Orica Expands Portfolio Into Copper Chemistry with Danafloat™ Acquisition
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Orica has expanded into copper processing chemistry with the acquisition of the Danafloat™ product range from FMC Corporation.
Danafloat™ is a specialist range of high-performance collectors used in flotation of copper and other future facing commodities to maximize ore recovery, enhance concentrate quality and minimize environmental impacts. The acquisition includes proprietary formulation intellectual property, inventory, branding, and existing customer relationships.
The acquisition expands Orica’s Specialty Mining Chemicals portfolio beyond its world leading position in sodium cyanide for the gold industry, to the processing of sulphide ores, including copper and other future facing commodities, which are exposed to growth from electrification, urbanization, and artificial intelligence. With Orica’s strong exposure to copper in blasting and digital solutions, Danafloat™ provides significant cross selling synergies.
Danafloat™ has an established mining industry customer base across Europe, Middle East, Africa, and Latin America. Orica’s global footprint creates further opportunity to scale beyond these regions.
“Danafloat is a strategic acquisition that strengthens Orica’s Specialty Mining Chemicals portfolio and advances our customer offering to the mining sector. It expands our presence in copper processing, an increasingly important market driven by electrification, artificial intelligence and the energy transition,” said President, Orica Specialty Mining Chemicals, Andrew Stewart.
“Customers want increasingly specialist chemistry that is ore body specific for maximum recovery, enhanced concentrate quality and circuit stability. By combining Danafloat’s specialty reagents with Orica’s deep domain expertise, our expanded OptiOre range helps customers optimize their processing circuits and deliver more consistent outcomes and greater value,” added Stewart.
Danafloat™ delivers flotation solutions to the global mining industry, focusing on the recovery of valuable base metal minerals including copper, zinc and lead. Danafloat™ has an established presence across the critical mining jurisdictions of the Middle East and Latin America and provides high-performance dithiophosphate reagents supported by technical service to help improve mineral processing efficiency.
Orica is one of the world’s leading mining and infrastructure solutions providers. From the production and supply of explosives, blasting systems, specialty mining chemicals, and geotechnical monitoring to its cutting-edge digital solutions and comprehensive range of services, they sustainably mobilize the earth’s resources. Operating for more than 150 years, today their 14,000+ global workforce supports customers across surface and underground mines, quarry, construction, and oil and gas operations.
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