Orica acknowledges the recent Federal Court decision, in which, at first instance, Orica has successfully defended the validity of four key patents underpinning Orica’s WebGen™ technology. Additionally, Orica successfully proved that three of those patents were infringed upon by the counterparty’s technology.

This positive outcome demonstrates Orica’s unwavering commitment to developing leading productivity and safety technologies for customers and its determination to vigorously defending its intellectual property rights.

Orica President – Digital Solutions and Chief Technology Officer, Angus Melbourne said:

We are committed to providing customers with the most advanced innovations in mining and infrastructure technology, ensuring their operations are safe, efficient and deliver productivity outcomes, while safeguarding our technology investments and intellectual property rights.

As this matter is ongoing, we refrain from further comment at this time.