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The latest update is out from OM Holdings Ltd. ( (AU:OMH) ).
OM Holdings Limited has completed the sale of its subsidiary OMH (Mauritius) Corp’s 26% interest in Ntsimbintle Mining Proprietary Limited to Exxaro Resources for a final cash consideration of ZAR 1.95 billion, or about US$120 million. The deal, which became unconditional in late January and closed on 27 February 2026, results in OMH’s exit from its effective 13% interest in South Africa’s Tshipi Borwa manganese mine while it continues collaborating with Exxaro on marketing Tshipi manganese ore.
The transaction strengthens OMH’s balance sheet with a substantial cash inflow and marks a strategic shift away from direct equity participation in the Tshipi Borwa operation. By retaining a role in the marketing of Tshipi’s manganese ore alongside Exxaro, OMH preserves its commercial footprint in the manganese supply chain despite divesting its stake in the underlying mining asset.
The most recent analyst rating on (AU:OMH) stock is a Sell with a A$0.24 price target. To see the full list of analyst forecasts on OM Holdings Ltd. stock, see the AU:OMH Stock Forecast page.
More about OM Holdings Ltd.
OM Holdings Limited is an Australian- and Malaysia-listed resources company focused on the manganese and ferroalloy sector. Through its subsidiaries, it participates in mining, processing and marketing of manganese ore and related products, with a notable presence in southern African manganese assets and associated global marketing arrangements.
Average Trading Volume: 96,178
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$198.7M
For a thorough assessment of OMH stock, go to TipRanks’ Stock Analysis page.