- In March 2023, Clariant, a Swiss multinational specialty chemicals company, announced its plan to expand the production of mining chemicals in Indonesia. The expansion is expected to strengthen Clariant’s presence in the Asia-Pacific region, particularly in Indonesia, a key market for mining chemicals. This growth will enhance the company's ability to support the increasing demand for efficient and environmentally friendly chemical solutions in the global mining sector, particularly in mineral extraction and processing activities
- In November 2023, AECI, a South Africa-based company, outlined its strategic objectives to secure its position as one of the top three integrated providers of mining explosives and chemical solutions by 2030. This ambitious goal reflects AECI's commitment to expanding its market share and strengthening its portfolio of mining chemical products. By focusing on innovation, sustainability, and customer-centric solutions, AECI aims to play a pivotal role in the global mining chemicals market, which continues to experience increased demand for efficient and environmentally responsible solutions in mining operations
- In November 2023, Brazil announced an investment of over USD 50.4 billion in natural resources projects, with a focus on the mining sector, over the next decade. This significant influx of capital is anticipated to drive increased demand for caustic soda in the medium term, as the country’s mining industry continues to expand. The growing investments in Brazil’s mining projects highlight the country’s crucial role in the global mining chemicals market, with caustic soda being an essential chemical in ore processing and mineral extraction
- In February 2024, Orica Limited announced the acquisition of Cyanco, a U.S.-based company primarily serving the gold mining industry. This strategic acquisition is aimed at enhancing Orica’s mining chemicals division, strengthening its capabilities in providing essential chemical solutions for mineral extraction. This move reflects the increasing consolidation within the mining chemicals market, as companies strive to meet the evolving needs of the mining industry worldwide
- In November 2023, Nalco Water, an Ecolab business, announced the acquisition of Flottec, a leading provider of flotation products and services for the mineral processing industry. This acquisition is designed to enhance Nalco Water's sales and service capabilities in key markets, enabling the company to better address the evolving needs of its mineral processing customers. This move reflects the growing demand for advanced, efficient, and sustainable chemical solutions in the mining industry
