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K+S gains on BHP potash project delay

ReutersJul 18, 2025 8:29 AM

Shares in German potash and salt miner K+S SDFGn.DE rise 3% with an analyst and a trader pointing to world's largest listed miner BHP Group BHP.AX flagging a delay at its key Jansen potash project in Canada

BHP postponed first production to mid-2027 from the end-2026 target, and is also weighing extending its first output target for the second stage by two years to fiscal 2031, citing expected additional supply in the medium term

"Delayed potash supply increases are positive for a tighter potash supply/demand and higher pricing," a trader says

The news is a small positive for K+S, Florida-based Mosaic MOS.N and Nutrien NTR.TO, the trader adds

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