OM reaping manganese rewards

SINGAPORE-based OM Holdings has received a dividend worth around A$21 million from its effective 13% interest in Tshipi é Ntle Manganese Mining operations in South Africa.

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Tshipi

The ASX-listed company has a 26% stake in Main Street 774, which in turn owns a 50.1% stake in Tshipi. Jupiter Mines owns a 49.9% stake in Tshipi.