Orica announced recently it has evolved into copper processing chemistry with its acquisition of the Danafloat product range from FMC Corporation.
Danafloat, a specialist range of high-performance collectors used in the floatation of copper and other future-facing commodities to maximise ore recovery, enhances concentrate quality and minimizes environmental impacts.
The acquisition includes proprietary formulation intellectual property as well as inventory, branding, and the company’s existing customer relationships.
The takeover expands Orica’s Specialty Mining Chemicals portfolio beyond its position in sodium cyanide for the gold industry, to the processing of sulphide ores, including copper and other future-facing commodities, which are exposed to growth from electrification, urbanisation and artificial intelligence. With Orica’s strong exposure to copper in Blasting and Digital Solutions, Danafloat provides significant cross-selling synergies.
Danafloat also has an established mining industry customer base across Europe, the Middle East and Africa (EMEA) and Latin America (LATAM). Orica’s global footprint creates further opportunity to scale beyond these regions.
“Danafloat is a strategic acquisition that strengthens…[our] portfolio and advances our customer offering to the mining sector,” said Andrew Stewart, president – Specialty Mining Chemicals, Orica.
It also expands Orica’s presence in copper processing, an increasingly important market driven by electrification, artificial intelligence and the energy transition, he noted.
“Customers want increasingly specialist chemistry that is ore body specific for maximum recovery, enhanced concentrate quality and circuit stability. By combining Danafloat’s specialty reagents with Orica’s deep domain expertise, our expanded OptiOre range helps customers optimise their processing circuits and deliver more consistent outcomes and greater value,” Stewart concluded.
Source: Orica