Orica prepares for end of thermal coal with $559m software firm buy
Orica has bought a Canadian software group for $C505m ($559 million) to lure big-spending customers as the explosives and mining services giant prepares for the end of thermal coal mining in the next two decades.
Sanjeev Gandhi, Orica’s chief executive, is banking on Terra Insights to help serve a wave of government-funded projects in North America, Europe and Asia and establish mines vital for the end of fossil fuels.
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