AMG subsidiary Graphit Kropfmühl announces natural graphite joint venture

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Overig advies 09/02/2010 19:38
Amsterdam, 9 February 2010 --- AMG Advanced Metallurgical Group N.V.'s ("AMG," EURONEXT AMSTERDAM: "AMG") 79.5% owned subsidiary, Graphit Kropfmühl ("Graphit Kropfmühl"; DEUTSCHE BöRSE: GKR) announced today that it is entering into a natural graphite joint venture with Extrativa / Grafite do Brasil, Belo Horizonte Minas Gerais, Brazil and REP Minerals, Sao Paulo, Brazil. Graphit Kropfmühl and Extrativa each will own 49% and REP Minerals will own 2%.

The joint venture will secure raw materials for Graphit Kropfmühl, and it will manufacture and sell natural graphite for high-quality applications in Brazil and for certain export sectors. This joint venture will expand Graphit Kropfmühl's international presence and secure additional raw materials for future growth.

Extrativa/Grafite do Brasil has natural graphite deposits and processing plants in Bahia, Brazil and is currently a supplier of graphite products to the Brazilian market. REP Minerals is currently a sales agent of Graphit Kropfmühl AG in Brazil and has extensive experience in the marketing of mineral and metal powders.

The joint venture is expected to be operational in the 2nd quarter of 2010.




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