Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Fluor Selected by BHP for Stage 2 of Multibillion-Dollar Jansen Potash Project in Saskatchewan, Canada

BusinessWire_EN 
0 0 03.11.23
Fluor Selected by BHP for Stage 2 of Multibillion-Dollar Jansen Potash Project in Saskatchewan, Canada: https://mms.businesswire.com/media/20231103432597/en/1933747/5/230926_jansen3_BHP_Photo.jpg
 

Fluor Corporation (NYSE: FLR) announced today that its Mining & Metals business has been selected by BHP Canada to develop Stage 2 of its multibillion-dollar Jansen potash project in Saskatchewan, Canada. Fluor expects to recognize its undisclosed reimbursable contract value in the fourth quarter of 2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231103432597/en/

BHP Canada’s Jansen potash project site in Saskatchewan. (Photo: Business Wire)

BHP Canada’s Jansen potash project site in Saskatchewan. (Photo: Business Wire)

“Fluor is excited to be selected to partner with BHP to deliver this sustainable program that is critical for food security,” said Tony Morgan, president of Fluor’s Mining & Metals business. “This award is a testament to our track record of successfully delivering complex mega-projects, coupled with our expertise in fertilizer production and execution capability in western Canada.”

Potash is essential in supporting eco-friendly agriculture. Approximately 95% of potash is used in fertilizers to support plant growth, increase crop yield and disease resistance, and enhance water preservation.

When completed, the Jansen site will be capable of producing approximately 8.5 million tonnes of potash per year. It will be one of the largest and most sustainable potash mines in the world.

Project execution is scheduled to begin later this month.

The project will be managed through Fluor’s Calgary and Vancouver, Canada, offices.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 40,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $13.7 billion in 2022 and is ranked 303 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.

#M&M

View source version on businesswire.com: https://www.businesswire.com/news/home/20231103432597/en/

Fluor Corp. Stock

€38.11
-0.240%
Fluor Corp. shows a slight decrease today, losing -€0.090 (-0.240%) compared to yesterday.
Our community is currently high on Fluor Corp. with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 10.21% compared to the current price of 38.11 € for Fluor Corp..
Show more
Like: 0
Share
BusinessWire_EN 
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.

Legal notice

Comments

Not a member yet? Sign up for free!