Orica Limited

Orica Limited Overview

Company Headquarters: Australia

Founded: 1874

Workforce: ~12000+

Company Working: Orica Limited is a global mining and infrastructure solutions provider. The company is headquartered in Melbourne, Australia, and has a global presence in over 100 countries. Orica's products and services include commercial explosives, blasting systems, ground support, sodium cyanide, and mining chemicals. Orica's commercial explosives are used in a variety of mining and civil engineering applications, including quarrying, tunneling, and construction. The company's blasting systems are used to control the detonation of explosives, and to ensure that blasting operations are safe and efficient. Orica's ground support products are used to stabilize underground mine walls and roofs, and to prevent rock falls. Sodium cyanide is used in gold extraction, and mining chemicals are used to improve the efficiency and sustainability of mining operations. Orica is a leading supplier of mining and infrastructure solutions to the global market. The company's products and services are used by a wide range of customers, including mining companies, construction companies, and government agencies.

Strategy

Orica focuses on operational excellence and cost-efficiency to maintain its competitive edge. Through its focus on innovation, sustainability, customer-centricity, and strategic growth, Orica aims to drive long-term success and remain at the forefront of the mining and civil solutions industry. The company aims to leverage its expertise in blasting and explosives to provide specialized and efficient solutions for the mining and construction industries. Orica places a strong emphasis on research and development, continuously investing in technology and innovation to deliver high-quality and safe products. The company's strategy revolves around sustainability, committing to developing eco-friendly and responsible mining solutions. Orica seeks to strengthen customer relationships by understanding their specific needs and providing tailored solutions and technical support.

Company Snapshot

$3,779.63M

Revenue

12,000

Employees

1874

Founded

Australia

Headquarters

SWOT Analysis

Strengths

Strong domestic footprint
Diversified product portfolio
Strong distribution network
Wide geographical presence
Increasing year-on-year revenue
Global Leader in Mining and Civil Solutions
Extensive Expertise in Blasting and Explosives
Diverse and Specialized Product Portfolio

Weaknesses

Limited product development
Dependence on domestic market
Environmental prosecutions, for instance, the company paid USD 50,000 for releasing approximately 330 kg of ammonia in water bodies
Potential Volatility in Raw Material Costs
Safety and Environmental Risks in Operations

Opportunities

Strategic partnerships with the global players offering advanced technologies in blasting operations
Business expansion in overseas markets
Technological Advancements in Blasting and Mining Technologies
Focus on Digitalization and Data Analytics for Enhanced Efficiency

Threats

High inflation and construction slowdown in global market
Intense competitive pressure
Intense competition from leading players
Intense Competition in Mining and Explosives Industry
Regulatory and Compliance Challenges in Different Regions

Key Developments

Date	Approach	Development
September 2021	Product Launch	Orica had launched 4D bulk explosives technology at MINExpo, Las Vegas. The 4D bulk explosives technology will enable Orica’s customers to seamlessly match a greater range of explosives energy in mining and target specific blast outcomes in real-time.
November 2020	Product Launch	Orica and Epiroc developed Avatel semi-automated explosives delivery system. Orica and Epiroc announced their collaboration in November 2019. The Avatel prototype, which is undergoing trials, is expected to be commercially ready by the end of 2021.
February 2018	Product Launch	Orica announced the introduction of the new Bulkmaster 7 Mobile Manufacturing Unit (MMU). Bulkmaster 7 is an explosives delivery system designed to improve reliability, stability, safety and increase total bulk explosives product holding capacity of up to 20.9t of Fortan and 22.5t of Fortis.
February 2020	Acquisition	Orica acquired Exsa, a leading manufacturer and distributor of industrial explosives in Peru, to expand its global footprint.

Product Offering

Orica Limited
- Blasting
- Mining Explosives Market
- Mining Chemicals
- Mining Chemicals

Financial Performance

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