I managed it:

Code:
unit HelloLib;

interface

type
 MyClass = public static class
 public
  class procedure Test;
 end;

implementation

procedure MyClass.Test();
begin
 Console.WriteLine('Hello World From Lib.');
end;

end.
Code:
unit HelloWorld;

interface

uses HelloLib;

implementation

procedure Main;
begin
 Console.WriteLine('Hello World.');
 MyClass.Test();
end;

end.

Oxygene HelloLib.pas /assemblyname:HelloLib /type:library /frameworkfolder:C:\WINDOWS\Microsoft.NET\FrameWork \v2.0.50727
Oxygene Hello.pas /assemblyname:HelloWorld /frameworkfolder:C:\WINDOWS\Microsoft.NET\FrameWork \v2.0.50727 /ref:HelloLib.dll