The Distillery: BHP's potash potential

Jotters see BHP Billiton’s potash play as a critical part of the Mackenzie chapter, with one arguing it could become a fifth pillar for the miner.

BHP Billiton chief Andrew Mack­enzie has resisted pressure to put the miner’s potash play in Canada on the backburner. The mining giant’s results missed expectations, but the commitment to keeping options open in Canada is instructive when it comes to the company’s Mackenzie chapter, according to Australia's business commentators.

The Australian Financial Review’s Matthew Stevens says BHP Billiton’s decision to triple its position in Canadian potash shows Mackenzie still sees the industry as a potential fifth pillar for the miner.

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