The federal government has committed $100-million to BHP Group Ltd.’s planned $400-million investment in technology designed to make its Jansen project in Saskatchewan the world’s greenest potash mine.
The Jansen mine is expected to begin producing potash in 2026. BHP forecasts its technology investments will cut the facility’s greenhouse gas emissions in half compared with comparable existing potash mines, and lower water consumption by 60 per cent against peers. BHP predicts demand for potash will increase in coming decades, owing to the need for fertilizer that feeds increasingly affluent consumers from less arable land. Ms. Bibeau said: “Our government’s investment in the world’s greenest potash mining facility will help our farmers feed a growing world population.”
“We never win projects based entirely on money. We win based on our strength across the board, on talent, on stability,” Mr. Champagne said, pointing to a string of recent investments in Canada by foreign automakers and battery manufacturers. He said: “Canada is on an a roll.”