Orica has announced it is expanding into copper processing chemistry through the acquisition of the Danafloat product range from FMC Corporation.
The Danafloat consists of specialised collectors used in the flotation of copper and other commodities, aimed at improving ore recovery, enhancing concentrate quality and reducing environmental impacts.
In a news release, Orica said the acquisition includes proprietary formulation intellectual property, inventory, branding and existing customer relationships.
Orica said the move broadens its Specialty Mining Chemicals portfolio beyond its established position in sodium cyanide for the gold sector, extending its capabilities into sulphide ore processing, including copper and other commodities linked to electrification, urbanisation and artificial intelligence.
President of Orica Specialty Mining Chemicals, Andrew Stewart, described the acquisition as strategically significant for the company’s growth.
“Danafloat is a strategic acquisition that strengthens Orica’s Specialty Mining Chemicals portfolio and advances our customer offering to the mining sector,” Stewart said. “It expands our presence in copper processing, an increasingly important market driven by electrification, artificial intelligence and the energy transition.”
Orica noted that Danafloat has an established customer base across Europe, the Middle East and Africa, as well as Latin America, and said its global footprint presents opportunities to expand further into additional markets.
Stewart said demand for more tailored chemical solutions is increasing across the mining industry.
“Customers want increasingly specialist chemistry that is ore body specific for maximum recovery, enhanced concentrate quality and circuit stability,” he said.
“By combining Danafloat’s specialty reagents with Orica’s deep domain expertise, our expanded OptiOre range helps customers optimise their processing circuits and deliver more consistent outcomes and greater value.”
Orica said the acquisition also creates potential cross-selling opportunities, particularly given its existing exposure to copper through its blasting and digital solutions businesses.
The content of this article is based on information supplied by Orica Ltd. For more information, please refer to the official company announcement and communications from Orica. Please consult a licensed and/or registered professional in this area before making any decisions based on the content of this article.
