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OM Holdings Ltd. ( (AU:OMH) ) has provided an announcement.
OM Holdings Limited has confirmed that the previously announced sale of its subsidiary OMH (Mauritius) Corp’s 26% stake in South Africa’s Ntsimbintle Mining Proprietary Limited, for ZAR 1.86 billion (around US$101.4 million), has now become unconditional after all suspensive conditions were either satisfied or waived. The completion, expected on or before 27 February 2026, follows the successful conclusion of a commercial marketing agreement for Tshipi manganese ore, signalling a key step in restructuring OM Holdings’ exposure to manganese mining assets while securing ongoing participation in the marketing of Tshipi’s production, with potential implications for the group’s capital allocation and commercial positioning in the global manganese ore trade.
The most recent analyst rating on (AU:OMH) stock is a Hold with a A$0.36 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 a vertically integrated manganese and ferroalloy producer with operations and marketing activities focused on manganese ore and related products, serving global steel and alloy markets. The company is listed on both the Australian Securities Exchange and Bursa Malaysia, reflecting its regional base in Asia and its participation in international commodity markets.
Average Trading Volume: 92,442
Technical Sentiment Signal: Hold
Current Market Cap: A$252.2M
For an in-depth examination of OMH stock, go to TipRanks’ Overview page.