QYR Market Research Global Mining Explosives Market Research | Page 4

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Mining explosives, most based on ammonium nitrate and in the form of bulk or packaged
types, are widely used in mines, quarrying and nonmetal mining as well as metal mining.
Many coal mines use explosives to loosen the rock and coal. In surface mining, holes are
drilled through the overburden, loaded with explosives, and discharged, shattering the
rock in the overburden. In one underground mining method, the coal is blasted off the
bed without any undercutting to help break it down. Actually, coal mine is the largest
consumer of mining explosives, which held about75% market share.
Orica is the largest manufacturer of mining explosives. With manufacture facilities
located in the important mining regions, the company has become a key player and has
footprints in many countries. The company owns more than 20% share globally.