Mining company BHP has raised the cost estimate for the first stage of its Jansen potash project in Saskatchewan again.
The company says the first stage of the project is now expected to cost US$8.4 billion following a review of its budget and schedule.
Get breaking National news
Get breaking Canada news delivered to your inbox as it happens so you won't miss a trending story.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.
The forecast is up from expectations in July 2025 for between US$7 billion and US$7.4 billion.
The project was expected to cost US$5.7 billion when it was approved in August 2021.
- Montreal airport sets up memorial for Air Canada pilots killed in LaGuardia crash
- Carney faces pressure to show results in spring fiscal update: former PBO
- Man dead after shooting in Toronto parking lot, police search for suspects
- Governor General travelling to Tumbler Ridge, B.C., months after deadly mass shooting
BHP says the first stage of the Jansen mine is 75 per cent complete and it continues to expect it to produce about 4.15 million tonnes per year.
First production at the mine is expected in mid-2027.
Comments
Want to discuss? Please read our Commenting Policy first.