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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Orica Limited | ASX:ORI | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.26 | -1.38% | 18.57 | 18.54 | 18.66 | 18.77 | 18.53 | 18.73 | 818,874 | 09:50:00 |
From May 2019 to May 2024
Orica Ltd. (ORI.AU) said Thursday it signed a heads of agreement with Yara International ASA (YARIY) and Apache Corp. (APA) to form a joint venture to build an ammonium-nitrate plant on the Burrup peninsula in Western Australia.
Final agreement is subject to board approvals and the concluding of engineering, procurement and construction contracts, Orica said in a statement to the Australian stock exchange.
The parties are targeting a mid-2012 start to construction work, and Orica would have a 45% interest in the joint venture, the explosives and chemicals maker said. The plant would produce 330,000 tons a year, Orica said.
By Shani Raja, Dow Jones Newswires; 61 2 8272 4683; shani.raja@dowjones.com
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