Production rates across the operations have been in line with expectations and increased sales has reduced inventory levels from their peak to planned long-term levels. Financial performance has improved through an emphasis on business with higher value, more profitable products and the development of products with sound value propositions for customers that have attractive and sustainable financial metrics.

The focus has been on key areas which include production cost efficiency and optimisation and sales. With a high profile in Argentina and particularly in Salta province, Borax Argentina has a history of excellent environmental and safety records, and strong links to the community.ĭuring FY19 Borax has continued on a path of restructuring and transformation to become a sustainable operational and financial business unit. The company has a solid reputation as a reliable supplier of high quality products and has strong, long-term relationships with many of its key customers based on a proven track record in successfully meeting their needs within both the industrial and agricultural sectors. The mining operations are located in Tincalayu and Sijes. (Borax Argentina), a long established Argentine boron (or borate) minerals and refined chemicals producer, in August 2012 from Rio Tinto PLC.īorax Argentina has operated in the Salta-Jujuy region for over 50 years and its operations include two open pit mines, concentrators, refining capacity and significant land holdings.

Boron borax