Melbourne, Australia: Orica (ASX: ORI), the world’s largest manufacturer of commercial explosives and innovative blasting systems has been awarded the five-year explosives technology and services contract for Glencore’s Australian copper and zinc operations, effective January 2021.
Glencore, one of the world’s largest globally diversified natural resource companies, produces and markets a diverse range of metals and minerals, with its Australian copper and zinc operations including McArthur River Mine (NT), Lady Loretta Mine (QLD), Mount Isa Mines (QLD), Ernest Henry Mine (QLD) and CSA Mine (NSW). Orica has an existing supply agreement with Glencore’s nickel and cobalt operations at Murrin Murrin (WA).
As part of the contract, Orica will deliver the full suite of explosives technology and blasting services across the Glencore copper and zinc operations in Australia, including the supply of the world’s first fully wireless initiating system, WebGen™, BlastIQ™ digital blast optimisation suite of products and smart explosives delivery system, Bulkmaster™ 7. This partnership further strengthens and expands Orica’s longstanding relationship with Glencore.
Orica Chief Executive Alberto Calderon said: “Glencore is a key global diversified customer, and we are delighted to be partnering with them across their Australian copper and zinc operations, integrating our most advanced technologies and solutions to solve their more complex operational needs.
“Glencore’s Ernest Henry mine in North West Queensland was the first site in the world to trial and adopt our wireless explosives technology, WebGen™. This deal shows Glencore’s confidence in our technology roadmap as well as aligning with their strategic vision for technology to deliver added value to their operations.”
Orica will work closely with Glencore to ensure uninterrupted supply to each operation, during the rapid mobilisation and transition period.