Earnings release
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OM HOLDINGS LIMITED ( ARBN 081 028 337 ) ( Malaysian Registration No. 202002000012 ( 995782 - P ) ) Incorporated in Bermuda M No. of Pages Lodged : 10 29 July 2021 ASX Market Announcements ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir / Madam JUNE 2021 QUARTERLY PRODUCTION AND MARKET UPDATE The Board of OM Holdings Limited ( “ OMH ” or the “ Company ” ) is pleased to provide the following update . HIGHLIGHTS OPERATING PERFORMANCE SMELTING : OM Materials ( Sarawak ) Sdn Bhd ( 75 % owned smelter in Samalaju , East Malaysia ) Production output for the quarter ended 30 June 2021 of 23,057 tonnes of ferrosilicon ( " FeSi " ) and 37,691 tonnes of manganese alloys comprised mainly silicomanganese ( " SiMn ” ) and low carbon silicomanganese ( " LCSiMn " ) A total of 30,331 tonnes of FeSi and 50,948 tonnes of manganese alloys were sold during the quarter ended 30 June 2021 Operations recommenced with an initial 4 furnaces in early July 2021. Production was subsequently ramped - up in stages , with 12 furnaces ( 6 FeSi and 6 manganese alloys furnaces ) currently in production Given the prolonged period of operating without home leave for foreign employees due to border closures , it is expected that the pressure on the existing labour force will intensify in Q4 2021 and production plans may be further modified in the absence of any changes in the permitting process of foreign workers Loan repayments of US $ 4.8 million ( approximately A $ 6.4 million ) were made to project finance lenders during the quarter ended 30 June 2021 The final performance testing of the sinter plant and equipment installation works for the furnace conversion project have been deferred to the end of 2021 due to the extension of the lockdown in Malaysia restricting the entry of foreign nationals Singapore Office : 10 Eunos Road 8 , # 09-03A Singapore Post Centre , Singapore 408600 Tel : 65-6346 5515 Fax : 65-6342 2242 Email address : om@ommaterials.com Website : www.omholdingsltd.com Malaysia Malaysian Registered Office : Unit 30-01 , Level 30 , Tower A Vertical Business Suite Avenue 3 Bangsar South , No.8 , Jalan Kerinchi 59200 Kuala Lumpur 1 ASX Code : OMH | Bursa Code : OMH ( 5298 )