News & Videos - AMG

Amsterdam, 15 April 2024 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") is pleased to announce that it has entered into a new $100 million incremental term loan, structured as a fungible add-on to the existing $350 million senior secured term loan. The $100 million incremental term loan has the same pricing, terms and 2028 maturity as the existing $350 million term loan. AMG will use the proceeds of the new incremental term loan for general corporate purposes and lithium...

Amsterdam, 4 April 2024 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") is pleased to announce the formation of NewMOX SAS, Grenoble, France, to service the nuclear fuel market. NewMOX is a subsidiary of ALD Vacuum Technologies GmbH , Hanau, Germany ("ALD"), AMG’s engineering subsidiary focused on vacuum furnace technology, which includes sintering furnace systems enabling the production of commercial nuclear fuel from plutonium and depleted uranium (termed “MOX”). ALD's...

Amsterdam, 27 March 2024 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") has published its Agenda and Explanatory Notes for the 2024 Annual General Meeting (“AGM”) which will take place on May 8, 2024 at the Hilton Hotel in Amsterdam. The Agenda carries, amongst other items, the appointment of a new Management Board member. The Supervisory Board has resolved to expand the Management Board to four members, nominating Mr. Michael Connor to the Management Board as Chief...

Amsterdam, 13 March 2024 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") has published its 2023 Annual Report. The 2023 Annual Report is available to investors and other interested parties via the AMG website ( www.amg-nv.com ). Hard copies of the 2023 Annual Report can be requested by contacting AMG via email at [email protected] . About AMG AMG's mission is to provide critical materials and related process technologies to advance a less carbon-intensive world. To this end, AMG...

Amsterdam, 21 February 2024 (Regulated Information) --- AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) reported record-setting adjusted EBITDA $350 million in 2023, due largely to strong profitability in our lithium and vanadium businesses. Fourth quarter 2023 revenue was $367 million, a 6% decrease versus the fourth quarter of 2022. Fourth quarter 2023 adjusted EBITDA of $71 million decreased 32% compared to the fourth quarter of 2022. Cash from operating activities was...

Amsterdam, 14 February 2024 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") will release its fourth quarter and full year 2023 financial results on Wednesday, February 21, 2024, at approximately 18:00 CET. AMG will host a conference call to discuss its financial results for the fourth quarter of 2023 at 19:00 CET (18:00 GMT / 1:00PM EST) on Wednesday, February 21, 2024. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The...

Amsterdam, 5 February 2024 --- AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that AMG Vanadium has acquired a suite of processing technologies and IP related activities from Transformation Technologies Inc. (“TTI”), a US-based company focused on the creation of green energy, green oil and recyclable metals. TTI has developed a unique technology for thermal treatment of spent catalyst and other oil refinery wastes into valuable products which is...

Amsterdam, 27 December 2023 --- AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that LIVA Power Management Systems GmbH (“LIVA”), a wholly owned subsidiary of AMG Critical Materials N.V. has agreed to acquire the Vanadium Redox Flow Battery (“VRFB”) activities from J.M. VOITH SE & CO. KG (“VOITH”). VOITH has developed a unique technology for controlling and balancing large-scale high-voltage VRFB energy storage systems. The technology...

Amsterdam, 8 November 2023 (Regulated Information) --- AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) reported third quarter 2023 revenue of $369 million, a 13% decrease versus the third quarter of 2022. Third quarter 2023 EBITDA of $54 million decreased 48% compared to the third quarter of 2022. Cash from operating activities was $178 million on a year-to-date basis, compared to $111 million for the first nine months of 2022. In 000’s US dollars Q3 ‘23 Q3 ‘22...

Amsterdam, 1 November 2023 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") will release its third quarter 2023 financial results on Wednesday, November 8, 2023, at approximately 18:00 CET. AMG will host a conference call to discuss its financial results for the third quarter of 2023 at 19:00 CET (18:00 GMT / 1:00PM EST) on Wednesday, November 8, 2023. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The call-in information is...

