Amg Critical Materials N.v. · EURONEXT:AMG
Amg Critical Materials — Shareholder Meeting (May 2025)
27 slides from Amg Critical Materials's shareholder meeting presentation, May 2025
Slide 1: The Technology of Energy Saving
THE TECHNOLOGY OF ENERGY SAVING CEO Presentation | Annual General Meeting May 2025 AMG CRITICAL MATERIALS N.V. Thermal Barrier Coating for aerospace turbine blades. ALD Vacuum Technologies GmbH (Hanau, Germany) 1
Slide 2: Cautionary Note
CAUTIONARY NOTE This document contains proprietary information and is being provided solely for information purposes by AMG Critical Materials N.V. (The “Company”) and may not be reproduced in any form or further distributed to any other person or published, in whole or in part, for any purpose, exc
Slide 3: Table of Contents
TABLE OF CONTENTS Safety 4 Financials 6 AMG Technologies 8 AMG Lithium B.V. 16 AMG Vanadium B.V. 21 Lithium Hydroxide battery-grade refinery - Bitterfeld, Germany 3
Slide 4: Safety Performance at AMG Over the Last 10 Years
CHART I: SAFETY PERFORMANCE AT AMG OVER THE LAST 10 YEARS 6.00 5.10 5.00 4.60 4.50 4.40 4.40 4.10 3.90 3.90 4.00 3.40 3.00 * 2.02 2.00 1.68 1.46 1.31 1.26 1.05 1.08 0.95 0.90 0.90 1.00 0.00 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total Incident Rate North American Industry Classification S
Slide 5: Zero Incident Performance Is Achievable
CHART II: ZERO INCIDENT PERFORMANCE IS ACHIEVABLE 11.6 Years 40% Record 97% 5+ years since last 11.6 years without 1+ year without lost lost time incident lost time incident time incident in past record held by AMG 5 years Engineering India *30 sites with operating activities 5
Slide 6: 10-Year Adjusted EBITDA, Lithium and Vanadium Prices
CHART III: 10-YEAR ADJUSTED EBITDA, LITHIUM AND VANADIUM PRICES (IN MILLIONS OF US DOLLARS) Lithium Price 400 COMPOUND ANNUAL 5-YEAR 10-YEAR Vanadium Price GROWTH RATE (CAGR) 343 350 350 2024 AMG EBITDA 26% 9% 300 250 217 200 168 150 137 125 121 101 100 76 67 50 0 2015 2016 2017 2018 2019 2020 2021
Slide 7: AMG Share Price vs. Lithium Prices, Lithium Peer and Vanadium Peer
CHART IV: AMG SHARE PRICE VS. LITHIUM PRICES, LITHIUM PEER AND VANADIUM PEER AMG share price (€) Lithium carbonate price $/mt €16.55 $9,745 AMG share price (€) Albemarle share price ($) €16.55 $57.49 AMG share price (€) Largo share price ($) €16.55 $1.41 7
Slide 8: Strong Performance from AMG Technologies
CHART V: STRONG PERFORMANCE FROM AMG TECHNOLOGIES 2024 EBITDA Key Highlights $68M EBITDA (40% of AMG’s total) in 2024 $68M Record performance at AMG $76M 40% Engineering 46% $24M Outstanding AMG Antimony 14% results AMG Technologies AMG Lithium AMG Vanadium 8
Slide 9: AMG Engineering 5-Year Order Intake
CHART VI: AMG ENGINEERING 5-YEAR ORDER INTAKE AMG Engineering Order Intake 400 380 350 350 300 282 250 228 $M 209 200 150 16% 100 CAGR 50 0 2020 2021 2022 2023 2024 9
Slide 10: The Technology of Energy Saving
CHART VII: THE TECHNOLOGY OF ENERGY SAVING Consumption Technology Greenhouse Gas GDP Energy Emissions * Emissions = Population X Population X GDP X Energy Affluence Energy Carbon Intensity Intensity Clean Energy & Energy Energy Saving Storage AMG Critical Materials N.V. AMG Lithium B.V. AMG Technolo
Slide 11: Thermal Barrier Coating (TBC)
CHART VIII: THERMAL BARRIER COATING (TBC) 11
Slide 12: Thermal Barrier Coating – The History and the Future
