AMG specializes in lithium and vanadium production for battery technology. They produce high-quality lithium materials in Brazil for lithium-ion batteries and have developed LIVA, a hybrid energy storage system combining lithium-ion and vanadium redox flow technology. They also have a solid-state battery pilot plant in Frankfurt, Germany, focused on next-generation battery R&D.
AMG’s products include lithium-containing materials for energy storage, spodumene concentrate from their Brazilian plant, and the LIVA hybrid energy storage system. They focus on innovative battery materials and solid-state battery development through their dedicated facilities.
Notable projects include AMG’s 2024 corporate restructuring into AMG Lithium, AMG Vanadium, and AMG Technologies. Expansion of the Brazilian lithium concentrate plant is underway, increasing capacity to 130,000 tons by late 2024. AMG Brazil partnered with Grupo Lagoa to develop commercial-grade spodumene from a pegmatite mine.
Key investors include CEO Heinz Schimmelbusch with 3.5% stake, Norges Bank Investment Management with 2.4% stake, Eric Emil Jackson with 1.1% stake, BNP Paribas Asset Management Belgium SA with 0.5% stake, and AMG Lithium BV as a major shareholder in Savannah Resources Plc to control lithium resources.
