News & Media
Update on Western Australia Business
14 Jun 2018
Melbourne: Orica (ASX: ORI) confirms it will continue to supply explosives products and services to FMG until the end of our existing contract term in December 2019. We note that as allowed under the terms of that contract, FMG will source a portion of their ammonium nitrate requirements from an external party from July 2018.
We expect the Burrup plant to be essentially loaded from 2020 onwards and do not expect any material change to our financial outlook in FY18 and FY19 and a minimal financial impact in FY20.
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