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manganese-investing

OMH Profit Drops Sharply Despite Record Output

Investing News Network
Aug. 18, 2011 10:41AM PST
Battery Metals Investing

Mining Weekly reported that despite higher production levels, OM Holding’s (ASX:OMH) half year profit dropped by a third.

Mining Weekly reported that despite higher production levels, OM Holding’s (ASX:OMH) half year profit dropped by a third.

The market news is quoted as saying:

OMH reported a 22% increase in revenue to A$161.7-million, helped by higher shipments of manganese ores, higher alloy and sinter sales, and an increase in third-party manganese ore, chrome, iron-ore and alloy trading activities.

To read the full market news, click here.

asx-omh manganese-investing manganese-ore
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