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OM Holdings Boosts Ferrosilicon Output Amid Market Headwinds in Q4 2024

3:32pm on Tuesday 28th of January, 2025 AEDT Mining
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OM Holdings Boosts Ferrosilicon Output Amid Market Headwinds in Q4 2024

3:32pm on Tuesday 28th of January, 2025 AEDT
Key Points
  • Ferrosilicon production increased 7.7% quarter-on-quarter to 48,061 tonnes
  • Manganese alloys production declined 15.5% due to furnace shutdown but full-year output rose 8%
  • Manganese ore prices fell 17% in Q4, though signs of modest recovery emerged late in the quarter
  • OM Sarawak won the Diamond Award for sustainability in the Large Enterprise category
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