BHP is investing $7.5 billion in the Jansen potash mine in Canada, aiming to become a major potash supplier. Despite short-term price fluctuations, Mike Henry, the company’s chief, is optimistic about the long-term demand for potash due to global population growth. The company is also looking to expand its copper and nickel assets while gradually moving away from coal. Henry believes metallurgical coal will be essential for steel production for decades to come, as alternative carbon-reducing technologies are still in the early stages. BHP sees Canada as an attractive investment destination, but there’s room for improvement in permitting processes and standards.