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AMG Advanced Metallurgical Group N.V. Reports Second Quarter 2021 Results

AMG Advanced Metallurgical Group N.V. Reports Second Quarter 2021 Results
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Investegate |AMG Advanced Metallurgical Gro Announcements | AMG Advanced Metallurgical Gro: AMG Advanced Metallurgical Group N.V. Reports Second Quarter 2021 Results

Investegate |AMG Advanced Metallurgical Gro Announcements | AMG Advanced Metallurgical Gro: AMG Advanced Metallurgical Group N.V. Reports Second Quarter 2021 Results
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Investegate |AMG Advanced Metallurgical Gro Announcements | AMG Advanced Metallurgical Gro: AMG Advanced Metallurgical Group N.V. Update on Long-term Financial Target

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1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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AMG Advanced Metallurgical Group N.V. Update on Long-term Financial Target

AMG Advanced Metallurgical Group N.V. Update on Long-term Financial Target
(Regulated Information)
- AMG Advanced Metallurgical Group N.V. ( AMG , EURONEXT AMSTERDAM: AMG ) is pleased to announce that during its Annual Meeting held virtually on May 6, 2021, Dr. Heinz Schimmelbusch, CEO and Chairman of the Management Board, presented a comprehensive update on the Company s strategic growth projects, including guidance on AMG s long-term financial target.
Based on the growth opportunities that exist throughout AMG s portfolio, in particular AMG Clean Energy Materials spent catalyst recycling expansion and lithium value chain projects, AMG expects to deliver an EBITDA level of $350 million, or more, in the next five years or less. ....

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AMG Advanced Metallurgical Group N.V. Reports First Quarter 2021 Results

AMG Advanced Metallurgical Group N.V. Reports First Quarter 2021 Results
Coronavirus Update
As of today, out of over 3,000 employees we have 9 active confirmed coronavirus cases globally. AMG has not experienced any coronavirus related fatalities, and our current cases have not resulted in a facility closure or operational interruption. AMG continues to implement preventive measures such as practicing social distancing, remote working when possible, and restrictions on travel to protect the health and safety of our employees.
Strategic Highlights
The construction of AMG s second ferrovanadium plant in Zanesville, Ohio is proceeding as planned. As of April 22, 2021, AMG Vanadium had committed $257 million in construction and engineering contracts. All significant contracts for the project have now been committed and signed. ....

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