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OM Holdings Ltd. ( (AU:OMH) ) just unveiled an update.
OM Holdings Limited reported its December 2024 quarterly production and market update, highlighting significant operational achievements and market performance. The company produced substantial amounts of ferrosilicon and manganese alloys, with a successful transition of silicon metal furnaces to optimize returns. OM Sarawak received recognition for sustainability efforts, and a loan repayment of US$12.4 million was made. In marketing and trading, a 9.2% increase in ore and alloy transactions was noted, despite a decrease in world crude steel production and fluctuating manganese ore and alloy prices.
More about OM Holdings Ltd.
OM Holdings Limited is a company operating in the mining and smelting industry, focusing on the production of ferrosilicon, manganese alloys, and manganese sinter ore. The company operates a smelter in Samalaju, East Malaysia, and a manganese mine in Bootu Creek, Northern Territory, Australia, with an emphasis on sustainable development and environmental stewardship.
YTD Price Performance: -8.11%
Average Trading Volume: 33,053
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$259.9M
For an in-depth examination of OMH stock, go to TipRanks’ Stock Analysis page.
