AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Markets CF Orica Settles Litigation With CF Industries And Expands U.S. Operations March 15, 2026 — 10:40 pm EDT Written by RTTNews.com for RTTNews -> (RTTNews) - Orica announced that it has signed an agreement with CF Industries Sales LLC and CF Industries Nitrogen LLC to settle litigation that began in October 2023. The settlement involves a payment of US$169.5 million to CF in the second half of fiscal year 2026, funded from existing cash and undrawn, committed bank debt facilities. The resolution was reached on a commercial basis, with no admission of liability by any party. Following this outcome, Orica said it will seek new long-term contracts for ammonium nitrate supply into its U.S. business, supplementing its global network to ensure a diversified and secure supply base. This move is aimed at supporting customers and driving profitable growth in a key region. Despite CF's claimed force majeure notice in November 2025 and the subsequent plant closure, Orica has successfully leveraged its global manufacturing and supply network to maintain uninterrupted customer supply. In addition, Orica has entered into an agreement with Nelson Brothers Inc., its current 50:50 joint venture partner, to acquire full ownership of Nelson Brothers LLC and Nelson Brothers Mining Services, LLC. Through this transaction, Orica will gain complete control of the joint ventures' U.S. explosives business, while Nelson Brothers will acquire the specialty chemicals business unit. Under the agreement, Orica will pay US$25 million to Nelson Brothers Inc. and retire US$48 million of existing debt in the explosives business. The transaction is expected to close in the second half of fiscal year 2026 and be earnings per share accretive in the first full financial year of ownership. Combined with the CF settlement, the deal is highly synergistic, with an anticipated EBIT uplift of around A$35 million per annum once fully integrated, alongside further revenue growth and cost synergies. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tags Markets RTTNews Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges. More articles by this source -> Stocks mentioned CF OCLDF More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.