Part 3/11:
Despite the positive production results, BHP disclosed a troubling increase in costs associated with its fertilizer plant in Canada, specifically at the Jensen facility. The project has experienced cost overruns amounting to approximately $1.7 billion USD, pushing the total project expense close to AUD 2.5 billion. This substantial blowout represents a significant financial setback, exacerbating concerns among shareholders and analysts about project management and cost control.