Melbourne, Australia: Orica (ASX: ORI) a global leader in mining and infrastructure solutions, is excited to announce the launch of i-kon™ III Steel, the latest advancement in their renowned i-kon™ range of electronic detonators. For nearly 25 years, the i-kon™ electronic blasting system has been a trusted name in the industry, delivering safety and performance. The introduction of i-kon™ III Steel represents a significant upgrade, featuring a robust stainless-steel detonator shell designed to provide strength and durability.

Key enhancements of i-kon™ III Steel include:

• Superior Shell Strength: The new design provides improved detonator shell strength, maintaining the high standards set by the i-kon™ III detonator.
• Improved Dynamic Pressure: Significantly improves dynamic pressure resistance*.
• Improved Corrosion Resistance: The stainless-steel shell improves corrosion resistance, ensuring longevity and reliability.

I-kon™ III Steel retains all the functional and technical benefits that have made the i-kon™ III detonator a reliable choice in the industry. This latest upgrade is part of Orica's ongoing commitment to innovation, safety, and performance in blasting technology.

The i-kon™ III Steel upgrade will be rolled out globally (excluding Europe) starting with the i-kon™ Extreme wire range. A full conversion, including Standard and RX units, is expected to commence in 2025.

Rodney Williams, Vice President if Initiation Systems said

With i-kon™ III Steel, we are addressing the need for more resilient products that can withstand the harsh environments in which our customers operate. A safer operating environment for our customers together with reduced downtime and improved productivity is always at the forefront of our commitment to excellence.

For more information about i-kon™ III Steel and to learn how this upgrade can benefit your operations, visit orica.com/i-kon

*Footnote:

1. Compared to testing against the previous i-kon™ III bimetallic shell.
2. Results from testing to date indicate improvements in dynamic pressure resistance ranging from 15% to 60%

The i-kon™ III Steel logo.

Advancements in the detonator shell with i-kon™ III Steel will improve strength and performance.

Improve performance with i-kon™ III Steel. The stainless-steel shell is designed for harsh environments.