AMG Advanced Metallurgical Group

AMG Advanced Metallurgical Group N.V. signed a definitive agreement to acquire the assets of International Specialty Alloys (ISA), a producer of titanium master alloys, from Kennametal, Inc. The transaction is expected to close in Q4 2019.

AMG Vanadium broke ground on a new spent catalyst recycling plant in EastPointe Business Park near Zanesville, Ohio. The plant will double spent catalyst recycling capacity and ferroalloy production, creating approximately 100 new jobs. Phase I completion is expected by end of 2020, with overall completion in 2021.

AMG Vanadium entered into an agreement to supply 7 million pounds of vanadium to a US steel producer over a 2-year period starting January 1, 2019.

AMG approved a $35 million expansion of its spent catalyst recycling operations at its Cambridge, Ohio facility, including a new flue gas desulfurization unit, increasing capacity by 30%.

AMG Vanadium signed a long-term multi-year agreement with an existing customer to process and recycle spent catalysts from a major oil refinery in North America.