(Adds details and background in paragraphs 2-4)
Oct 31 (Reuters) - Global miner BHP Group (BHP) said on Tuesday it had approved an investment of $4.9 billion for stage two of its Jansen potash project in Canada.
This follows BHP's approval of $5.7 billion capital investment for stage one of the Canadian potash project in August 2021.
The additional $4.9 billion investment will double Jansen's production capacity to approximately 8.5 million tonnes per annum, BHP said in a statement.
Jansen Stage 1 is 32% complete and progressing in line with its schedule, it added.
News: BHP UPDATE 1-BHP approves $4.9 bln investment in Stage 2 of Canada's Jansen potash project
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