N.A.N. GreenMet and Enaex S.A. have entered into a joint venture to manufacture industrial explosives and provide precision blasting services for India's infrastructure, mining and quarrying sectors.

The companies said the venture will produce emulsion explosives, electronic detonators and rock fragmentation solutions for applications including tunnelling, construction, limestone mining, quarrying and ferrous and non-ferrous metal mining.

The partnership combines Enaex's blasting technology with N.A.N. GreenMet's presence in India's industrial sector. The companies said the business will focus on supplying blasting products and services for infrastructure projects and mining operations across the country.

Demand for industrial explosives has increased alongside the expansion of highways, railways, tunnels, mining projects and other large infrastructure developments. The joint venture will target these sectors by offering blasting systems designed for industrial applications.

Enaex, a subsidiary of the Sigdo Koppers Group, has operated in the explosives industry for 105 years. The company operates 20 production plants and 114 on-site service plants worldwide, supported by a fleet of 461 factory-built trucks. Its products are exported to more than 40 countries across five continents.

N.A.N. GreenMet, founded by Vedanta Vice Chairman Navin Agarwal, is involved in manufacturing businesses linked to battery recycling, critical minerals, rare earth permanent magnets and precision blasting.

Navin Agarwal said the partnership is intended to strengthen precision blasting capabilities for India's infrastructure and mining sectors by combining international technology with local execution.

Enaex Chairman Juan Eduardo Errázuriz said India is an important market for the company's international business. He said the venture would bring together Enaex's blasting technology and safety standards with N.A.N. GreenMet's operational experience in India.

According to the companies, the joint venture will initially focus on supplying emulsions, electronic detonators, rock fragmentation products and blasting services to infrastructure, quarrying and mining projects. No investment value, production capacity or project timeline was disclosed.