Orica has announced that, parallel to its overarching goal of reaching net zero by 2050, has confirmed it will source 100% renewable electricity for its company-wide power by 2040. The newly announced goal adds depth to its existing target to reduce scope 1 and 2 GHG emissions by at least 40 per cent by 2030. Orica’s renewable electricity target will…
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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…
Read MoreGroundProbe opens geotechnical support center in Indonesia
Orica member group and geotechnical monitoring firm GroundProbe recently marked the relocation of its office, facilities and Geotechnical Support Service (GSS) centre to Balikpapan, Indonesia to better support growing needs in the region. View the full article on The Asia Miner.
Read MoreOrica to offload Minova
After executives alluded to the company’s intention earlier this year, Orica has confirmed it is selling off its Minova business to European investment firm Aurelius Group.
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