OMH 2.27% 67.5¢ om holdings limited

Braces for potential supply disruption due to the coronavirus

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    OM Holdings (ASX:OMH) braces for potential supply disruption due to the coronavirus

    • Following the outbreak of the coronavirus, OM Holdings (OMH) believes there may be a disruption in its supply chain at its smelter complex in Malaysia
    • Regional authorities in China have interrupted domestic trucking services to contain the virus and if it continues it could potentially result in the disruption of Chinese sourced material to the plant
    • The company has decided to idle two of its 10 furnaces until further notice, putting them on routine maintenance

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