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

Specialty metals and chemicals
The specialty chemicals industry was valued at $393 billion
in 2009. China’s specialty chemicals market is expected to
grow at 9% annually over the next five years. 1
Utilizing its extensive background in metals based material technologies, AMG
produces innovative specialty metals and chemicals for a wide variety of applications.
AMG focuses on securing the raw materials to create intermediate products
that enhance the performance of our customer’s end products while promoting
sustainable development.
Over the last century AMG’s predecessor companies have been developing the “next
generation” materials to improve the quality of life and spur innovation. Specifically,
AMG is focused on producing customized metallurgical solutions that meet the
market’s exacting demands. AMG has secure raw material supplies for two of
its critical materials used in the specialty metal and chemical markets. These
two materials—tantalum and antimony—are listed as “critical” by the European
Commission due to supply risk and economic importance.
Included in AMG’s product portfolio is tantalum, a material used as a capacitor
in electronics due to its high capacitance that can be achieved in a small volume,
thus helping enable miniaturization of electronics. Demand and pricing of tantalum
has increased substantially in recent years due to the significant use of tantalum
for electronic capacitors in high tech electronic goods. Tantalum is vital in making
smart phones, tablets and computers smaller, faster, and more efficient. AMG is
the world’s largest producer of “conflict free” tantalum, as described in the United
States “Conflict Minerals Law”, enacted in July 2010. This law requires U.S. listed
companies to report and make public the use of so-called “conflict minerals” from
the Democratic Republic of the Congo or adjoining countries in their products. AMG
produces tantalum concentrate from its MIBRA mine in Brazil.
AMG also produces antimony trioxide, a flame retardant used in a number of specialty
chemical applications including plastics, textiles and infrastructure applications. In
2010 AMG acquired significant antimony mining rights and an adjacent antimony
metal smelter in Turkey. Antimony metal is the feedstock used to produce antimony
trioxide and over 90% of the world’s antimony metal is currently produced in China.
This investment will help secure AMG’s raw material supply.
$357.8M 36% $42.3M 12%
AMG revenue of total AMG
revenue
18 Market Focus Report | Specialty Metals and Chemicals
gross profit gross margin
Antimony—used as
a flame retardant
in textiles
V
Sb
Vanadium—
used to improve
UV absorption
in glass