Currently viewing Global edition

BHP's potash no-brainer

The debate about whether BHP will get off the fence and make a firm commitment to enter the fertiliser business is all but over with a flood of cash from its iron ore operations meaning that the Jansen project in Canada might almost be funded out of petty cash.

BHP's potash no-brainer BHP's potash no-brainer BHP's potash no-brainer BHP's potash no-brainer BHP's potash no-brainer

Quarterly production numbers released last week by BHP confirmed that the company is on track to post a record profit in the 12-months to June 30, while also paying out a record dividend.