Markets: BHP's potash hash

The mining behemoth's board may find it hard to approve further investment in its Canadian Jansen potash mining project.

BHP Billiton may be done with potash, at least for the time being. It’s hard to see BHP’s board now approving the construction of production and service shafts at the company’s Jansen potash project in Canada after the world’s biggest potash producer says it is abandoning limits on potash output.

OAO Uralkali is also halting cooperation with Belarus, an agreement that helped control supplies in the $US20 billion a year potash market. Potash provides soil nutrient that strengthens plant roots. 


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