BHP News & Events

Luis Caputo, Minister of Economy of the Argentine Republic, said on X, formerly Twitter: "The Evaluation Committee approved today the entry into the RIGI of the Vicuna copper project, in San Juan, developed by BHP and Lundin. With an initial investment of USD 9.7 billion-which could reach USD 18 billion according to company estimates-this is the largest mining project in our history and one of the five largest copper projects in the world. This project will generate exports of more than USD 2.6 billion per year and more than 30,000 direct and indirect jobs. More productive investment, more jobs, and more growth for Argentines."

BHP Canada Inc (BHP) has signed transportation agreements with Canada's two national rail carriers, Canadian National Railway (CN) and Canadian Pacific Kansas City (CP), marking a significant milestone in the development of the Jansen Potash Mine. The agreements will support the movement of potash from Jansen to Westshore Terminals in Vancouver, where it will be exported to global markets. Jansen will benefit from dual rail access via the Jansen Access Spur, enabling connectivity to both CN and CPKC mainlines. This dual-access model is designed to enhance supply chain reliability and provide flexibility in delivering product to customers around the world. By connecting Jansen to port infrastructure in Vancouver, the agreements reinforce Canada's role as a leading global supplier of potash. Under the agreements, both CN and CPKC will operate unit trains between Jansen and Westshore Terminals. The initial term of the contracts is approximately four years, supporting Jansen Stage 1 production, with future arrangements to be aligned with the next phase of the project.