CHART IX: THERMAL BARRIER COATING (TBC) – THE HISTORY AND THE FUTURE Source: Praxair 12
Slide 13: The Global Footprint of AMG Technologies
CHART X: THE GLOBAL FOOTPRINT OF AMG TECHNOLOGIES Eng Hanau GERMANY C Si HTS Limbach Port Huron HTS GERMANY (MI), USA GERMANY FRANCE U.S.A. Eng East Windsor Chauny CHINA Sb C (CT), USA FRANCE MEXICO Eng Grenoble INDIA Eng HTS Suzhou FRANCE CHINA Mumbai Eng INDIA HTS Mexico City MEXICO SRI LANKA C 20
Slide 14: The NewMOX Initiative
CHART XI: THE NEWMOX INITIATIVE AMG is the leader in Mixed Oxide (MOX) technology The latest plant was built in China in 2024 MOX Formula MOX = (U1-x, Pux)O2 Uranium oxide: UO2 Plutonium oxide: PuO2 X: the relative fraction of plutonium MOX is produced by mixing UO2 and PuO2 powder and forming the m
Slide 15: AMG's Strategy – Transformational Initiatives
CHART XII: AMG’S STRATEGY – 3 TRANSFORMATIONAL INITIATIVES Create the leading transatlantic lithium company Create the world’s number one vanadium circular company Respond to the enormous global demand of stationary batteries with LIVA 15
Slide 16: The AMG Lithium B.V. Value Chain (Highway)
CHART XIII: THE AMG LITHIUM B.V. VALUE CHAIN (HIGHWAY) Frankfurt Li Bitterfeld Li GERMANY GERMANY GERMANY PORTUGAL Lisbon Li PORTUGAL BRAZIL 2023 2024 Li Ta Nb Minas Gerais Sales $421M $186M BRAZIL EBITDA $237M $24M LITHIUM Li Lithium Ta Tantalum Nb Niobium Li BG Lithium Hydroxide 16
Slide 17: AMG Lithium Bitterfeld Refinery
CHART XIV: AMG LITHIUM BITTERFELD REFINERY 17
Slide 18: Mibra Mine Expansion
CHART XV: MIBRA MINE EXPANSION 18
Slide 19: Zinnwald and Savannah
CHART XVI: ZINNWALD AND SAVANNAH Zinnwald Ownership Savannah Resources Ownership Largest Individual Shareholder 19
Slide 20: AMG Lithium B.V.'s 10-Year Strategic and Financial Trajectory
CHART XVII: AMG LITHIUM B.V.’S 10-YEAR STRATEGIC AND FINANCIAL TRAJECTORY Lithium Pilot Lithium Lithium Tantalum Refinery / Zinnwald Expansion / Plant Expansion Laboratory Partnership Savannah 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EBITDA 300 Total (2015-2024) 200 $485M $M 100 - 2015 2016
Slide 21: The Global Footprint of AMG Vanadium B.V.
CHART XVIII: THE GLOBAL FOOTPRINT OF AMG VANADIUM B.V. U.K. Ti Nuremberg Germany Rotherham Cr U.K. GERMANY V U.S.A. Cr Ti New Castle U.S.A. (PA), USA KSA Mo V Ni Cambridge & Zanesville (OH), USA V IK Supercenter Jubail, KSA 2023 2024 Sales $703M $626M EBITDA $81M $76M VANADIUM V Ferrovanadium Ti Tit
Slide 22: Vanadium Electrolyte Plant
CHART XIV: VANADIUM ELECTROLYTE PLANT 22
Slide 23: Zanesville, Ohio
CHART XX: ZANESVILLE, OHIO 23
Slide 24: Supercenter – Phase I
CHART XXI: SUPERCENTER – PHASE I 24
Slide 25: AMG LIVA Batteries - Wipotec GmbH
CHART XXII: AMG LIVA BATTERIES - WIPOTEC GMBH 25
Slide 26: ESG
CHART XXIII: ESG AMG Supervisory Board AMG Management Board EVP, Corporate Business Units Governance EVP, Human Resources Other EVP, Strategic Projects and Engineering 26
Slide 27: Everything that can be recycled will be recycled
LITHIUM HYDROXIDE – BITTERFELD, GERMANY LIVA BATTERY LITHIUM LAB MINAS GERAIS – BRAZIL LITHIUM TAILINGS This announcement appears as a matter of record. ENGINEERING – HANAU, GERMANY AMG’s LAW: “Everything that can be recycled will be recycled.” MELTSHOP – ZANESVILLE, OHIO AMG Critical Materials N.V.
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