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ORICA LTD UNSP/ADR - OCLDY STOCK NEWS

Welcome to our dedicated page for ORICA UNSP/ADR news (Ticker: OCLDY), a resource for investors and traders seeking the latest updates and insights on ORICA UNSP/ADR stock.

ORICA LTD UNSP/ADR (OCLDY) is a global leader in mining and infrastructure solutions. With a history of nearly 150 years, Orica provides explosives, blasting systems, mining chemicals, and geotechnical monitoring services. The recent acquisition of Terra Insights showcases Orica's commitment to innovation and growth in the industry. Orica's workforce of 12,500+ supports customers in various sectors such as surface and underground mines, quarry, construction, and oil and gas operations.

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Century Lithium has signed a non-binding MOU with Orica Specialty Mining Chemicals on January 16, 2025, for a potential multiyear offtake agreement of sodium hydroxide from the Angel Island project in Nevada. The agreement outlines a 5-year initial term with a right of first offer for an additional 5 years.

The collaboration aims to strengthen Nevada's manufacturing and mining sectors by establishing a local supply chain for membrane-grade sodium hydroxide. Century Lithium's patent-pending process for lithium extraction from claystone produces surplus sodium hydroxide as a byproduct, which is expected to contribute to low operating costs for the project's primary product, lithium carbonate.

The agreement represents the first of its kind for the Angel Island project and involves a significant portion of the surplus sodium hydroxide expected during early operations. Pricing terms will be determined in the definitive agreement.

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Trimble (TRMB) and GroundProbe, a division of Orica Digital Solutions, have announced a strategic collaboration to provide comprehensive slope stability monitoring solutions for mining operations. The partnership enables customers to purchase a complete monitoring portfolio through a single point of contact, streamlining the procurement process.

The collaboration integrates Trimble's monitoring solutions with GroundProbe's sensors and software, combining Trimble 4D Control™ with MonitorIQ® for enhanced data flow. Mining operators will benefit from simplified sourcing, deployment, and unified support from both companies' global networks.

This integration aims to provide customers with a more complete visualization of site conditions, improving decision-making on slope stability risks and site safety while enhancing operational efficiency in 24/7/365 mining operations.

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Vance Street Capital LLC (Vance Street) has signed a binding Sale and Purchase Agreement to sell Terra Insights to Orica (ASX: ORI) for CAD $505 million. Terra Insights is a leading global end-to-end sensor and data delivery technology platform, providing geotechnical, structural, and geospatial monitoring of critical assets in mining and infrastructure. The transaction is expected to close in the first half of 2024. Under Vance Street's ownership, Terra Insights has achieved double-digit organic growth since 2017, tripled revenue, and expanded margins. This marks the fifth realization for Vance Street Fund II.
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Cognizant has partnered with Orica to implement a digital platform for real-time monitoring and forecasting of greenhouse gas emissions as part of Orica's Net Zero strategy. This initiative supports Orica’s AUD 37 million (USD 27 million) Kooragang Island Decarbonization Project, aiming to achieve a cumulative reduction of 4.7 million tonnes of CO2e by 2030. Leveraging Orica's Microsoft Azure data lake, the platform will consolidate emissions data to enhance reporting and compliance. Both companies emphasize the growing need for sustainability in the resources industry, highlighting their commitment to reducing carbon footprints.

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UiPath (NYSE:PATH) partners with Orica (ASX: ORI) to enhance application testing and automation capabilities. This partnership positions UiPath as Orica's preferred technology partner for enterprise automation. Orica will utilize the UiPath Test Suite to improve its software testing processes, ensuring quality assurance without disrupting workflows. The initiative aims to migrate Orica's enterprise automation program to the UiPath platform by March 2023, driving efficiencies and minimizing costs associated with testing.

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FAQ

What is the current stock price of ORICA UNSP/ADR (OCLDY)?

The current stock price of ORICA UNSP/ADR (OCLDY) is $9.61 as of January 28, 2025.

What is the market cap of ORICA UNSP/ADR (OCLDY)?

The market cap of ORICA UNSP/ADR (OCLDY) is approximately 5.1B.

What does Orica do?

Orica is a global leader in mining and infrastructure solutions, providing explosives, blasting systems, mining chemicals, and geotechnical monitoring services.

How long has Orica been in operation?

Orica has a history of nearly 150 years.

What recent acquisition did Orica make?

Orica recently acquired Terra Insights, a global end-to-end sensor and data delivery technology platform.

What sectors does Orica support?

Orica supports customers across surface and underground mines, quarry, construction, and oil and gas operations.

How many employees does Orica have?

Orica has a global workforce of 12,500+.

What is Orica's commitment to sustainability?

Orica seeks to sustainably mobilize the earth's resources through its range of products and services.

Where is Orica headquartered?

Orica is headquartered in [insert location here].

What sets Orica apart in the industry?

Orica's long history, innovative solutions, and dedication to customer support set it apart in the mining and infrastructure sector.

What is Orica's vision for the future?

Orica aims to continue its growth and innovation to meet the evolving needs of the industry.

How can I learn more about Orica?

Visit Orica's official website at www.orica.com for more information.
ORICA LTD UNSP/ADR

OTC:OCLDY

OCLDY Rankings

OCLDY Stock Data

5.11B
454.14M
Specialty Chemicals
Basic Materials
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United States of America
East Melbourne