OM Holdings Ltd. (AU:OMH) has released an update.
OM Holdings Limited reported a notable increase in trading volumes for the third quarter of 2024, with a 12.7% rise in ores and alloys transactions due to heightened manganese ore volumes. Despite this, the company faced a decline in manganese ore and ferrosilicon prices, reflecting broader market corrections after earlier supply constraints. The company also made significant progress in its smelting operations, including the commissioning of a new silicon metal furnace.
For further insights into AU:OMH stock, check out TipRanks’ Stock Analysis page.
