AMG subsidiary Graphit Kropfm?announces natural graphite joint venture

(Thomson Reuters ONE) - Amsterdam, 9 February 2010 --- AMG Advanced Metallurgical Group N.V.'s ("AMG,"EURONEXT AMSTERDAM: "AMG") 79.5% owned subsidiary, Graphit Kropfm?("GraphitKropfm?"; DEUTSCHE B?: GKR) announced today that it is entering into anatural graphite joint venture with Extrativa / Grafite do Brasil, BeloHorizonte Minas Gerais, Brazil and REP Minerals, Sao Paulo, Brazil.  GraphitKropfm?and Extrativa each will own 49% and REP Minerals will own 2%.The joint venture will secure raw materials for Graphit Kropfm? and it willmanufacture and sell natural graphite for high-quality applications in Braziland for certain export sectors.  This joint venture will expand GraphitKropfm?'s international presence and secure additional raw materials forfuture growth.Extrativa/Grafite do Brasil has natural graphite deposits and processing plantsin Bahia, Brazil and is currently a supplier of graphite products to theBrazilian market.  REP Minerals is currently a sales agent of Graphit Kropfm?AG in Brazil and has extensive experience in the marketing of mineral and metalpowders.The joint venture is expected to be operational in the 2nd quarter of 2010.About AMGAMG, incorporated in the Netherlands, is a global leader in the production ofhighly engineered specialty metal products and advanced vacuum furnace systems.AMG serves growing industries worldwide with its unique combination ofmetallurgical engineering expertise and production know-how.  AMG is a marketleader in many of its products and systems, which are critical to the productionof key components for the aerospace, energy (including solar and nuclear),infrastructure and specialty chemicals and metals industries.  AMG has twooperating units - Advanced Materials and Engineering Systems, and owns interestsin publicly-listed companies Graphit Kropfm?AG (Deutsche B?: GKR.DE) andTimminco Limited (TSX: "TIM").The Advanced Materials Division develops and produces niche specialty metals andcomplex metals products, many of which are used in demanding, safety-critical,high-stress environments.  AMG is one of a limited number of significantproducers globally of niche specialty metals, such as ferrovanadium,ferronickel-molybdenum, aluminum master alloys and additives, chromium metal andferrotitanium, used by steel, aluminum, chemical and superalloy producers foraerospace, automotive, energy, electronics, optics, chemicals, construction andother applications.  Other key products produced by AMG include specialty alloysfor titanium and superalloys, coating materials, tantalum and niobium oxides,vanadium chemicals and antimony trioxide.The Engineering Systems Division designs, engineers and produces advanced vacuumfurnace systems and operates vacuum heat treatment facilities.  AMG is a globalleader in supplying technologically-advanced vacuum furnace systems to customersin the aerospace, energy (including solar and nuclear), transportation,electronics, superalloys and specialty steel industries.  Examples of furnacesystems produced by AMG include vacuum remelting, solar silicon melting andcrystallization, vacuum induction melting, vacuum heat treatment and highpressure gas quenching, vacuum precision casting, turbine blade coating andsintering.  AMG also provides vacuum case-hardening heat treatment services on atolling basis to customers through facilities equipped with vacuum heattreatment furnaces.Graphit Kropfm?AG is a majority controlled, publicly listed subsidiary ofAMG.  Based on its secure raw material sources in Africa, China and Europe,Graphit Kropfm?is a specialist in the production of silicon metal and theextraction, processing and refining of natural crystalline graphite for a widerange of energy saving industrial applications.Timminco Limited is a publicly listed affiliate of AMG.  Timminco is a leader inthe production of upgraded metallurgical silicon for the rapidly growing solarphotovoltaic energy industry.   Timminco also produces silicon metal for use ina broad range of industrial applications.AMG operates globally with production facilities in Germany, the United Kingdom,France, Czech Republic, the United States, Canada, Mexico, Brazil, Sri Lanka andAustralia and also has sales and customer service offices in Belgium, Russia,China and Japan (website: www.amg-nv.com).For further information please contact:AMG Advanced Metallurgical Group N.V.      +1 610 975 4901Jonathan CostelloVice President of Corporate Communicationsjcostello(at)amg-nv.com DisclaimerCertain statements in this press release are not historical facts and are"forward looking."  Forward looking statements include statements concerningAMG's plans, expectations, projections, objectives, targets, goals, strategies,future events, future revenues or performance, capital expenditures, financingneeds, plans and intentions relating to acquisitions, AMG's competitivestrengths and weaknesses, plans or goals relating to forecasted production,reserves, financial position and future operations and development, AMG'sbusiness strategy and the trends AMG anticipates in the industries and thepolitical and legal environment in which it operates and other information thatis not historical information.  When used in this press release, the words"expects," "believes," "anticipates," "plans," "may," "will," "should," andsimilar expressions, and the negatives thereof, are intended to identify forwardlooking statements.  By their very nature, forward looking statements involveinherent risks and uncertainties, both general and specific, and risks existthat the predictions, forecasts, projections and other forward lookingstatements will not be achieved.  These forward looking statements speak only asof the date of this press release.  AMG expressly disclaims any obligation orundertaking to release publicly any updates or revisions to any forward lookingstatement contained herein to reflect any change in AMG's expectations withregard thereto or any change in events, conditions, or circumstances on whichany forward looking statement is based.[HUG#1382487] AMG subsidiary Graphit Kropfm?announces natural graphite joint venture: http://hugin.info/138060/R/1382487/341355.pdf

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Datum: 09.02.2010 - 12:38 Uhr
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