MELBOURNE, Australia,
May 22, 2013 /PRNewswire/ -- Apatit,
a subsidiary of one of world's leading fertilizer companies,
PhosAgro (MSX: PHOR) and Orica (ASX: ORI) have signed a landmark,
10-year contract to supply explosives and blasting services to
Apatit's mining facilities at Kirovsk situated in the Murmansk
Province in north west Russia.
The large Australian mining services supply contract for the
expanding Commonwealth of Independent States (CIS) market, will see
Orica supply up to 700,000 tonnes of bulk explosives over ten years
to Apatit servicing both open cut and underground mining
facilities.
Orica will work with Apatit in the construction of an ammonium
nitrate emulsion plant Apatit's mine site at Kirovsk. The contract
will involve the supply of up to 70,000 tonnes of explosives per
annum for ten years, as well as logistics and 'down the hole'
services.
Orica Executive Global Head Mining Services Craig Elkington
said: "Orica is delighted to have signed this landmark contract
with one of the world's leading phosphate producers. This
significant contract with a valued customer aligns well to Orica's
strategy of offering differentiated products and services through
reliable and secure supply points for an international customer
base."
"Through this agreement Orica has been able to deploy its
skills, technology and know-how to forge a strong commercial
long-term relationship with a global leader in the fast developing
CIS region," Mr Elkington said.
Apatit Techenicacal (Technical) Director Zvonar Andrey Yurievich
said: "The main priorities in production policy of Apatit OJSC are
ensuring stable production of apatite ore, optimised production
costs and guaranteed security, especially in blasting works. We
firmly believe that cooperation with Orica, a world leader in
production and application of emulsion explosives, will enable us
to achieve all of the above aims on the highest level."
"The established cooperation with Orica and the explosives
loading and blasting works which have begun in its framework in
underground conditions, Orica's professionalism and the impressive
standard and level of technologies which the company showed in this
have lead to the final decision of Apatit to dedicate itself to
full and comprehensive cooperation in production and application of
emulsion explosives. The ultimate goal of this, as we see it, is
maximum transfer of the full cycle of blasting both in open-cut and
underground conditions of Apatit to Orica's specialists. The steps
which we have made together up till now make us confident that our
joint work will be successful and fruitful," Mr Yurievich said.
The Apatit contract will increase the number of manufacturing
facilities Orica operates in Russia to seven where Orica is experiencing
growth in the emerging CIS market.
A delegation from PhosAgro and Apatit is visiting Australia to inspect some of Orica's
Australian east coast operations. The delegation will visit Orica's
ammonium nitrate emulsion facility at Kurri Kurri in the New South
Wales Hunter Region to see the technology and plant design that
will be mirrored in the new facility to be built in Russia.
Digital imagery of the Apatit delegation tour of Orica's is
available at AAP One image website:
http://multimedia.aapnewswire.com.au/Search.aspx?search=orica
Photo Captions:
(Left) Andrei Zvonar, Technical
Director, Apatit / (Right) Renaldo
Maras, General Director & Manager, Orica CIS
Russian delegates from company Apatit visit Orica's Technical
Centre and ANE plant in Kurri, NSW
Media contacts:
Orica: Simon Westaway,
GM Corporate Communications
M: +61 401 994 627
E: simon.westaway@orica.com
www.twitter.com/OricaLimited
PhosAgro: Timur Belov,
Press Secretary
Tel: +7 232-96-89, extension 26-52,
mobile +7 (929) 600-46-42
E-mail: pr@phosagro.ru
About PhosAgro and Apatit
PhosAgro (MCX: PHOR) is a global leading and fully integrated
Russian company producing fertilizer, phosphates and feed
phosphates. The holding company was established in 2001 and in the
2012 financial year generated revenues of RUB 105.3 billion. Its core line of business is
the production of phosphate-based fertilisers (as Europe's largest producer), the world's
largest producer of high-grade phosphate rock and a significant
producer of feed phosphates, nitrogen fertilisers and ammonia. The
company is based in Moscow,
Russia. PhosAgro's primary assets include its subsidiary,
Apatit, a company based in the Murmansk Region, which is engaged in
the extraction of apatite rock. Additional information can be found
at www.phosagro.com
About Orica Limited (ABN: 24 004 145 868)
Orica is a global company listed on the Australian Securities
Exchange (ASX). Founded in 1874 in Australia, Orica is:
- The largest provider of commercial explosives and blasting
systems to the mining and infrastructure markets
- A global leader in the provision of ground support in mining
and tunnelling, and the leading supplier of sodium cyanide for gold
extraction
- A supplier of general chemicals across a diverse range of
markets, including agriculture, building and construction, food and
beverage, pharmaceutical and personal care, plastics, pulp and
paper and water treatment industries
- A holder of a strong portfolio of manufacturing and
distribution assets strategically located across Australia, New
Zealand, Europe and the
CIS, Asia, Latin America and Africa which enables valuable supply chain
capabilities for Orica's customers.
Orica has operations in more than 50 countries with customers in
more than 100. The Company has a diverse workforce of over 15,000
people who originate from more than 130 nationalities. Additional
information can be found at www.orica.com
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