Orica goes for gold with chemical deal


Staff reporter

A$1 billion acquisition of US-based Cyanco adds to digital M&A

Orica is dipping deeper into the US$15 billion global specialty mining chemicals market through its circa-A$1 billion acquisition of US-based Cyanco.

ASX-listed Orica said Cyanco would double its sodium cyanide production to about 240,000 tonnes a year and significantly increase its exposure to the North American gold and silver mining industries.

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