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OM Holdings gets key approvals to sell 26% stake in unit with manganese ops, deal expected by early 2026...
05 Dec, 2025 08:54 25 min read
OM Holdings has obtained major approvals to sell its 26% stake in Ntsimbintle Mining to South Africa's Exxaro Resources for about RM449.5 million. Ntsimbintle owns a controlling interest in the major Tshipi Borwa manganese mine. The deal, pending final conditions, is expected to close in early 2026, allowing OM Holdings to realize value and pivot strategically while retaining an indirect interest in the mine's operations.... More