Orica Limited
(ASX:ORI) says it’s Newcastle plant is back up and running but the recent closures will cost the company about $90 million this financial year.
The explosives and mining services supplier was forced to shut the plant down last year following a chemical leak.
Orica says today ammonia production at Kooragang Island has resumed.
Despite the anticipated financial impact, the company expects still its 2012 financial year profit before one-off items will improve from the year before.
Orica posted a net profit of $663 million in the 2011 financial year.
