A clever move to tie up manganese ore production in Australia. So OMH has now tied up both would be producers, BYH and E25 giving OM Holdings further control of the manganese ore market.
OMH understands the importance of securing and tying up supply, also being able to market the Mn ore to other parties whereby taking further control of manganese ore mined in Australia.
" envisaged to augment the Company’s raw material sources, increasing procurement flexibility at the Company’s smelters as well as creating opportunities for further distribution to external third parties."
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- Ann: Memorandum of Understanding E25 Manganese Product
Ann: Memorandum of Understanding E25 Manganese Product, page-2
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