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BHP Is in Talks With Nutrien on Giant Potash Mine

  • Miner discussing Jansen options with Nutrien: people familiar
  • BHP to make final decision on potash mine in coming months
Operations At The Nutrien Ltd. Cory Potash Mine As Consumption Predicted To Rise
Photographer: James MacDonald/Bloomberg
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BHP Group is in talks with Nutrien Ltd. about a potential partnership in its massive Canadian potash venture as the world’s biggest mining company moves closer to a final decision on the project.

The pair are discussing multiple options, including Nutrien becoming the operator and selling the potash through its existing channels, or the Canadian company taking a stake in the Jansen mine, according to people familiar with the matter. There is no guarantee the talks will lead to a deal, said the people, who asked not to be identified as the discussions are private.