Top Explosives Maker Orica: 'Proud' of A$604.5 million Ebit

The transcript discusses the impact of COVID-19 on Orica's global operations, highlighting the challenges faced and the resilience shown by the company. It covers the global demand for mining products, sustainability goals, and the role of technology in reducing carbon emissions. The conversation also touches on governance and industry challenges, emphasizing the importance of sustainable practices. Finally, it examines the resilience of supply chains during the pandemic, showcasing Orica's ability to adapt and maintain operations.

What was one of the main challenges Orica faced during the COVID-19 pandemic?

• Lack of demand for explosives

• Quarantines and stoppages in various regions

• Increased competition from new companies

• Shortage of skilled workers

How did Orica's revenue during the pandemic compare to previous years?

• It was 20% lower

• It was 9% lower

• It remained the same

• It increased by 5%

What is Orica's target for reducing greenhouse gas emissions by 2030?

• 30%

• 20%

• 50%

• 40%

What role does technology play in Orica's sustainability plans?

• It is not considered important

• It is used to increase production speed

• It is crucial for reducing the carbon footprint

• It is only used for marketing purposes

What is a significant challenge the mining industry faces according to the transcript?

• Shortage of raw materials

• Lack of technological advancement

• Decreasing global demand

• Governance and sustainability issues

What is a key factor in Orica's competitive advantage during the pandemic?

• Lower prices than competitors

• Robust supply chains

• Exclusive contracts with suppliers

• Innovative marketing strategies

How did Orica manage supply chain challenges during the pandemic?

• By sourcing from multiple locations

• By reducing production

• By increasing prices

• By hiring more staff