BHP Billiton to Allocate $500 Million to Jansen

The Australian reported that BHP Billiton is poised to allocate $500 million of pre-approval development capital to Jansen, which some take as an element of a strategy that would see a commitment of a S12 billion development decision in 2015-16.

As quoted in the Australian:

But according to analysts at Goldman Sachs, BHP ultimately will give the go-ahead for Jansen, a project that BHP says represents a potential opportunity to establish a fifth pillar to its four-pillar operating base of iron ore, copper, coal and petroleum.

To view the whole Australian report, click here.

Get the Latest Potash Investing Stock Information

Get the latest information about companies associated with Potash Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply