News & Media

Orica introduces Reindus Holdings as new local partner in South Africa

09 Apr 2014

Acting Orica GM for Africa, Dallas Wilkinson, with Reindus founder Leven Moodley and a colleague, examining equipment

_{Acting Orica GM for Africa, Dr. Dallas Wilkinson, with Reindus founder

Leven Moodley and a colleague, examining equipment.}

Orica (Orica Mining Services South Africa – OMSSA) has announced Reindus Holdings Pty Limited (Reindus) has taken a 25 per cent investment in its South African mining services operations, which includes explosives and ground support activities.

Reindus is a South African investment group with interests in the water, energy and mining services sector within South Africa and across the SADC region. The Reindus investment allows OMSSA to be recognised as fully Black Economic Empowerment (BEE) compliant in terms of the South African Mining Charter.

Orica is supporting the South African Mining industry whilst meeting local legislative requirements with respect to BEE through this new investment arrangement in OMSSA.

Orica’s General Manager Africa (Acting), Dr Dallas Wilkinson, has welcomed the investment by Reindus and said there were clear synergies between Orica and Reindus in their collective links within the local mining industry.

“The combination of our two groups will provide a formidable model that will support Orica’s growth in ground support and explosives in Africa. This will include Orica accessing a broader customer base within the South African mining market,” Dr Wilkinson said.

“Orica’s growing explosives base in Africa will also provide a platform for predicted ground support and mining chemicals expansion in the region. This venture demonstrates Orica’s commitment to growth in Africa, including positioning the company’s expanded presence in advanced explosives initiating systems in South Africa,” he said.

Reindus’ Managing Director, Mr Leven Moodley, said: “Reindus is delighted with this new partnership. Orica is well known for its world class safety standards for both employees and customers, and this gives us additional comfort that existing and new customers will be exposed to best available solutions for their mining operations as it relates to blasting and ground support.”

Reindus founder Leven Moodley with Acting Orica GM for Africa, Dallas Wilkinson