OM Holdings (ASX:OMH) has released their Q3 2024 Investor Presentation Update, detailing production guidance, market reviews, and financial strategies. The company confirms it is on track to achieve FY24 production targets. Key areas of focus include collaborations, such as a new MoU with S32, and market trends affecting their main products.
OM Holdings (ASX:OMH) has emphasized its dedication to achieving FY24 production goals in its latest investor presentation. The company has made substantial repayments to Project Finance Lenders and postponed the restart of UFP production to Q1 2025. Strategic collaborations, such as with S32, are aimed at repurposing ferroalloy slag. The company is also assessing the full commercial production of silicon metal. Operational updates indicate progress in smelting operations, with most furnaces undergoing maintenance. Market analysis highlights price trends for ferrosilicon and manganese products, with expectations of stabilization and potential recovery. OM Holdings remains cautious about forward-looking statements, advising investors to consider associated risks.
OM Holdings continues to make significant strides in meeting its production targets while navigating market challenges. Our collaboration with S32 and strategic business developments demonstrate our commitment to enhancing operational efficiency and market presence.