Amsterdam, 11 March 2011 (Regulated Information) --- AMG Advanced Metallurgical Group N.V. ("AMG," EURONEXT AMSTERDAM: "AMG") through its Advanced Materials Division, entered into supply agreements with traditional customers for all of its tantalum concentrate production through the end of 2012 at fixed prices based upon the current market price of tantalum.

The deliveries under these agreements will commence in stages, beginning in the second quarter of 2011, from AMG's Brazilian operations. AMG's MIBRA mine in Brazil is one of the world's largest and most cost efficient tantalum mines and has 30 years of indicated and estimated tantalum resources. AMG is also evaluating steps to improve the production capability of the MIBRA mine through additional exploration and debottlenecking activities. AMG believes that its MIBRA mine is presently the world's largest producer of "conflict free" tantalum.

In July 2010 The United States enacted the "Conflict Minerals Law", which 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. In a June 2010 report, The Raw Materials Supply Group chaired by the European Commission declared that tantalum is a "critical raw material", due to economic importance, potential supply risks and lack of substitutes.

Tantalum is primarily used in capacitors for electronic equipment due to its high capacitance that can be achieved in a small volume, thus helping enable miniaturization of electronics.