OMH Approves $501m Malaysian Ferroalloy Smelting Project

Mining Weekly reported that a ferroalloy smelting project in Sarawak, Malaysia has been approved by OM Holdings’ (ASX:OMH) board.

As quoted in the market news:

Commercial production at the Sarawak project would be executed in a phased ramp-up basis, with construction expected to start in the third quarter of 2013. Production from the smelting project is expected to start no later than the first quarter of 2014, with full commercial production scheduled to be reached by the second quarter of 2015.

Click here to read the full Mining Weekly report.