Owner Operator Developer Offtaker
Orica is an Australian-based global supplier of commercial explosives, blasting systems, and related chemicals serving the mining, quarrying, oil and gas, and construction sectors. Headquartered in Melbourne, the company operates manufacturing, technical, and distribution facilities across major mining regions worldwide. Orica originated as ICI Australia and adopted its current name in 1998 following its demerger from Imperial Chemical Industries.
Its portfolio includes bulk and packaged explosives (such as ammonium nitrate and emulsion products), electronic and non-electric initiating systems, and blasting services. Orica also supplies sodium cyanide used in gold extraction and provides mine-to-mill and digital blasting technologies for operational planning and performance monitoring. The company’s capabilities extend to geotechnical and slope stability monitoring through specialized subsidiaries, supporting safe and efficient resource development.
chemXplore tracks 1 project involving Orica, of which one is active.
Q3 revenue rose >10% y/y and company remains on track for ~15–16% full‑year growth; Q3 net cash usage ≈ $28M with ≈ $134M cash on hand; margin improvement and an ~$8bn electrolyzer pipeline.
The 1 MW PEM electrolyzer will produce hydrogen for a refuelling station to supply dual‑fuel heavy trucks and help build South Island hydrogen infrastructure.
Sequential revenue growth, gross-margin expansion to breakeven, operating costs cut ~50%, raised 2026 revenue guidance to 15–16% and targets positive EBITDAS in Q4.
active all projects
