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OM profits hit by challenging market

OM HOLDINGS posted a $A60.9 million loss for the financial year ending in December, down significantly from the $11.7 million loss recorded for 2011.

Justin Niessner
OM profits hit by challenging market

Despite year on year increases in sales and earnings, gross profits slipped 15% to $50.6 million and revenue fell 18% to $109.4 million on weaker manganese ore and alloy prices. Total sales for 2012...

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