Key points
- Om Holdings Ltd reported a 14% decrease in revenue for 1H2026, totaling US$265.2m.
- The company achieved an EBITDA of US$87.0m for 1H2026, a significant increase from US$19.1m in 1H2025.
- Om Holdings Ltd produced 80,194 tonnes of FeSi and 168,624 tonnes of Mn alloys in 1H2026.
Full summary
Om Holdings Ltd, a manganese and silicon smelting company, reported a 14% decrease in revenue for the first half of 2026 to US$265.2 million, compared to US$309.3 million in the same period last year. Despite the decline in revenue, the company's EBITDA increased significantly to US$87.0 million, up from US$19.1 million in the first half of 2025. The company produced 80,194 tonnes of ferrosilicon (FeSi) and 168,624 tonnes of manganese (Mn) alloys in the first half of 2026. Om Holdings Ltd operates 14 furnaces, with 6 producing FeSi and 8 producing Mn alloys. The company's mining segment remains under care and maintenance since January 2022, while the smelting segment saw a slight recovery in FeSi prices and an increase in SiMn prices in the first quarter before correcting in the second quarter.
Guidance
Om Holdings Ltd expects to produce 217,000 metric tonnes of Mn alloys and 140,000 metric tonnes of FeSi in FY2026.
Outlook
Om Holdings Ltd is optimistic about the future, with plans to assess technical, operational, and economic pathways forward for its mining segment.