OM Holdings Unit Completes 60% Stake Sale for $16.7 Million

MT Newswires Live

2025/09/23

OM Holdings (ASX:OMH) said unit OM Materials has sold 60% of its stake to manganese ore trading firm Shaanxi Sinian Metal & Mining, for $16.7 million, according to a Tuesday filing with the Australian bourse.

Proceeds will be used to fund the company's working capital requirements, the filing said.

The remaining stake will be sold by the end of November, the filing added.

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