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EXPLORATION AND MING (OMM, 100% owned Bootu Creek Manganese Mine)

Solid Septmber 2014 quarterly manganese ore production of 251,411 tonnes grading 36.16%; 2014 year-to-production stands at 698,196 tonnes.

September 2014 quarterly manganese ore shipments of 279,496 dry tones(291,701 wet tones) grading 36.48%

Smelting (OMQ 100% owned Smelter and Sinter Plant in Qunzhou)

High carbon ferromanganese (HC FeMn ) produced and sold during the quarter of 22,577 tonnes and 21,431 tonnes       respectively.

Marketing and Trading, And Market Upward

780,700 tonnes of equity and third party ores transacted during the quarter

OM SARAWAK (80%, Samalaju, Malaysia)

First production from A01 Workshop successfully tapped on 22 September 2014, 293 metric tones of ferrosilicon produced up to 30 September 2014

First shipment of ferrosilicon expected to be sold and shipped to customers in Japan in the first week of November 2014.

Overall construction progress of Phase 1 of the OM SARAWAK ferrosilicon production facility (expressed in terms of cumulated earned value) stands at 81% at the end of Septmber 2014.

Construction of the 275 Kv power substation 99% completel connection agreement completed and substation successfully energized with power drawn from the grid.

Equipment installation well progressed for workshops A02,A03 and B01.

All equipment for smelter fabricated; final delivery expected by Q4 2014.

• [Editor:Sophie]