The effect of heating rate on the thermal behavior of ammonium nitrate (AN) and on the kinetic parameters of decomposition of AN and its blends with limestone and dolomite was studied on the basis of commercial fertilizer-grade AN and several Estonian limestone and dolomite samples. Experiments were carried out under dynamic heating conditions up to 900 °C at heating rates of 2, 5, 10 and 20 °C min−1 in a stream of dry air using Setaram Labsys 2000 equipment. For calculation of kinetic parameters, the TG data were processed by differential isoconversional method of Friedman. The variation of the value of activation energy E along the reaction progress α showed a complex character of decomposition of AN—interaction of AN with limestone and dolomite additives with the formation of nitrates as well as decomposition of these nitrates at higher temperatures.