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4 months ago
BHP Group Ltd (LSE:BHP, ASX:BHP) shares saw their largest one-day drop in 14 months on Friday after the miner disclosed a US$2.3 billion write-down tied to its Jansen potash project in Saskatchewan, Canada, citing higher costs and schedule delays. Shares of the Melbourne-based company fell 5.6% in Sydney trading to about $61 following the announcement, made late on Thursday.