OM Closes Ntsimbintle Mining Proprietary Stake Sale
MT Newswires Live
Mar 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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