BHP banks on $10bn Canadian potash mine to diversify from iron ore

Fertilizer ingredient offers bright prospects for Australian miner as China steel output cools

20250415N Jansen

BHP Group aims to start producing potassium carbonate at its Jansen mine in Saskatchewan next year. (BHP)

RURIKA IMAHASHI and KENTO HIRASHIMA

SYDNEY/TOKYO -- Australia's BHP Group is preparing to open its first potash mine in Canada, a foray into a new field that, alongside an expansion of its copper business, the company hopes will drive growth as Chinese demand for its mainstay iron ore slows.

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