Investors Mutual favours the explosives maker Orica – the top...

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    Investors Mutual favours the explosives maker Orica – the top player in the global market.It has high barriers to entry as you cannot easily ship explosives around the world, Tagliaferro says. The company has long-term contracts and continues to invest in research and development to remain in the forefront of technological advances.While some of its operations have been hurt by the COVID-19 pandemic due to the temporary shuttering of mines in other parts of the world and its earnings for 2020 will be affected, "we think the outlook is quite good for 20121 and 2022", he says.
 
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