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Dyno Nobel Wins Long-Term Contracts With Peabody in the US and Australia

 

 

 October 3, 2024 - Dyno Nobel has secured two long term contract renewals with leading miner Peabody in Australia, and across its US operations.


Effective from January 2025 for five years, Dyno Nobel will provide its premium technology solutions manufactured locally in-country to multiple Peabody mine sites across the US and Australia.


The contract aligns with Dyno Nobel’s strategy to provide customers with industry leading services, technology, and supply chain security across their global footprint.


Greg Hayne, Dyno Nobel Asia Pacific President – and Dyno Nobel Americas President from October 2024 – said the contracts continued a decades long partnership between two businesses in the global mining industry.


“We’re delighted to continue our partnership with Peabody, one of the world’s premier mining companies, whose products support both energy and steel production,” Hayne said.


Both contracts are underpinned by Dyno Nobel’s ability to provide Peabody’s operations with cost certainty and reliable supply, thanks to our world class in-country manufacturing capability.


“We are able to safely and securely provide Peabody with domestically manufactured bulk explosives, protected from volatile global ammonia pricing,” Hayne added.


In the US, Dyno Nobel’s nitrogen assets are well positioned to supply Peabody’s US operating footprint, while in Queensland, Dyno Nobel’s Moranbah ammonium nitrate plant is strategically positioned in the Bowen Basin to produce the explosives products Peabody requires to extract coal.


“The products and services we will provide under these contracts will help drive productivity, safety, and sustainability benefits for Peabody,” Hayne concluded.