During the period, work continued on a number of growth projects including:
•The expansion of the ammonium nitrate plant at Kooragang Island, Australia.Demand for explosives in south eastern Australia continues to grow albeit at a slower rate than previously forecast. It is estimated that demand for ammonium nitrate in the South East region will exceed
current installed capacity by 100ktpa in 2015. It is planned that this supply shortage will be serviced by a 70ktpa capacity expansion to 500 ktpa. Approximately $40M will be spent installing a 10,000t nitric acid tank to supplement the existing nitric acid supply and release latent capacity within the AN plant. This expansion is a capital light, low-risk solution to meeting customer demand prior to the planned Kooragang Island expansion to 750ktpa. The additional
70ktpa capacity is scheduled to be commissioned by mid-2015.
• Construction of the ammonium nitrate plant at the Burrup Joint Venture in Pilbara, Western Australia (45% owned by Orica). The project design is largely complete and all major contracts have been awarded. Site construction is focused on civil works in preparation for modules that are due to start arriving on site in late 2013. The project is over 52% complete, with module fabrication 28% complete and site construction 30% complete. The project remains on time and budget with commissioning scheduled for mid to late 2015 calendar year