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OM Holdings Reclaims Control of OMQ, Strikes New 60% Stake Sale Deal

1:08am on Saturday 30th of August, 2025 AEST Materials
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OM Holdings Reclaims Control of OMQ, Strikes New 60% Stake Sale Deal

1:08am on Saturday 30th of August, 2025 AEST
Key Points
  • Previous 90% OMQ sale to Beijing Kunpeng terminated
  • OM Holdings regains full control of OM Materials (Qinzhou)
  • New conditional agreement to sell 60% stake to Shaanxi Sinian Metal
  • Sale proceeds to support company’s working capital
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