Highlights

  • WebGen passed 500,000 primers fired globally in February 2026, reflecting broader use of Orica's wireless blasting technology.
  • Orica reported first-half 2026 EBIT of $512.0 million and NPAT before significant items of $283.1 million.
  • Digital Solutions continued to record increasing adoption and Recurring Revenue growth during the first half of 2026.
  • The company launched the next generation of FRAGTrack in September 2026 to provide fragmentation intelligence closer to operating decisions.
  • Orica ended the first half with Leverage of 1.53x and declared an Interim Dividend of 28.5 cents per share.

Orica Limited (ASX:ORI) is a global Mining and infrastructure solutions company operating across blasting solutions, digital solutions and specialty mining chemicals in more than 100 countries. Its 2026 disclosures place technology adoption at the centre of the operating story, with milestones in wireless blasting, digital mine intelligence and financial performance providing a clearer view of how its integrated portfolio is developing.

WebGen Reaches a New Global Milestone

On 18 February 2026, Orica reported that more than 500,000 WebGen primers had been fired globally. The patented wireless initiating system removes downlines and surface wiring, allowing mines to redesign blast sequences and reduce the need for personnel to re-enter higher-risk areas between blasts. The milestone indicates continued commercial adoption across both underground and surface mining environments.

The 2026 update is relevant because WebGen sits within Orica's broader Blasting Solutions offering rather than operating as a stand-alone technology product. Orica combines explosives, initiating systems and digital tools, allowing customers to integrate blast design, execution and monitoring across a single workflow.

Digital Solutions Extends Its Role in Mine Intelligence

Orica's first-half Business update, released on 10 March 2026, stated that adoption of its digital offerings and recurring revenue continued to increase. The company also cited cross-selling across the portfolio as a contributor to activity in Digital Solutions. This segment spans orebody intelligence, blast design and execution, mine-to-mill applications and geotechnical monitoring.

Technology development continued later in the year. On 8 September 2026, Orica Digital Solutions announced a next-generation FRAGTrack platform designed to provide fragmentation intelligence closer to operational decision-making. Fragmentation data can inform loading, hauling, crushing and processing decisions, linking digital measurement with Downstream mining performance.

First-Half 2026 Financial Position

For the half year ended 31 March 2026, Orica reported EBIT of $512.0 million and NPAT before significant items of $283.1 million. Statutory net loss after tax was $0.6 million after significant items. Net Operating Cash Flow was $230.6 million, while leverage excluding leases stood at 1.53x.

The board declared an unfranked interim dividend of 28.5 cents per share. Orica also reported Return on Net Operating Assets of 14.7% for the first half. These figures provide financial context for the company's continued Investment in technology, product development and portfolio expansion during 2026.

Key Insights

Orica's 2026 disclosures show a business using technology across both physical blasting systems and digital mine-management tools. WebGen's global usage milestone and continued Digital Solutions adoption indicate that the company is extending its role beyond traditional explosives Supply toward integrated mining technology and data services. Financially, first-half earnings, cash flow and leverage provide a measurable backdrop for assessing how that strategy is progressing through the remainder of 2026.