see the Potash Industry recovering until 2020.
As quoted in the publication:

Melbourne, Australia-based BHP is in the midst of a US$2.6-billion investment to build production shafts at its Jansen project in Saskatchewan. Jansen would be a game-changer in the industry, as BHP is aiming to produce eight million tonnes of potash a year, which would amount to nearly 15 per cent of global supply.

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