Q: I own Nutrien.
Q1 = When is BHP's Jansen potash mine scheduled to come on line? I read late 2026....does that match your sources?
Q2 = More importantly, when will the Jansen mine start-up be expected to impact world supply-demand stock pricing?
Thanks...Steve
Q1 = When is BHP's Jansen potash mine scheduled to come on line? I read late 2026....does that match your sources?
Q2 = More importantly, when will the Jansen mine start-up be expected to impact world supply-demand stock pricing?
Thanks...Steve
5i Research Answer:
The Jansen potash project has reached a pivotal milestone with construction surpassing the 50 per cent completion mark for Stage 1, with Stage 2 also underway. The project is on track to see first production in 2026 and be a major global producer of potash by the end of the decade. The new supply could be significant, but contract buyers know this, and futures prices will think will already reflect the expected supply. Its impact may not be fully reflected yet, however, but it is impossible to tell.