Asia Pacific makes up 77% of OMH sales in 2017. So all these Ferro alloys are for their own usage? Come on dude... what world are you living in.
"Resumption of mining at Bootu Creek in 2017 further strengthened the Group’s revenue base by bringing in steady earnings to complement OM Sarawak’s ferroalloy sales. With the implementation of increasingly strict environmental controls in China, Chinese domestic manganese ore mining activities have been largely curtailed, lending support to global ore prices. OMM’s Bootu Creek ore stepped in to fill the supply gap, generating additional value by leveraging its unique chemical composition widely favored by Chinese silicomanganese smelters. "
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- Ann: Press Release Record 2018 NPAT A$184.7 MILLION
Ann: Press Release Record 2018 NPAT A$184.7 MILLION, page-24
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