Oct 31 (Reuters) - BHP Group Ltd (BHP) :
- APPROVES INVESTMENT IN JANSEN STAGE 2
- HAS APPROVED AN INVESTMENT OF US$4.9 BILLION ( FOR STAGE TWO OF JANSEN POTASH PROJECT (JANSEN STAGE 2) IN SASKATCHEWAN, CANADA
- APPROVES US$4.9 BILLION INVESTMENT IN STAGE TWO OF JANSEN POTASH PROJECT
- HAS APPROVED AN INVESTMENT OF US$4.9 BILLION (C$6.4 BILLION) FOR STAGE TWO OF JANSEN POTASH PROJECT (JANSEN STAGE 2) IN SASKATCHEWAN, CANADA
- JANSEN STAGE 1 IS 32% COMPLETE AND PROGRESSING IN LINE WITH ITS SCHEDULE
- JANSEN STAGE 1 IS EXPECTED TO BE DELIVERED IN LATE CY2026
- FIRST PRODUCTION FROM JANSEN STAGE 1 IS EXPECTED TO BE DELIVERED IN LATE CY2026
- ADDITIONAL INVESTMENT WILL DOUBLING PRODUCTION CAPACITY AT JANSEN TO ABOUT 8.5 MILLION TONNES PER ANNUM
- JANSEN STAGE 2 IS EXPECTED TO DELIVER APPROXIMATELY 4.36 MTPA OF PRODUCTION AT A CAPITAL INTENSITY OF APPROXIMATELY US$1,050/T
- ADDITIONAL US$4.9 BILLION INVESTMENT FOR JANSEN STAGE 2 WILL BE USED FOR DEVELOPMENT OF ADDITIONAL MINING DISTRICTS,AMONG OTHERS
- JANSEN STAGE 2 INVESTMENT INCLUDES FUNDING TO INCREASE STORAGE FACILITIES AT WESTSHORE TERMINALS PORT
- WILL NOT BE INITIATING FORMAL CAPACITY EXTENSION FOR WESTSHORE PORT TERMINAL AT THIS TIME
News: BHP BHP Group Approves US$4.9 Bln Investment In Jansen Stage 2
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