METS

Dyno Nobel takes 50% of QNP

EXPLOSIVES manufacturer Dyno Nobel has entered into a share purchase agreement to boost its stake in a key Australian ammonium nitrate (AN) company to 50%.

Brad Ricks

Dyno Nobel will now have a 50% stake in Queensland Nitrates (QNP), which owns an ammonium nitrate plant located at Moura in central Queensland. The plant has the capacity to produce over 180,000 tonnes...

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