OMQ has a capacity of 80-95ktpa Mn alloys + 300ktpa sinter ore. Given that it has not been operating since Dec 2021, I suppose the cost of production is greater than US$1,000/t Mn alloys. No point sitting on it waiting for Mn alloys to increase. Furthermore, China's domestic production is self-sufficient, and too competitive to make good margins there. Good that they cash out to reduce some interest expenses yet remain an eye on that market.
Ann: Sale of 90% Interest in OM Materials (Qinzhou) Co Ltd, page-7
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OMH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
-0.015(3.95%) |
Mkt cap ! $279.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $4.825K | 13.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18895 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 14.23pm 13/09/2024 (20 minute delay) ? |
| OMH (ASX) Chart |