KUCHING: OM Holdings Ltd
’s (OMH) ferroalloy smelting plant in Samalaju Industrial Park, Bintulu, is expected to raise its production output with the stablisation of capacity utilisation from this year onwards.
The smelting plant is operated by its wholly-owned subsidiary, OM Materials (Sarawak) Sdn Bhd (OM Sarawak).
OMH projects the plant’s utilisation rate to be more than 85% this year and to achieve an estimated combined production volume of ferrosilicon (FeSi), manganese alloys and metallic silicon of between 430,000 and 470,000 tonnes.
Based on OMH’s 2024 guidance contained in the company’s investor presentation update on Jan 31, 2024, the company expects all the eight manganese alloy furnaces to be in operation with annual production volume of 280,000 to 308,000 tonnes.
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