Westshore Terminals surges on port services deal with BHP

Westshore Terminals Investment

23/07/2021 15:47

** Shares of terminal operator Westshore Terminals
Investment  WTE.TO  up as much as 38.88% at C$23.76
    ** BHP Group  BHP.AX  has reached conditional agreement with
co's unit to provide port services for the miner's proposed
Jansen potash mine in Canada  urn:newsml:reuters.com:*:nL1N2OZ0QD 
    ** WTE would construct infrastructure to handle potash at
its Roberts Bank Terminal by 2026, with BHP funding the
construction
    ** BHP, the world's biggest listed miner, has estimated
Jansen would cost up to $5.7 bln in its first phases
    ** The pact would become binding on BHP if it announces a
final decision to proceed with Jansen's first stage - WTE

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))