06
Nov
02:10
OM sells 90% interest in OM Materials (Qinzhou)
Australian manganese ore and ferroalloy producer OM Holdings (OMH) is disposing of its 90% equity interest in OM Materials (Qinzhou) (OMQ) for $25 million, Kallanish notes.
OMH says in a statement that its wholly-owned subsidiary, OM Materials (S) (OMS) has executed a share sale agreement with Beijing Kunpeng Hongsheng Metal for the sale.
Beijing Kunpeng Hongsheng Metal is an established company involved in the trading of ores and alloys in …
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