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Orica and Fertiberia announce low-carbon Technical Ammonium Nitrate (TAN) collaboration for blasting solutions in the mining and civil infrastructure
21 Sep 2023 11:00 CEST
MEDIA RELEASE
21 September 2023
Subject: Orica and Fertiberia announce low-carbon Technical Ammonium Nitrate
(TAN) collaboration for blasting solutions in the mining and civil
infrastructure
Orica (ASX: ORI) and Fertiberia have announced a collaboration to bring
low-carbon Technical Ammonium Nitrate (TAN) to customers interested in
sustainable blasting solutions in the region. This innovative approach is part
of both organisations’ commitment to utilising and developing cleaner
alternative products and supporting the energy transition, together.
At the EFEE conference in Dublin, Orica and Fertiberia signed a memorandum of
understanding to work together to explore solutions to bring low-carbon TAN,
produced by Fertiberia in a pioneering way with green hydrogen to replace
natural gas, to the mining and civil infrastructure markets across Europe,
Middle East, and Africa. The collaboration aligns with both organisations’ net
zero sustainability ambitions, and wide-ranging customer benefits are expected
to be realised through two leading players in their respective industries
working together.
Across its various uses, the demand for TAN is expected to continue to grow
steadily into the future. Low carbon TAN has the potential to transform the
industry, as it provides a more sustainable and efficient solution to
traditional TAN.
Javier Goñi, CEO Fertiberia, commented: “This is a unique collaboration in
Europe. We are the first company to produce low-carbon TAN on an industrial
scale from green hydrogen – instead of natural gas – in Europe and the world.
The collaboration with Orica shows us that we are on the right track to lead an
initiative that demonstrates nowadays what the industry of the future will look
like. Our collaboration will be an important development in the worldwide effort
to become as sustainable as possible.”
Orica President for Europe, Middle East and Africa James Bonnor said: ”This is
another step towards achieving our sustainability goals and collaborating for
progress with like-minded organisations. For the first time, low-carbon TAN for
use in the mining and civil infrastructure industries will ensure operations are
more sustainable into the future, and we’re excited for this next chapter and
supporting our customers overall ESG goals. We believe the combination of
technology, decarbonisation, and sustainability will drive the next phase of
growth for Orica and the entire industry.”
## ENDS ##
ORICA MEDIA CONTACT
Andrew Valler
Head of Communications
Mobile: +61 437 829 211
Email: andrew.valler@orica.com
Website: www.orica.com
ABOUT ORICA
Orica (ASX: ORI) is one of the world’s leading mining and infrastructure
solutions providers. From the production and supply of explosives, blasting
systems, mining chemicals and geotechnical monitoring to our innovative digital
solutions and comprehensive range of services, we sustainably mobilise the
earth’s resources.
Operating for nearly 150 years, today our 12,000+ global workforce supports
customers across surface and underground mines, quarry, construction, and oil
and gas operations.
Sustainability is integral to our operations. We have set an ambition to achieve
net zero emissions by 2050 and are committed to playing our part in achieving
the goals of the Paris Agreement.
Find out more about Orica: orica.com
CONNECT WITH ORICA ON SOCIAL MEDIA
www.twitter.com/oricalimited
www.youtube.com/orica
www.linkedin.com/company/orica
FERTIBERIA MEDIA CONTACT
Rocío Domínguez Ruiz de Castro
Head of Communications
E-mail: rocio.dominguez@fertiberia.es
Website: www.fertiberia.com/en/
ABOUT FERTIBERIA
Fertiberia, a Group made up of 13 leading companies in the sector located in
Spain, France, Portugal, the Netherlands, Sweden, and Greece and more than 1,600
people, is a European benchmark in the crop nutrition and industry sector, as
well as a pioneer in the production of green hydrogen and green ammonia in the
EU to decarbonise agriculture and other sectors such as industry and transport.
It is also the first company in its sector to commit to achieving net zero
emissions by 2035. Fertiberia is owned by Triton Partners, a value-focused
Investor in the European mid-market that contributes to the building of better
businesses for the longer term. Triton supports Fertiberia’s growth to make
this Spanish company a leader in the fertilization of the future, making
manufacturing processes more efficient and environmentally friendly and enabling
farmers to obtain higher yields in the most sustainable way possible.
ABOUT TECHNICAL AMMONIUM NITRATE
Technical Ammonium Nitrate (TAN) or Low-Density Ammonium Nitrate (LDAN) is a
type of ammonium nitrate which has been manufactured using prilling techniques
to increase its oxygen content (approximately 60%). LDAN is widely used in the
mining industry as an oxidiser agent to produce Ammonium Nitrate Fuel Oil
(ANFO). ANFO is a mixture of LDAN (94%) and fuel (6%). Given that LDAN prills
are porous, the interstices in the prills allow an even mixture and absorption
of the fuel, which is key to ensure an effective detonation of the explosive.
More information:
Access the news on Oslo Bors NewsWeb site
Kilde
Fertiberia Corporate S.L.U.
Leverandør
Oslo Børs Newspoint
Company Name
Global Agrajes, S. 20/25 FRN EUR FLOOR C
ISIN
NO0010912801
Marked
Euronext Oslo Børs