BHPâs big potash neighbour just got friendlier
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When the two Canadians at the top of BHP sit down in a couple of months time to decide whether to spend $US5.7 billion ($7.4 billion) on a new Canadian potash mine, they will do so knowing the loudest critic of their plans will likely be silent.
Charles âChuckâ Magro has been a constant irritation for BHP in recent years as his regular warnings that BHPâs Jansen mine in Canada would flood the market with too much potash have frustrated attempts to convince BHP investors of the merit in taking a long-term punt on the fertiliser commodity.
Operator
Good morning, ladies and gentlemen, and welcome to The Mosaic Company s first-quarter 2021 earnings conference call. [Operator instructions] Your host for today s call is Laura Gagnon, vice president, investor relations of The Mosaic Company. Ms. Gagnon, you may begin.
Laura Gagnon
Vice President of Investor Relations
Thank you, and welcome to our first-quarter 2021 earnings call. Opening comments will be provided by Joc O Rourke, president and chief executive officer, followed by a fireside chat, as well as open Q&A. Clint Freeland, senior vice president and chief financial officer; and Jenny Wang, vice president, global strategic marketing and other members of the leadership team will also be available to take your question. We will be making forward-looking statements during this conference call. The statements include but are not limited to statements about future financial and operating results.
Operator
Ladies and gentlemen, thank you for standing by. Welcome to the Methanex Corporation Q1 2021 Earnings Call.
I would now like to turn the conference call over to Ms. Kim Campbell. Please go ahead.
Kim Campbell
Director of IR
Thank you. Good morning, everyone. Welcome to our first quarter 2021 results conference call. Our 2021 first quarter news release, management s discussion and analysis and financial statements can be accessed from the reports tab of the Investor Relations page on our website at methanex.com. I would like to remind our listeners that our comments and answers to your questions today may contain forward-looking information. This information, by its nature, is subject to risks and uncertainties that may cause the stated outcomes to differ materially from the actual outcome.