Om Holdings Ltd. · ASX:OMH
Om — RHB Small Cap Conference 2022
17 slides from Om's conference presentation, Jan 27, 2022
Slide 1: OM Holdings Limited
1 OM HOLDINGS LIMITED Australia • China • Japan • Malaysia • Singapore • South Africa Jan 2022 • RHB Small Cap Conference • ASX:OMH | Bursa:OMH (5298)
Slide 2: Disclaimer
2 DISCLAIMER This presentation has been prepared and issued by OM Holdings Limited ARBN 081 028 337 (“OMH”). This presentation contains summary information about OMH. The information in this presentation does not purport to be complete or to provide all information that an investor should consider w
Slide 3: A Manganese & Silicon Company
3 A MANGANESE & SILICON COMPANY A manganese and silicon smelting company, with vertical exposure in mining and trading Powered by sustainable hydro-power, pursuing growth and natural diversification into new commodities like silicon metal Listed on both the ASX and Bursa Malaysia, we offer unique ex
Slide 4: Company Snapshot
4 COMPANY SNAPSHOT Balancing debt reduction with sustainable dividends Issued Shares 738.6 million shares Share Price Performance Share 2.00 Share Price A$ 0.90 / RM2.80 ASX (AUD) Metrics 1.50 (as at 20th 52 weeks Low / High A$ 0.66 / A$ 1.25 Jan 2022) 1.00 Market Capitalization A$ 664.8 million 0.5
Slide 5: Key Operations
5 KEY OPERATIONS Sarawak - Malaysia (75%*) Mn alloy: 250-300ktpa, Ferrosilicon: 200-210ktpa Sinter ore: ~250ktpa Smelting & * J/V with conglomerate Cahya Mata Sarawak, listed on Bursa Malaysia Sintering Qinzhou - China (100%) Mn alloy: 80-95kpta Sinter ore: 300ktpa Australia (100%) Singapore/China (
Slide 6: Our Products
6 OUR PRODUCTS Critical alloying element to steel - a product essential to basic industries and modern infrastructure Manganese Ore Manganese Alloys Silicon Alloys Manganese is the 4th most consumed Main alloying element – Manganese Main alloying element – Silicon metal behind iron, aluminium and co
Slide 7: Greenfield In-House Developed Smelting Plants
7 GREENFIELD IN-HOUSE DEVELOPED SMELTING PLANTS OM Sarawak – 75% Owned Location: Sarawak, Malaysia Product: FeSi, Manganese alloys (SiMn, HCFeMn), Sinter ore Furnaces: 16 x 25.5 MVA furnaces Capacity: 200-210ktpa of FeSi, 250-300ktpa of manganese alloys, 250ktpa of Sinter ore 75% owned, J/V with Cah
Slide 8: Samalaju Industrial Park: Asia's New Smelting Hub
8 SAMALAJU INDUSTRIAL PARK: ASIA’S NEW SMELTING HUB Sarawak, Malaysia ◦ Culturally diverse state, unique demographics ◦ Low population density ◦ Stable operating environment Sarawak Corridor of Renewable Energy (SCORE) ◦ Samalaju Industrial Park - supported by 3.3GW* of hydropower OM SARAWAK Samalaj
Slide 9: Smelting – At the Heart of What We Do
9 SMELTING – AT THE HEART OF WHAT WE DO FeSi Production Cost Comparison Electricity Reductant Ore Other raw material Labour & other Export tax Delivery to Japan • Sustainable producer, first-quartile of cost curve • 350MW of competitively priced, reliable power, locked in for 20 years • Hands on man
Slide 10: Growth of Steel in Southeast Asia (SEA)
10 GROWTH OF STEEL IN SOUTHEAST ASIA (SEA) Regional steel demand remains positive in the long run South East Asia Addition of steel capacity in SEA • Surge of foreign investments in SEA steel mills since steel capacities: 89.4m MT 2 2015 (~25 million MT) 1 • Additional capacity of 61.5 million MT 2
Slide 11: Ferrosilicon Market Review
11 FERROSILICON MARKET REVIEW Price surge and normalization with new Chinese power policies 2020 2021 Regional key steel producing countries cut production High power prices around the world, notably in China, by 20%-30% YoY from Q2-Q3 2020. FeSi prices under leads to massive price spike. New power
Slide 12: Manganese Ore and Alloy Market Review
12 MANGANESE ORE AND ALLOY MARKET REVIEW Supply remains uncertain with prices supported at higher level 2020 2021 SiMn prices relatively stable but global demand SiMn prices rise significantly faster than Mn ore, depressed. Price spread between ore and alloy traditional correlation breaks down with
Slide 13: Development Plan 2022 & Beyond
13 DEVELOPMENT PLAN 2022 & BEYOND Sustained 12 furnace output through end of 2021, major developments for 2022 Pre-COVID 2021 2022 Future Conversion + Maintenance Fesi 10 of 10 ~6 of 10 4 to 6 furnaces 6 of 6 230ktpa 120ktpa 110-130ktpa 130-140ktpa 65-70 mt / day Mn Alloys 6 of 6 ~6 of 6 4 to 6 furn
Slide 14: Operational Performance and FY22 Guidance
14 OPERATIONAL PERFORMANCE AND FY22 GUIDANCE Mn Ore Production Volume (kmt) Mining Segment (Mn Ore) • Mining completed in December 2021. Processing of remaining 738 854 feedstocks will cease by January 2022, with sales paced through 570 2022. FY2019 FY2020 FY2021 • Final test for Ultra Fines Plant i
Slide 15: Future Plans and Growth
15 FUTURE PLANS AND GROWTH Core fundamentals unchanged, growth plans for both upstream and downstream Bryah Resources 14 FeSi 701 Mile Si Manganese Silicon Element 25 MetSi Raw Material Higher Value Add Expanding Capacity Development • Explore prospective • Conversion to silicon • Planned for 2023,
Slide 16: Key Takeaways
16 KEY TAKEAWAYS OM, now a simpler story 1 3 Lowest Cost Quartile Largest Producer in the Ferroalloy Smelter in the Region, with Growth and Region(1) Diversification Plans Backed by low cost environmentally Prioritize diversification to silicon friendly hydro power from a 20-year metal targeting ren
Slide 17: OM Holdings Limited
17 OM HOLDINGS LIMITED AUSTRALIA • CHINA • JAPAN • MALAYSIA • SINGAPORE • SOUTH AFRICA