The Board of OM Holdings Limited (“OMH” or the “Company”, and together with itssubsidiaries, the “Group”) is pleased to report an increase in revenue for the half year ended30 June 2014 from A$158.9 million to A$259.9 million.
In Q2, Japan's Mizushima Ferroalloy retained HC FeMn production at the Q1 level of 41,300 t, of which 20% were sold and the rest used in the company's refined FeMn manufacture. As a result, LC and MC FeMn output totalled 22,500 t.
South African manganese ore exports to India more than doubled in the first six months of 2014, compared with the same period last year, helping to drive a 39% rise in exports from the country overall.
On YoY basis, in June this year South African iron ore production fell 1.2% manganese ore production increased by 30.7% while the country's nickel output expanded by 15.3%.