BHP’s Jansen Stage 1 potash project, about 60 kilometres southeast of Humboldt is a go.
The province says this is the single largest economic investment ever made in Saskatchewan’s history.
To date, approximately $5 billion has been spent to construct the mine with an additional $7.5 billion in investment expected to complete the project.
Premier Scott Moe says, “As the largest economic investment in our province’s history, BHP’s decision highlights the strength of our potash resource and will undoubtedly help build a strong economy for Saskatchewan.” Once in operation, the project will support over 600 direct jobs at the mine site and at the corporate office in Saskatoon.
Production is anticipated to begin in 2027 and contribute significantly to achieving the government’s Growth Plan targets of reaching $9 billion of potash sales by 2030.
Saskatchewan accounts for approximately 30 per cent of global potash production with the sector employing an estimated 5,000 people.