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OM Holdings Reclassified on ASX, Shifts Focus to Smelting and Marketing

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OM Holdings Reclassified on ASX, Shifts Focus to Smelting and Marketing

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An announcement from OM Holdings Ltd. ( (AU:OMH) ) is now available.

OM Holdings Limited has announced a change in its classification on the Australian Securities Exchange (ASX) from a ‘mining producing entity’ to reflect its evolved business focus on smelting, marketing, and exploration activities. This reclassification means the company will no longer submit quarterly production and market update reports, but will instead provide preliminary final and half-yearly reports. The company remains committed to transparent communication with stakeholders and will continue to provide updates on its operations.

More about OM Holdings Ltd.

OM Holdings Limited is a company involved in the smelting and marketing of manganese ferroalloys, ferrosilicon, silicon metal, and manganese sinter ore, primarily operating in Sarawak, Malaysia, and Singapore. The company also engages in the exploration and processing of manganese ore, focusing on processing existing stockpiles at its Bootu Creek mine in Australia.

Average Trading Volume: 66,596

Technical Sentiment Signal: Sell

Current Market Cap: A$229.3M

See more data about OMH stock on TipRanks’ Stock Analysis page.

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