Orica secures supply amid Western Australian outage

Grafa
Orica secures supply amid Western Australian outage
Orica secures supply amid Western Australian outage
Heidi Cuthbert
Written by Heidi Cuthbert
Share

Global explosives giant Orica (ASX:ORI) is moving to reassure the market as it navigates a disruption at a third-party ammonia plant in Western Australia.

To maintain continuity for its mining and industrial clients, the company has tapped into its diversified international manufacturing network and existing inventories to secure alternative supplies of ammonia and ammonium nitrate.

While the Western Australian facility is not expected to return to full service until mid-May, Orica's East Coast operations have received a boost with the restart of the Kooragang Island plant in New South Wales on 1 April.

The company remains focused on mitigating customer impact as it awaits the restoration of the domestic supply chain.

At the time of reporting, Orica's share price was $20.41.

Perguntas frequentes

Conecte-se conosco

A Grafa não é um consultor financeiro. Você deve buscar aconselhamento independente, jurídico, financeiro, tributário ou de outra natureza que se relacione às suas circunstâncias únicas.

A Grafa não se responsabiliza por qualquer perda causada, seja por negligência ou de outra forma, decorrente do uso ou da confiança nas informações fornecidas direta ou indiretamente pelo uso desta plataforma.