AMG ADVANCED METALLURGICAL GROUP NV (GB:0LO9) has released an update.
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AMG Critical Materials N.V. reported stable third-quarter results despite challenging market conditions, with a revenue of $356 million and an EBITDA of $40 million, thanks to a strong performance in the AMG Technologies segment. The company is advancing its growth projects, including the expansion of its lithium concentrate plant and the opening of Europe’s first lithium hydroxide refinery, positioning itself for future profitability as market conditions improve. AMG also maintains strong liquidity with $472 million available, supporting its strategic initiatives.
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