OMH which was listed on the ASX in March 1998 has its foundation in metal trading – incorporating the sourcing & distribution of manganese ore products and subsequently in processing ores into ferro-manganese intermediate products. In the immediate future, the OMH Group expects to commence commercial mining operations – leading to a fully integrated operation covering Australia, China and Singapore.
Through its wholly owned subsidiary, OM (Manganese)
Ltd ("OMM"), OMH controls 100% of the Bootu
Creek Manganese Mine ("Bootu Creek") located
110km north of Tennant Creek in Northern Territory.
Bootu Creek is expected to produce an annual rate of 550,000 tonnes of manganese ore. Bootu Creek has further exploration potential given that its tenement holdings extend over 1,750 km2.
Bootu Creek's manganese product will be exclusively
marketed by the OMH Group’s own trading division
with a proportion of the product expected to be consumed
by the OMH Group’s wholly-owned Qinzhou smelter
located in the south west China.
Through its Singapore based commodity trading activities, OMH has established itself as a significant manganese supplier to the Chinese market. Product from Bootu Creek will strengthen OMH’s position in the market.
OMH also holds an 12.5% shareholding in Territory Iron
Ltd, a company presently pursuing the development of
the Frances Creek iron ore project in the Northern Territory.
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