Amsterdam, 9 July 2015 (Regulated Information) --- AMG Advanced Metallurgical Group N.V. ("AMG") is pleased to announce that AMG Vanadium has received a cash award of more than $500,000 from AEP Ohio, a unit of American Electric Power (NYSE: AEP). The award recognizes AMG's ongoing efforts to reduce energy consumption and CO2 emissions.

https://www.aepohio.com/info/news/viewRelease.aspx?releaseID=1805

AMG will use the cash award to fund energy efficient capital upgrades completed in 2014. The completed upgrades will save approximately 16,000,000 kilowatt-hours per year and have estimated annual savings of approximately $1,000,000.

Located in Cambridge, Ohio, AMG Vanadium specializes in the environmentally beneficial conversion of oil refinery and power plant waste products into specialty metals used by global steel producers in automotive, energy transmission and infrastructure applications. By using materials that would otherwise be discarded as waste, AMG Vanadium encourages environmental stewardship, energy conservation and resource recovery.