BHP Group falls on cost overrun at Jansen potash project, $2.3 billion impairment charge

BHP

19/06/2026 03:10

** Shares of BHP Group BHP.AX fall as much as 4% to A$62.440, set for their worst trading session since March 9, if losses hold 
** Stock hits its lowest level since June 12
** After market on Thursday, the mining giant raised its investment estimate for Jansen Stage 2 in Canada to $6.9 billion from $4.9 billion
** BHP expects first production from the potash project in late fiscal 2031
** Miner to recognise impairment charge of about $2.3 billion for the project
** BHP stock down 0.5% so far this week, up over 37% YTD


 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))