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24 Jun
16:06

OM Holdings raises money for Sarawak plant

Australia-listed manganese ore and ferro-alloy producer OM Holdings Ltd (OMH) made its debut on the Main Market of Bursa Malaysia this week. This is the first cross-listing between Bursa and the Australian Securities Exchange (ASX), Kallanish notes. OMH says it will raise money to expand the capacity of its flagship smelter complex in Samalaju in Sarawak, by adding another four electric arc furnaces. The Sarawak plant currently has the capacity…
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