OM Holdings Limited (ASX:OMH | BURSA:OMH-5298)

As we welcome the New Year, we want to take a moment to thank you for your continued trust and support.  Here's to a year brimming with joy, success and endless possibilities. Happy New Year!✨

Merry Christmas! We're grateful for your support this year. Wishing all a Christmas filled with warmth and happiness and a Happy New Year.

OM Materials (Sarawak) Sdn Bhd (OM Sarawak) is proud to be recognized for our commitment to sustainability and environmental stewardship.   Read more about this achievement and our sustainability efforts here: https://lnkd.in/gh9ckd3N

BIMB Securities Sdn Bhd published an update on OMH following the release of our Q3 2024 market update, maintaining a BUY call with a target price of RM1.61. BIMB highlighted that FeSi and Mn alloys production volumes exceeded their expectations at 101.8% and 83.3% respectively while sales volume improved with FeSi and Mn alloys increasing by 51.6% YoY and 26.6% YoY, reaching 139.8k MT and 224.3k MT, respectively. Read more here: https://lnkd.in/gGCNwR8d

Thank you to everyone who attended our Group's Q3 2024 investor presentation today.   Here are the key highlights: 1. Company is on track to meet its production guidance for ferrosilicon and manganese alloys 2. Ultra Fines Plant trial production targeted to commence at the end of November, with commercial production expected in Q1 2025 3. OMS signed an MoU with South32 on a project to repurpose silicon manganese slag, aligning with its sustainability goals of the Group to repurpose and reuse over 80% of its waste   In case you missed the presentation, you can catch the full video here: https://lnkd.in/gXpA_v2Z

We're thrilled to announce our wholly owned subsidiary OM Materials (S) Pte Ltd has signed an MoU with South32 Ltd to explore a project, seeking to repurpose silicomanganese slag (SiMn slag) recovered from our manganese alloy production at OM Materials (Sarawak) Sdn Bhd! The project aims to recycle SiMn slag as a sustainable alternative to natural aggregates in concrete—reducing the need for virgin materials and lowering environmental impact. 🌱 At OMH, we’re dedicated to circularity, reusing by-products and collaborating on sustainable innovations. This project further strengthens our sustainability commitment, with support from local institutions like Universiti Malaysia Sarawak (UNIMAS) to study SiMn slag's applications in construction and ecosystem restoration. The MoU was signed by Matthew Gillespie (Vice President & Head of Marketing, South32), represented by Rosa YE (General Manager, South32), and Adrian Low (Managing Director, OMS) at Parkcity Everly Hotel Bintulu. This event was also attended by Willie Tan (Deputy-General Manager, HSE & Sustainability, OM Materials (Sarawak)), Delwyn Chew (Marketing Manager, South32), Katharine Koh (Marketing Manager, South32), and Michael Lian (Trade Manager, OMS). A special shoutout to Professor Dr. Mohd Hasnain Hussain from UNIMAS for attending this event as well!    #sustianability #silicomanganese #slag #repurpose

Thank you to everyone who attended our Group's 1H2024 Financial Results investor presentation on Wednesday.   Here are the key takeaways: 1. Despite the overall ferroalloy prices declining, the Group's profitability has improved compared to 2H2023. 2. The Group will continue to prioritize debt repayment and reduce gearing ratio.   In case you missed the presentation, you can catch the full video here: https://lnkd.in/gJr5RgxT

BIMB Securities Sdn Bhd published an update on OMH following the release of our 1H2024 Interim Financials, maintaining a BUY call with a target price of RM1.96. OMH's core profit after tax and minority interest of US$12.9 million for 1HFY24 (up 5.3% YoY) was in line with both BIMB's and Bloomberg consensus estimates. Despite market volatility, BIMB remains optimistic about OMH's long-term prospects. Read more here: https://lnkd.in/gB2uZ4Z4

BIMB Securities Sdn Bhd published an update on OMH following the release of our Q2 2024 market update, maintaining a BUY call with a target price of RM1.96. BIMB highlighted that FeSi Q2 ferroalloy production volume exceeded their expectations by reaching 70% of their estimate while Mn alloys production were aligned with their initial projections.   BIMB is of the view that OMH's earnings will be boosted by higher average selling prices and increased sales volume. Read more here: https://lnkd.in/gtZ5qPTg