Australia's Orica climbs to near 2-month high after company secures ammonium nitrate supply
28/09/2026 02:37
BUZZ-Australia's Orica climbs to near 2-month high after company secures ammonium nitrate supply ** Shares of Australia's Orica ORI.AX rise as much as 2.3% to A$23.37, their highest level since August 10
** The commercial explosives supplier says it has sourced ammonium nitrate supply for contracted customers in North America for FY27
** Company does not expect material impact on margins in FY27 as a result of logistics cost optimisation, cost-out initiatives and customer arrangements
** YTD, stock down nearly 4%
(Reporting by Aamir Sheik Khalid in Bengaluru)
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