View in Other Languages OM Holdings (ASX:OMH) and Consolidated Minerals Signed a Confidentiality Agreement OM Holdings (ASX:OMH)与Consolidated Minerals 签订保密协议 OM Holdings Limited (ASX:OMH), Consolidated Minerals와 비밀유지 협약 체결 OM Holdings (ASX:OMH)與Consolidated Minerals 簽訂保密協議 OM Holdings (ASX:OMH)とConsolidated Minerals、秘密保持契約に合意 وقعت كلاً من OM Holdings ASX:OMH وConsolidated Minerals إتفاقية سرية 
OM Holdings (ASX:OMH) and Consolidated Minerals Signed a Confidentiality Agreement
OM Holdings (ASX:OMH) and Consolidated Minerals Signed a Confidentiality Agreement

Sydney, April 19, 2010 AEST (ABN Newswire) - OM Holdings Limited (googlechartASX:OMH) said has executed a confidentiality agreement with Consolidated Minerals Limited with respect to investigating a possible transaction involving ConsMin's Woodie Woodie manganese operation in Pilbara region of Western Australia.

The two parties are considering a possible acquisition of an interest in Woodie Woodie by OM Holdings to combine the two companies' Australian manganese operations and find potential strategic, operating or marketing synergies. The transaction could create the world's second largest low phosphorous siliceous high grade manganese ore producer.

OM Holdings is starting a staged due diligence process on Woodie Woodie. ConsMin currently holds an 11.7 per cent stake in OM Holdings through its wholly owned subsidiary Stratford Sun Limited.

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