AMG : Acquires stake of 25% in German lithium prospect Zinnwald
>25% stake in Zinnwald Lithium acquired for c. $16m - AMG has acquired a 25% stake in Zinnwald Lithium, an AIM listed owner of a lithium project in Germany that is aiming for an integrated lithium mine and processing facility with the capacity to manufacture 12kt of battery grade lithium hydroxide in the course of 2026. The cost of acquiring the stake was approximately GBP 12.1m (123m shares at 10.4 pence) or c. $16m, which has no material impact on AMG’s balance shee...AMG Advanced Metaurgical Group NV is a holding company. Through its subsidiaries Co. creates and applies metallurgical solutions to the global trend of sustainable development of natural resources and CO2 reduction. Co. operates in three business segments: the Advanced Materials segment is engaged in the production of specialty metals and alloys; the Engineering Systems segement consists of proprietary technologies for the design and engineering of vacuum furnaces and related equipment used in the production and treatment of metals and alloys; and the Graphit Kropfmuhl's segment extracts, processes and refines natural crystalline graphite
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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