Dyno Nobel’s decarbonisation capability helps secure Fortescue contract
Incitec Pivot Limited’s Dyno Nobel will extend its supply relationship with Fortescue, with the two parties agreeing to a long-term extension that will see Dyno Nobel continue providing explosives technology and collaborating on key decarbonisation projects to assist Fortescue reach its ‘Real Zero’ goal.
A key focus of the new agreement is an innovative technology alliance. As part of this, Dyno Nobel will invest $5 million in new technologies to support Fortescue’s decarbonisation efforts within drill and blast.
The new agreement will apply across Fortescue’s Pilbara operations.
Dyno Nobel Asia Pacific President Greg Hayne said: “We’re incredibly proud of our relationship with Fortescue who are at the forefront of efforts to decarbonise the mining industry.
“The agreement will see us ramp up our decarbonisation efforts which will include conversion of our MPU fleet to renewable energy sources and investigating the use of lower carbon footprint, bio-fuel based explosives,” Mr Hayne said.
“This is about providing our customers with technology solutions that lower our carbon footprint and, in turn, theirs.”
Fortescue Metals CEO Dino Otranto said: “We’re looking forward to continuing our successful partnership with Dyno Nobel, which will deliver blasting services as well as provide new technologies to help us achieve our industry leading target of Real Zero emissions across our Australian iron ore operations.”
The agreement will provide Fortescue with the opportunity to benefit from Dyno Nobel’s commercialisation of a reduced GHG emissions DIFFERENTIAL ENERGY® solution, an explosives method that tailors the energy delivered to different rock layers within a blasthole and across a blast. The efficiencies generated through the use of DIFFERENTIAL ENERGY reduce both overall mining costs and emission volumes for customers. The reduced emissions solution can reduce Scope 1 emissions by up to 25% in normal blasting circumstances.
Mr Hayne said that since Dyno Nobel’s DIFFERENTIAL ENERGY technology was introduced to the Australian market in 2018 it has provided customers with production and environmental benefits.
“Fortescue has already seen the technology deliver value at their Iron Bridge operations, one of the first sites in Australia to fully benefit from DIFFERENTIAL ENERGY and the results have been very positive.
“We are now pleased to be increasing these advantages via a reduced emissions offering. It is just another example of our technology innovation happening on the ground,” Mr Hayne said.
He said Dyno Nobel’s technology development aligned with Fortescue’s vision.
“We are looking forward to continuing our successful partnership with Fortescue which has evolved into finding innovative and sustainable solutions for the future by working together.”
Background
Under the new agreement, Dyno Nobel will supply its explosive products and services to all of Fortescue’s Pilbara mining operations: Cloudbreak, Christmas Creek, Solomon, and Eliwana; excluding Iron Bridge which Dyno Nobel supplies under a separate contract.
About Dyno Nobel
Dyno Nobel is a global leader in blasting technology, commercial explosives and blasting services. With a history dating back to the pioneering work of its founder Alfred Nobel, Dyno Nobel was founded on the principles of innovation, safety, and excellence.
Dyno Nobel has a strong presence across six continents, including a global network of manufacturing facilities and distribution channels and delivers reliable, efficient, and sustainable solutions to customers across industries including mining, quarry and construction and oil and gas. The company's world-class people include some of the most highly recognised and experienced blasting technology engineers and blasters in the industry.
ENDS
For more information:
Debbie Guest
Group Corporate Affairs Manager
Tel:+61 455 745 639
Email: debbie.guest@incitecpivot.com.au