05.12.2012 Views

C Si Ni Cr V Ti Ta Sc Li Sr Zr Fe Cu Zn Sn B Al Ce U Mn Mo Nb Sb

C Si Ni Cr V Ti Ta Sc Li Sr Zr Fe Cu Zn Sn B Al Ce U Mn Mo Nb Sb

C Si Ni Cr V Ti Ta Sc Li Sr Zr Fe Cu Zn Sn B Al Ce U Mn Mo Nb Sb

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

In recent years, technological innovation, growth in clean energy,<br />

increased focus on strategic resource management and the<br />

development of emerging markets has increased the demand on<br />

raw materials. In addition, geopolitical/economic changes are<br />

impacting the supply of critical raw materials.<br />

AMG: <strong>Cr</strong>itical, Secure, Connected<br />

AMG’s long-term goal remains unchanged: to provide metallurgical solutions to the growing<br />

trend of sustainable development of natural resources and CO 2 reduction for the Energy, Aerospace,<br />

Infrastructure and Specialty Metals and Chemicals markets. The demand on critical raw<br />

materials and technologies needed to meet this goal is increasing. Structural changes involving<br />

infrastructure growth in emerging economies, natural resource scarcity and control, increasing<br />

demand for safe and secure environmentally responsible energy production and demand for<br />

more fuel efficient transportation continue to evolve. AMG, through vertical integration, seeks to<br />

secure many of the critical materials required to serve these growing end markets. AMG’s unique<br />

market position, with a combination of vacuum technology leadership, recycling services, conversion<br />

activities, and mines, is well positioned to capitalize on the long-term growth of critical raw<br />

materials and technologies.<br />

EU <strong>Cr</strong>itical Raw Materials<br />

The European Union (EU) issued the “<strong>Cr</strong>itical Raw Materials for the EU” 1 report (“EU Report”) in<br />

June 2010. The EU Report noted that “the EU is highly dependent on imports of ‘high tech’ metals<br />

such as cobalt, platinum, rare earths, and titanium. Such materials play an essential role in the<br />

development of innovative ‘environmental technologies’ for boosting energy efficiency and reducing<br />

greenhouse gas emissions. The EU Report concluded that some raw materials can be considered<br />

to be particularly critical, because of three reasons: their significant economic importance<br />

for key sectors, high supply risks and lack of substitutes”.<br />

AMG’s Secure Supply<br />

AMG believes that its MIBRA mine in Brazil is presently the world’s largest producer of “conflict<br />

free” tantalum, as described in the United States “Conflict Minerals Law”, enacted in July 2010.<br />

This law requires U.S. listed companies to report and make public the use of so-called “conflict<br />

minerals” from the Democratic Republic of the Congo or adjoining countries in their products.<br />

<strong>Ta</strong>ntalum is primarily used in capacitors for electronic equipment due to its high capacitance that<br />

can be achieved in a small volume, thus helping enable miniaturization of electronics.<br />

Through its secure contracts with producers of oil from the Canadian Oil Sands, AMG is the<br />

world’s largest recycler of spent catalysts used for the production of ferrovanadium and ferronickel-molybdenum.<br />

<strong>Fe</strong>rrovanadium is a key component in the production of carbon steel used for<br />

infrastructure. <strong>Fe</strong><strong>Ni</strong><strong>Mo</strong>ly ® is used to create high quality stainless steel and special bar quality steel.<br />

In 2010 AMG acquired significant antimony mining rights and an adjacent antimony metal smelter<br />

in Turkey. The acquisition secured a significant supply of antimony metal used in AMG’s antimony<br />

trioxide operation for the specialty chemical flame retardant market.<br />

Natural graphite from AMG’s mine in <strong>Sr</strong>i Lanka is used to produce a wide variety of products<br />

including insulation for infrastructure and electric motors for transportation.<br />

1 Ad-hoc Working Group on defining critical raw materials <strong>Cr</strong>itical raw materials for the EU The ad-hoc Working<br />

Group is a sub-group of the Raw Materials Supply Group and is chaired by the European Commission.<br />

8 AMG: <strong>Cr</strong>itical, Secure, Connected

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!