Orica to acquire Axis Mining Technology

Orica recently inked a binding agreement to acquire mining geospatial tool and instrument manufacturer Axis Mining Technology for A$260 million in cash. Orica officials said the addition of the company will fast-track its capabilities to back the new mineral discoveries needed for decarbonization. An addition to Orica’s Digital Solutions platform, it will also create a leading full-service orebody intelligence business…

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