Orica acquires Axis Mining Technology for A$260M

Orica announced a binding agreement to acquire 100% of Axis Mining Technology, a digital orebody intelligence business, for A$260 million upfront cash consideration plus a deferred earn-out up to A$90 million. The acquisition aims to create a leading full-service Orebody Intelligence business.

“Orica is pleased to announce that it has entered into a binding agreement to acquire 100% of the share capital in the entities that own Axis Mining Technology for A$260 million in cash.”orica.com

• 1 source
• orica.comOrica announces strategic acquisition of digital orebody intelligence business Axis Mining Technology and equity raisingAug 3, 2022

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