"Eramet plans to produce up 7.7-million mt of high-grade manganese ore in 2024, up to 6.6-million mt last year. For every dollar the manganese ore price goes up there will be a positive €255-million impact on adjusted EBITDA; the current spot price is $1.80 per dmtu higher than the first quarter of 2024."
When comparing for OMH, if the current spot price is higher at US$1.80/dmtu for Tshipi Mn ore which is slightly lower grade, this would result in an extra profit of US$233 million on 3.5 million tonnes. OMH share is US$30 million more profit
"Eramet plans to produce up 7.7-million mt of high-grade...
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Last
47.5¢ |
Change
-0.015(3.06%) |
Mkt cap ! $363.9M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 47.5¢ | $151.4K | 310.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.50pm 31/05/2024 (20 minute delay) ? |
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Last
48.0¢ |
Change
-0.015 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 48.5¢ | 49.0¢ | 48.0¢ | 66349 | ||
| Last updated 14.07pm 31/05/2024 ? | |||||
| OMH (ASX) Chart |