Amg Critical Materials N.v. · EURONEXT:AMG
Amg Critical Materials — AMG Advanced Metallurgical Group — Berenberg SDG Conference 2021
25 slides from Amg Critical Materials's conference presentation, April 2021
Slide 1: Enabling the Circular Economy
ENABLING THE CIRCULAR ECONOMY BERENBERG SDG CONFERENCE | APRIL 2021 AMG ADVANCED METALLURGICAL GROUP N.V.
Slide 2: Table of Contents
TABLE OF CONTENTS CO2 Reduction 3 AMG at a Glance 4 AMG Business Segments 5 Critical Raw Materials 7 Safety Performance 8 Market Trends 9 Reporting on the SDGs 12 ECO2RP Summary 20 Financials 21
Slide 3: Leader in Advanced Technologies to Address CO2 Reduction
LEADER IN ADVANCED TECHNOLOGIES TO ADDRESS CO2 REDUCTION CO REDUCTION 2 A GLOBAL IMPERATIVE FOR THE 21ST CENTURY 2020 56.6* 2019 67.8 AMG: 50.8 ENABLING TECHNOLOGIES Products and processes saving CO2 emissions during use (e.g., light-weighting 45.6 and fuel efficiency in the aerospace and automotive
Slide 4: AMG at a Glance
AMG AT A GLANCE FY 2020 REVENUE 23% Critical 40% Europe 40% Transportation Minerals BY BY END 22% Specialty Metals BY 32% North America 51% Critical & Chemicals SEGMENT Materials MARKET REGION Technologies 20% Infrastructure 23% Asia 26% Clean Energy 18% Energy Materials 5% ROW AMG IS A GLOBAL SUPPL
Slide 5: AMG Business Segments: Clean Energy Materials and Critical Minerals
AMG BUSINESS SEGMENTS AMG CLEAN ENERGY MATERIALS AMG CRITICAL MINERALS AMG’s mining and recycling business AMG’s conversion and mining business • Vanadium • Silicon Metal • Mineração (Tantalum & Lithium) • Graphite • Aluminum (Master Alloys) • Antimony 12% 35% Specialty Metals Specialty Metals 32% T
Slide 6: AMG Business Segments: Critical Materials Technologies and ECO2RP
AMG BUSINESS SEGMENTS AMG CRITICAL MATERIALS AMG ECO2RP TECHNOLOGIES AMG’s titanium alloys, vacuum systems AMG’s virtual business and services business • Ferrovanadium • Titanium Alloys • Vanadium Aluminum • Furnaces • Graphite Heat Insulation • Heat treatment services • Turbine Coating Furnaces • C
Slide 7: Critical Raw Materials: AMG Presence
CRITICAL RAW MATERIALS: AMG PRESENCE US Critical Materials EU Critical Materials • AMG has a unique critical materials Cesium Bismuth portfolio comprising Helium Gallium Cobalt Phosphorus of 9 EU critical Rhenium materials and 10 US Niobium Beryllium Zirconium Fluorspar Coking Coal critical material
Slide 8: Safety Performance
SAFETY PERFORMANCE LOST TIME INCIDENT RATE TOTAL INCIDENT RATE 2013 1.95 3.30 2014 1.19 2.23 2015 1.12 2.02 2016 1.06 1.68 2017 0.82 1.31 2018 0.63 1.26 2019 0.80 1.46 2020 0.62 1.05 • 2020 year-end results demonstrate a 23% improvement in lost time rate and a 28% improvement in total incident rate.
