BHP Scales Back Canada Potash Spending Amid Commodities Downturn

  • Expenditure on Jansen project to drop to $200 million in 2016
  • Company confident long-term demand for potash remains strong

BHP Billiton Ltd., the world’s biggest mining company, is reducing spending on a potash mine in the Canadian prairies by about one-third amid the decline in global commodity prices.

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