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BHP is in talks with Nutrien on giant potash mine
BHP shares rose as much as 3.4% in London on Thursday after gaining 1% in Sydney.
By Thomas Biesheuvel and James Thornhill, Bloomberg
27 May 2021
13:57
Image: James MacDonald/Bloomberg
BHP Group is in talks with Nutrien Ltd. about a potential partnership in its massive Canadian potash venture as the worldâs biggest mining company moves closer to a final decision on the project.
The pair are discussing multiple options, including Nutrien becoming the operator and selling the potash through its existing channels, or the Canadian company taking a stake in the Jansen mine, according to people familiar with the matter. There is no guarantee the talks will lead to a deal, said the people, who asked not to be identified as the discussions are private.