OM Holdings Limited (ASX Code: OMH) is an independent, internationally diversified minerals group with its primary focus on expanding its fully integrated manganese business. Its international operations currently comprise a successful Singapore based metals marketing business supported by a manganese mine in Australia and a ferro alloy processing facility in China.
The key objectives underpinning OMH’s fully integrated international manganese business incorporate contributions by the following three business segments:
- the mining of manganese at the 100% owned Bootu Creek Project, located in the Northern Territory of Australia. It has high value in use for siliceous and sinter feed grade ore and is uniformly low in contaminant phosphorous and the operation has no logistical constraints being in close proximity to rail and road links to the Port of Darwin. It has a 1 Mtpa production capacity and a mine life of 13 years, based on mineral resources.
- the production of manganese ferro alloys at a furnace complex located at Qinzhou in Guangxi Province, south west China. This is a pivotal region for ferro alloy smelters and ore distribution at Qinzhou. This site, adjacent to a port development, was chosen for its excellent transport logistics and competitive power costs. It has a 50 Ktpa High Carbon Ferro Manganese capacity and a new 300 Ktpa sinter plant with expansion plans to double its capacity; and
- the trading of manganese ore and alloys. OMH through its trading division OM Materials has a highly experienced China focused marketing and trading team based in Singapore and has developed a profitable Manganese ore and alloy trading business. It has developed a China specific logistics and distribution capabilities and enjoyed a more than 10% market share of Manganese ore import into China. The sale of its equity production to the global steel industry includes third party trading of Manganese and Chrome Ore/ Alloys and Iron Ore.
OMH and its business units aim to continue to build upon the expertise and relationships forged by its key management team particularly within the expanding economy of the People’s Republic of China, thereby fulfilling its market niche in the specialised metal materials market.