Amsterdam, 13 September 20 23 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") is proud to announce our partnership with PCC’s TIMET on furnaces for a new, state-of-the-art Titanium melt facility in Ravenswood, West Virginia. The new facility will produce titanium products for the aerospace industry in addition to other business sectors. AMG Engineering was selected to supply the vacuum melting and re-melting furnaces to produce the products. AMG’s scope includes several...

Amsterdam, 17 August 20 23 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announces that AMG Brasil S.A. (“AMG Brazil”), has signed an exclusive memorandum of understanding (“MOU”) with Grupo Lagoa, which operates a pegmatite mine supplying the Portuguese ceramic and glass industry since 1984. The intention of the partnership is to concentrate the lithium minerals contained in the pegmatite to produce commercial grade Spodumene concentrate. To date, we have performed...

Amsterda m, 26 July 20 23 (Regulated Information) --- AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) declares an interim dividend of €0.40 per ordinary share, from an interim dividend of €0.30 per ordinary share in the prior year. The interim dividend of €0.40 per ordinary share, in respect of the period from January 1, 2023 to June 30, 2023, is payable on August 9, 2023 to shareholders of record as of August 1, 2023. The ex-dividend date will be July 31, 2023....

Amsterdam, 26 July 2023 (Regulated Information) --- AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) reported second quarter 2023 revenue of $439 million, a 4% increase versus the second quarter of 2022. Second quarter 2023 EBITDA of $107 million was 32% higher than the second quarter of 2022. In 000’s US dollars Q2 ‘23 Q2 ‘22 Change Revenue $439,319 $424,094 4% EBITDA (1) 107,453 81,126 32% Cash from operating activities 59,975 39,505 52% Net income attributable to...

Amsterdam , 19 July 2023 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") will release its second quarter 2023 financial results on Wednesday, July 26, 2023, at approximately 18:00 CEST. AMG will host a conference call to discuss its financial results for the second quarter of 2023 at 9:00 CEST (8:00 BST / 3:00AM EDT) on Thursday, July 27, 2023. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The call-in information is as...

Amsterdam, 24 May 202 3 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announces its wholly owned subsidiary, AMG Lithium GmbH (“AMG Lithium”), has signed a non-binding memorandum of understanding (“MOU”) with Fortum Battery Recycling Oy (OMX: FORTUM), a Nordic clean energy provider. Fortum’s all new commercial scale hydrometallurgical plant in Harjavalta is able to efficiently recover valuable metals from old electric vehicle lithium-ion batteries while also...

Amsterdam, 4 M ay 20 23 (Regulated Information) --- AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that during its Annual General Meeting held on May 4, 2023, shareholders approved all agenda items presented, including the reappointment of Dr. Heinz Schimmelbusch as Chief Executive Officer and Chairman of the Management Board for an additional term of two years, with effect from May 4, 2023. During the meeting, Professor Steve Hanke and...

Amsterdam, 4 M ay 20 23 (Regulated Information) --- AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that during the Annual General Meeting, held on May 4, 2023, AMG's shareholders approved the payment of a dividend of €0.70 per ordinary share over the financial year 2022. The interim dividend of €0.30, paid on August 10, 2022, was deducted from the amount distributed to shareholders. The final dividend per ordinary share therefore...

Amsterdam, 3 May 2023 (Regulated Information) --- AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) reported first quarter 2023 revenue of $451 million, a 12% increase versus the same period in 2022. First quarter 2023 EBITDA of $118 million was more than double the EBITDA of $55 million for the first three months of last year, and represents an all-time high for AMG’s quarterly EBITDA. In 000’s US dollars Q1 ‘23 Q1 ‘22 Change Revenue $450,590 $403,863 12%...

Amsterdam, 26 April 20 23 --- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") will release its first quarter 2023 financial results on Wednesday, May 3, 2023, at approximately 18:00 CEST. AMG will host a conference call to discuss its financial results for the first quarter of 2023 at 09:00 CEST (08:00 BST / 3:00AM EDT) on Thursday, May 4, 2023. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The call-in information is...