BHP’s Jansen Mine Could Pose Threat to Established Potash Producers

The Globe and Mail reported that BHP’s Jansen mine in Saskatchewan may pose a threat to existing potash producers,  because of the sheer size and potential production of the project.

As quoted in the market report:

Jansen is slated to be the world’s largest potash mine, twice the size of its closest rival. With a total estimated cost of some $14-billion, it’s a brazen bet by Australian mega-miner BHP Billiton Ltd. that the crop nutrient will be the world’s most important mined commodity for decades as farmers struggle to boost food production for a hungry planet.

To view the whole Globe and Mail report, click here.