OMH Collaborates With Sarawak Forestry Corporation for Re-Wilding Initiative

OMH to contribute RM482,600 towards the tree planting operations at Similajau National Park

KUCHING, 29th NOVEMBER 2022 – OM Holdings Limited (“OMH” or the “Company”), a vertically integrated ferroalloy producer, is pleased to announce that OMH has signed a Memorandum of Understanding (“MoU”) today, with Sarawak Forestry Corporation (“SFC”) for the undertaking of a rewilding project at the Similajau National Park.

The re-wilding project aims to restore 10 hectares of degraded areas in Similajau National Park and will involve local communities residing near the vicinity of the national park for field planting activities.

OMH will contribute RM482,600 for three years between 2022 to 2025 for the planting of 10,000 native tree species in Similajau National Park to restore the ecosystem of the degraded areas and to rehabilitate the area for wildlife and plants to rejuvenate. This activity will be guided by botanists and other experts from SFC in alignment with the SFC Restoration Framework. SFC will contribute RM396,000 for a period of 19 years to collect and monitor data on plant growth and biomass to assess its effectiveness and impact in restoring degraded areas.

Mr Low Ngee Tong, Executive Chairman and Chief Executive Officer of OMH said, “We aim to create a more sustainable environment and pay recognition to the Similajau National Park from which our industrial park derives its name from. Biodiversity conservation through rewilding is a critical method for restoring these degraded habitats. It allows us to fight against climate change while staying true to the original flora and fauna of the land, and reflects our commitment to Goal 15 of the United Nations Sustainable Development Goals to halt and reverse land degradation and halt biodiversity loss through forest management”

“All stakeholders have a part to play in restoring the ecosystem in the Similajau National Park. By engaging the local communities, we hope to increase conservation awareness in the local communities and create new guardians of the nature reserve. Through their work as seed collectors, seedling planters, and maintenance workers, we also hope to create a positive impact for the communities at large. I look forward to the return of wildlife in these degraded areas.” he added. 

“SFC is most pleased that OMH takes a significant interest in the natural environment, supporting the rewilding initiatives of the degraded areas in Similajau National Park, as well as helping SFC raise conservation awareness amongst stakeholders, including the local community.” said Mr. Zolkipli Mohamad Aton, Chief Executive Officer of SFC.

Zolkipli added that the natural environment is intertwined with all human activity, and invites other corporations to emulate OMH in supporting preservation activities, ensuring the sustainability of local biodiversity for future generations.

The MoU was signed by Mr. Zolkipli Mohamad Aton and Mr Low Ngee Tong at the Sarawak Forestry Corporation’s Corporate Office, Kuching.

Rewilding is a conservation process aimed to restore degraded parts of Totally Protected Area (TPAs) back to its previous ecological and functional environment.

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ABOUT OM HOLDINGS LIMITED

OM Holdings Limited (“OMH” or the “Company”) is a manganese and silicon smelting company, with vertical exposure in mining and trading. We are engaged in the business of trading raw ores, smelting, and marketing of processed ferroalloys. With over 25 years in the industry, OMH is listed on both the ASX and Bursa Malaysia and has operations across Australia, China, Malaysia,
Singapore, and South Africa. Today, the Group is one of the region’s largest producers of ferroalloys and seeks to be the main ferroalloy supply partner to major steel mills and other industries.

For more information, visit https://www.omholdingsltd.com/