Australia's Orica slips as ammonia plant outage hits production

ORICA

16/04/2026 04:28

** Shares of Australia's Orica Ltd ORI.AX fall as much as 1.7% to A$20.3, their lowest level since April 7

** Stock set for a fourth consecutive session of losses, if current trend holds

** Explosive maker flags impact of outage at a third-party supplier's ammonia plant in Australia

** Says securing alternative ammonia and ammonium nitrate supply from current inventory and its global manufacturing and supply network

** Says mitigating impacts on its customers  until the ammonia plant resumes operations, estimates mid-May 2026 resumption

** YTD, stock down 15.9%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))