JP Morgan in IXOM box seat
Keppel purchased the company, originally spun out of Orica, in a $1.1bn deal in November 2018 from Blackstone. Now it is looking at its options.
Keppel purchased the company, originally spun out of Orica, in a $1.1bn deal in November 2018 from Blackstone. Now it is looking at its options.
BHP and Rio Tinto’s total carbon emissions were each around the total of the entire Australian nation, but well below Brazil’s Vale and Canada’s Teck.
Behind the scenes some are wondering whether mergers and acquisitions could be on Orica’s agenda.
High gas prices remain a problem for Australian manufacturers, with Orica moving to give itself new import options.
Stocks rally 1.9 per cent cent, led by mining and banking companies including BHP and Westpac. It was the best day in 10 months. S&P 500 and iron ore futures up, suggesting another strong US session.
Orica is said to be pushing on with the sale of its commercial explosives and blasting systems business Minova.
Former Orica boss Alberto Calderon will lead AngloGold Ashanti after a year of uncertainty at the gold major.
Dywidag Systems International, otherwise known as DSI, is believed to be circling Orica’s commercial explosives and blasting systems business, Minova.
Sanjeev Gandhi could be plotting his first big move as Orica CEO, with speculation of a bid for a sodium cyanide producer.
Australia’s explosives and fertiliser majors could face increased competition from Russian imports after the ditching of anti-dumping measures.
Pressure on India’s government in the face of the severe COVID crisis gripping the country poses fresh risks to Australia’s coal exports, says industry boss.
Australia’s share market suffered its biggest 3-day fall since January as US rate rise fears hit global markets, Xero disappointed on earnings and guidance and plunging iron ore miners knocked the big miners.
Last week Orica CEO Alberto Calderon followed the stream of high-ranking executives joining private equity firms or creating new ones.
Australia’s sharemarket followed Wall Street’s sharp fall as the ‘bondcano’ erupted, losing $51bn on Friday, with stocks like Afterpay and Orica tumbling.
It’s been the best earnings season in six years. The better-than-expected numbers have significantly changed expectations.
Orica names a successor to CEO Alberto Calderon as it cites China blacklists while slashing its earnings outlook.
Governments now have the political licence to spend unprecedented allocations of public funding and can take advantage of low interest rates.
Orica has called on the Morrison government to repair its fragile trade relationship with China.
Explosives giant Orica hopes US President-elect Joe Biden proves a ‘circuit breaker’ to the souring trade relationship between Australia and China.
We need to urgently increase productivity and stimulate private investment via fiscal policy, says Orica chief Alberto Calderon.
Original URL: https://www.theaustralian.com.au/topics/orica/page/3