Part 4/11:
The fertilizer project was initially conceived based on the global need for food and fertilizer supply, with BHP betting on the growing demand. The unexpected escalation in costs prompts investors and stakeholders to question whether the company will continue investing in this Canadian operation or shift focus back to domestic projects within Australia, notably the Olympic Dam expansion. The Olympic Dam, a massive copper and uranium mine in South Australia, has been weighing on BHP’s strategic decisions, particularly regarding whether to allocate capital here or in Canada.