OM Closes Ntsimbintle Mining Proprietary Stake Sale

MT Newswires Live

03/02

OM (KLSE:OMH) completed the sale of its 26% interest in Ntsimbintle Mining Proprietary to Exxaro Resources for 1.95 billion South African rand.

The disposal, first announced in May 2025, became unconditional in January, according to a Monday Malaysian bourse filing.

The deal marks OM's exit from its effective 13% stake in the Tshipi Borwa manganese mine in South Africa.

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