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Dyno Nobel Sells Phosphate Hill, Accelerates Focus on Explosives Growth

9:06am on Monday 9th of March, 2026 AEDT Materials
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Dyno Nobel Sells Phosphate Hill, Accelerates Focus on Explosives Growth

9:06am on Monday 9th of March, 2026 AEDT
Key Points
  • Binding agreement to sell Phosphate Hill fertiliser business to Mayfair
  • Nominal upfront payment with up to $100 million deferred consideration
  • Dyno Nobel to fund $125.9 million for asset retirement obligations
  • Explosives business delivering strong performance, on track for FY26 guidance
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