Amsterdam, 27 July 2026(Regulated Information) --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") is pleased to confirm the transaction initially announced on May 14, 2026 to acquire the remaining c. 71% ownership interest in Zinnwald Lithium Plc. has been successfully completed as of July 27, 2026 in accordance with the announced terms. The Zinnwald Lithium shares are expected to be converted into AMG shares and credited to Zinnwald shareholders between July 29, 2026, and August 10, 2026.
"With the closing of the acquisition, our near-term focus will be on reviewing, redefining, and advancing the project. Collaboration with the relevant communities and stakeholders who are involved with the project is an essential part of this journey. As communicated earlier, this phase will take approximately 18-24 months," said Dr. Stefan Scherer, CEO of AMG Lithium GmbH. "We remain highly convinced that by rightsizing the initial project scope and applying our mining experience, combined with innovative process technology, we will significantly improve the project's environmental footprint and operating cost position."
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
This press release contains regulated information as defined in the Dutch Financial Markets Supervision Act (Wet op het financieel toezicht).
About AMG
AMG's mission is to provide critical materials and related process technologies to advance a less carbon-intensive world. To this end, AMG is focused on the production and development of energy storage materials such as lithium, vanadium, and tantalum. In addition, AMG's products include highly engineered systems to reduce CO2 in aerospace engines, as well as critical materials addressing CO2 reduction in a variety of other end use markets.
AMG's Lithium segment spans the lithium value chain, reducing the CO2 footprint of both suppliers and customers. AMG's Vanadium segment is the world's market leader in recycling vanadium from oil refining residues, spanning the Company's vanadium, titanium, and chrome businesses. AMG's Technologies segment is the established world market leader in advanced metallurgy and provides equipment engineering to the aerospace engine sector globally. It serves as the engineering home for the Company's fast-growing LIVA batteries, NewMOX SAS formed to span the nuclear fuel market, and spans AMG's mineral processing operations in graphite and antimony.
With approximately 3,600 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the United States, China, Mexico, Brazil, India, and Sri Lanka, and has sales and customer service offices in Japan (www.amg-nv.com).
For further information, please contact:
Investor enquiriesPress enquiries Other enquiries
AMG Critical Materials N.V.AMG Lithium B.V.
Thomas SwobodaUlrich Stockheim
tswoboda@amg-nv.com press@amg-lithium.com
+49 176 1000 73 14+ 49 173 299 3545
Disclaimer
Certain statements in this press release are not historical facts and are "forward looking." Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information. When used in this press release, the words "expects," "believes," "anticipates," "plans," "may," "will," "should," and similar expressions, and the negatives thereof, are intended to identify forward looking statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. These forward-looking statements speak only as of the date of this press release. AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward-looking statement is based.
Attachment
- Zinnwald Acquisition Closing Press Release
