OMH is the only ferrosilicon producer on the ASX, therefore the only Australian company to benefit from the high ferrosilicon prices.
Next year as OMH moves into the silicon metal production it will mean its just one of the few pure play in the ferrosilicon and silicon metal market.
Silicon metal is currently US$11,000/t in the USA and Ferrosilicon at US$7,490/t
Not only will OMH be one of the few ferrosilicon + silicon metal plays in the world it will also be the worlds most profitable.
OMH needs to start thinking about obtaining its own source of quartzite/silica. One company thats on my radar is Metallica MLM with their Cape Flattery silica project with a MC of $15 million and a resource of 53 million tonnes. OMH management have been advised about it.
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