Slide 9: Clean Energy Materials – Market Trends
CLEAN ENERGY MATERIALS – MARKET TRENDS CRITICAL MINERALS MAJOR END MARKETS MARKET TRENDS MAJOR CUSTOMERS INFRASTRUCTURE AMG VANADIUM GROWTH FERROVANADIUM INFRASTRUCTURE FERRONICKEL-MOLYBDENUM VANADIUM REDOX FLOW BATTERIES COMMUNICATIONS & AMG BRAZIL MICRO CAPACITORS, ELECTRONICS TANTALUM & NIOBIUM S
Slide 10: Critical Minerals – Market Trends
CRITICAL MINERALS – MARKET TRENDS CRITICAL MINERALS MAJOR END MARKETS MARKET TRENDS MAJOR CUSTOMERS AMG GRAPHITE EXPANDED POLYSTYRENE ENERGY SAVING NATURAL GRAPHITE (EPS), BATTERY ANODES ENERGY STORAGE AMG ANTIMONY ANTIMONY TRIOXIDE FLAME RETARDANTS PLASTICS ANTIMONY MASTERBATCHES ANTIMONY PASTES AM
Slide 11: Critical Materials Technologies – Market Trends
CRITICAL MATERIALS TECHNOLOGIES – MARKET TRENDS CRITICAL MINERALS MAJOR END MARKETS MARKET TRENDS MAJOR CUSTOMERS AMG TITANIUM ALLOYS FUEL EFFICIENCY TITANIUM MASTER ALLOYS AEROSPACE ENERGY SAVING & COATINGS AMG ENGINEERING AEROSPACE, FUEL EFFICIENCY CAPITAL GOODS AUTOMOTIVE ELECTRONICS (VACUUM FURN
Slide 12: A Focus on Carbon Reduction
A FOCUS ON CARBON REDUCTION ▪ AMG was founded on the basis of a key global trend of energy transformation: clean energy and energy saving demands materials science-based solutions, activating new demand for elements in the periodic table ▪ Our mission is to provide critical materials and related pro
Slide 13: Evolving AMG's Commitment to ESG
EVOLVING AMG’S COMMITMENT TO ESG At AMG we have enacted three main sustainable development objectives ▪ To provide safe working conditions for our employees and be responsible stewards of the environment; ▪ To meet or exceed regulatory standards by engaging in ethical business practices; and ▪ To be
Slide 14: AMG Committed to a Sustainable Future
AMG COMMITTED TO A SUSTAINABLE FUTURE • Lithium from tailings for use in • World leader in turbine blade the advancement of the energy coaters enabling higher battery-grade lithium hydroxide operating temperatures, • Investing in vanadium redox flow dramatically increasing fuel battery technology ec
Slide 15: Affordable and Clean Energy
AFFORDABLE AND CLEAN ENERGY U.N. Target 7.a: Facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology • AMG fully endorses the
Slide 16: Industry, Innovation and Infrastructure
INDUSTRY, INNOVATION AND INFRASTRUCTURE U.N. Target 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes • Creating products that enable our c
Slide 17: Responsible Consumption and Production
RESPONSIBLE CONSUMPTION AND PRODUCTION U.N. Target 12.5: Substantially reduce waste generation through prevention, reduction, recycling and reuse At AMG, we look beyond what other companies view as waste and see potential for waste reduction and new product streams. • That vision is how AMG’s Ferova
Slide 18: Quality Education
QUALITY EDUCATION U.N. Target 4.7: Ensure learners acquire the knowledge and skills needed to promote sustainable development, through education for sustainable development and sustainable lifestyles…” • At AMG we instill a value of empowerment in our employees and are committed to their continued g
Slide 19: Reduced Inequalities
REDUCED INEQUALITIES U.N. Target 10.2: Empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status • AMG is committed to the protection of internationally decreed human rights. • AMG adop
Slide 20: ECO2RP Is the Portfolio of AMG's Products Enabling CO2 Reduction
ECO RP IS THE PORTFOLIO OF AMG’S PRODUCTS ENABLING CO2 2 REDUCTION Products are accepted in ECO2RP only when the enabled CO2 reduction Strict selection criteria effect has been established by a LCA performed by a leading third-party expert AMG’S enabled CO2 emission reductions Rest of AMG ECO2RP Res
Slide 21: Financials
FINANCIALS Lithium Processing, AMG Brazil
Slide 22: FY 2020 at a Glance
FY 2020 AT A GLANCE AMOUNTS IN $M FY 2020 FY 2019 % CHANGE (EXCEPT EARNINGS PER SHARE) • AMG’s results have trended positively Revenue $937.1 $1,188.6 (21%) since Q2 2020. Gross Profit $112.7 $118.3 (5%) • AMG management believes that this Gross Margin % 12.0% 10.0% 20% positive trend will continue
Slide 23: Critical Materials — Full Year and Current Spot Prices
CRITICAL MATERIALS — FULL YEAR AND CURRENT SPOT PRICES AVG AVG APR 12, 2021 AVG ‘20 VS. AVG SPOT VS. AVG MATERIALS 2019 2020 SPOT ‘19 % CHANGE ‘20 % CHANGE Ferrovanadium ($/lb) 1 $21.95 $10.81 $16.20 (51%) 50% Molybdenum ($/lb) $11.43 $8.67 $11.18 (24%) 29% Nickel ($/MT) $13,933 $13,788 $16,220 (1%)
Slide 24: AMG Capital Raise
AMG CAPITAL RAISE AMG raised in excess of €100M to fund €100M+ environmentally sustainable projects in the Clean Energy Materials business Next Generation Battery Technologies Circular Economies Building commercial-scale Building a battery grade lithium Additional spent catalyst recycling Vanadium R
Slide 25: AMG Advanced Metallurgical Group N.V.
VANADIUM,-MOLYBDENUM AND NICKEL—CAMBRIDGE, OHIO &) VANADIUM, MOLYBDENUM AND NICKEL—ZANESVILLE, OHIO This announcement appears as a matter of record. AMG’s LAW: “Everything that can be recycled 4" will be recycled.” TANTALUM, NIOBIUM, AND HAFNIUM AMG ADVANCED METALLURGICAL GROUP N.V. amg-nv.com WH CH
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