Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Orica Limited    ORI   AU000000ORI1

ORICA LIMITED

(ORI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Orica : launches underground blast design software to boost productivity and reduce costs

share with twitter share with LinkedIn share with facebook
share via e-mail
01/21/2020 | 10:21am EST

Melbourne - Orica (ASX: ORI), the world's largest manufacturer of commercial explosives and innovative blasting systems, today announced the release of its new blast design and modelling software for underground mining applications, SHOTPlus Underground.

Since its original launch, SHOTPlus has grown to be the mining industry's leading drill and blast software solution around the world. Following successful trials by Orica's technical services teams, the new SHOTPlus Underground blast design and modelling software is designed specifically for advanced underground blast design and complex blasting scenarios.

Orica Global Digital Products Senior Manager, Angelo Labriola, describes the new software, saying 'The latest SHOTPlus Underground has been fully re-written and is now the premier blast design package for the underground mining sector.'

'Designing, analysing and visualising in 3D has never been easier, ring to ring and hole to hole interactions and overall blast dynamics are at your fingertips, allowing users to optimise and maximise output, benefit and results.'

Underground production blasting typically requires geometrically complex ring patterns. Optimising the explosives loading and initiation design and producing clear instructions to blasting crews requires a specialised software solution.

SHOTPlus Underground is designed to meet the discrete needs of underground mining applications, delivering an improved interactive 3D environment and enhanced visualisation as well as Quality Assurance/Quality Control (QA/QC) tools to allow engineers to identify the most efficient blast design to ensure the required outcome. The new set of features and tools also allows for easy adjustment of blast designs and rapid comparison of different scenarios.

'The ability to seamlessly adjust, visualise and optimise underground blast loading designs and timing allows users to efficiently design blasts, irrespective of complexity. It also enables the necessary analysis to optimise the performance of blast designs with Orica's electronic initiation systems, dramatically cutting down the time required to produce loading and timing instructions for blast crews.' Labriola said.

Direct integration with Orica's electronic initiation systems ensures that the blast design process flows seamlessly, with Orica's product suite, delivering enhanced accuracy and efficiency whilst ensuring the integrity and safety of the process.

Contact:

Andrew Valler

Tel: +61 437 829 211

Email: andrew.valler@orica.com

Web: www.orica.com

(C) 2020 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ORICA LIMITED
02/27ORICA LIMITED : - Orica Share Purchase Plan
AQ
01/21ORICA : launches underground blast design software to boost productivity and red..
AQ
2019ORICA : and Epiroc partner to deliver blast automation
AQ
2019EPIROC : and Orica partner to automate explosives charging
AQ
2019ORICA LIMITED : Ex-dividend day for final dividend
FA
2019ORICA LIMITED : - Continued momentum in profitable growth
AQ
2019ORICA LIMITED : - Retirement of Director
AQ
2019ORICA : Expects Earnings to Rise Again This Fiscal Year
DJ
2019ORICA LIMITED : - Retirement of Director
AQ
2019ORICA : Morgan Stanley rates ORI as Equal-weight
AQ
More news
Financials (AUD)
Sales 2020 6 206 M
EBIT 2020 713 M
Net income 2020 407 M
Debt 2020 1 434 M
Yield 2020 3,02%
P/E ratio 2020 18,8x
P/E ratio 2021 16,9x
EV / Sales2020 1,52x
EV / Sales2021 1,43x
Capitalization 8 010 M
Chart ORICA LIMITED
Duration : Period :
Orica Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORICA LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 21,92  AUD
Last Close Price 19,80  AUD
Spread / Highest target 26,3%
Spread / Average Target 10,7%
Spread / Lowest Target -14,1%
EPS Revisions
Managers
NameTitle
Alberto Calderon Chief Executive Officer, Executive Director & MD
Malcolm William Broomhead Chairman
Christopher Roger Davis Chief Financial Officer
Maxine Nicole Brenner Independent Non-Executive Director
Gene Thomas Tilbrook Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ORICA LIMITED-9.92%5 203
LINDE PLC-10.28%101 713
AIR LIQUIDE-2.61%63 730
SAUDI BASIC INDUSTRIES CORPORATION-1.50%62 933
AIR PRODUCTS & CHEMICALS-6.55%48 463
THE SHERWIN-WILLIAMS COMPANY-11.45%43 301