Earnings release
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For personal use only OM HOLDINGS LIMITED ( ARBN 081 028 337 ) ( Malaysian Registration No. 202002000012 ( 995782 - P ) ) Incorporated in Bermuda M No. of Pages Lodged : 09 26 October 2021 ASX Market Announcements ASX Limited 4th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir / Madam SEPTEMBER 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 September 2021 of 33,453 tonnes of ferrosilicon ( " FeSi ” ) , 59,307 tonnes of manganese alloys ( silicomanganese ( " SiMn " ) ) and 34,542 tonnes of manganese sinter ore A total of 23,894 tonnes of FeSi and 43,856 tonnes of manganese alloys were sold during the quarter ended 30 September 2021 Entry applications for new foreign employees are being gradually approved by Government authorities on a case - by - case basis . However given the pace of approvals and long lead time to mobilize the new workforce due to additional COVID- 19 protocols , it is anticipated that the impeded inflow of new foreign workers is unlikely to alleviate the temporary workforce shortage in the short - term due to employee home leave rotations commencing in Q4 2021. Production plans in and after Q4 2021 will potentially decrease before gradually ramping up to full production in 2022 , subject to constraints beyond the Company's reasonable control Loan repayments of US $ 4.8 million ( approximately A $ 6.5 million ) were made to project finance lenders during the quarter ended 30 September 2021 EXPLORATION AND MINING : OM ( Manganese ) Ltd ( 100 % owned Manganese mine in Bootu Creek , Northern Territory , Australia ) Manganese ore production of 230,566 tonnes with an average grade of 27.98 % Mn for the quarter ended 30 September 2021 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 ASX Code : OMH | Bursa Code : OMH ( 5298 ) 1