Tag Archives: Omnia Holdings

Omnia Holdings backs Hypex Bio non-nitrate explosive emulsions solution

Explosives and blasting, Mining services, Sustainable mining, Water management, , , , , , , ,

Omnia Holdings has announced a strategic partnership with Sweden-based Hypex Bio Explosives Technology and the acquisition of a minority equity stake in the company.

Hypex is at the forefront of innovative and sustainable civil explosives solutions and has developed a ground-breaking emulsion using hydrogen peroxide (HP), offering substantially enhanced environmental benefits compared with conventional products, the company says.

This collaboration marks a significant milestone for both Omnia and Hypex as it will notably enhance the ongoing development and commercial rollout of Hypex’s HP emulsion technology in key markets. Additionally, it provides Omnia, the parent company of global blasting solutions provider BME, with access to state-of-the-art technology.

Omnia, in conjunction with BME, has established a reputation for its dedication to innovation and market-driven product solutions. Extending its services across Africa, Australasia, North America and Brazil, BME offers cutting-edge products and services at every stage in the mining explosives and blasting solutions supply chain, using technology to maximise safety and minimise environmental impact.

Seelan Gobalsamy, CEO of Omnia, said: “Hypex is a good strategic fit for BME and aligns with Omnia’s sustainability and high-growth objectives, including pollution and CO2 reduction. Hypex has developed the first non-nitrate explosive emulsions in the market and reduced the carbon content by 90% over traditional sources. This technology has the potential to completely change the explosives supply industry.”

Ralf Hennecke, Managing Director of BME, said: “As one of the largest explosives and blasting solutions suppliers on the African continent, BME is pursuing a globalisation strategy which is optimally aligned to the sustainable, nitrate-free emulsion technology offered by Hypex.”

Hypex’s experience in rapid yet safe development cycles, combined with the company’s proven track record in commercialisation activities, will use the proceeds from this transaction to further strengthen the organisation and invest in accelerated growth.

Thomas Gustavsson, CEO of Hypex, said: “We are thrilled to announce the partnership with Omnia, and I am very happy to have not only an ideal investor on board but also a company whose culture is well aligned with ours. I foresee significant synergies and accelerated accomplishments as a direct result. The team and I are grateful for the hard work done by both sides to accomplish this deal.”

This partnership agreement aligns seamlessly with Omnia’s capital allocation framework of adding new revenue streams in future high-growth international markets while maintaining a diversified and cash-generative business, improving the group’s competitive advantage and resilience given anticipated market changes, and aligning with its sustainability journey, it says.

Gobalsamy concluded: “As a responsible industry leader, we are committed to sustainable innovation and the responsible use of chemicals for the health, safety and well-being of our planet and its people. Our partnership with Hypex strengthens our ability to develop and distribute eco-friendly products and technologies and is testament to our purpose of creating a greener and safer future for all.”

Protea Mining Chemicals develops world first copper-cobalt processing solution

Base metals, Metallurgy, Mineral processing, Mining industry recognition, Mining services, Sustainable mining, , , , , , ,

Diversified chemicals group, Omnia Holdings, reports its Protea Mining Chemicals division has become the first in its field – globally – to develop a solution that helps copper and cobalt mines reduce product contamination (improving metal purity levels) and maximise throughput in the solvent extraction (SX) process.

This pioneering solution took six years to develop and was carried out in partnership with chemicals manufacturers and copper and cobalt mining customers in the Democratic Republic of the Congo, Omnia said.

“Finding safer, more efficient ways to extract valuable resources and enhance profitability continues to be a priority in the mining sector – which has been particularly constrained by the impacts of the COVID-19 pandemic,” the company said.

“This discovery will extend the life of copper and cobalt mines and assist profitability. Protea Mining Chemicals is working closely with other mines to replicate this success in other regions.”

Michael Smith, Managing Director at Protea Mining Chemicals (pictured), said: “Over the past few decades, many unsuccessful attempts have been made by mining houses, global chemical manufacturers, as well as SX equipment and process engineers to address this issue of contamination. Needless to say, this has been a very challenging journey and we are delighted by what we have been able to achieve.”

The news comes hot on the heels of Omnia’s BME breaking the South African record for the largest electronic detonator blast.