AMG Advanced Metallurgical Group N.V. Announces Additions to the Management Team of AMG Mineracao
February 27, 2019 at 09:35 am EST
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AMG Advanced Metallurgical Group N.V. announced that Dr. Stefan Scherer has joined AMG as the Chief Commercial Officer ("CCO") of AMG Mineracao BV. Dr. Scherer has over 20 years of experience in the specialty, fine chemical and lithium industries in various operational and management positions. The Management Board of AMG Mineracao BV will be comprised of Fabiano Costa as CEO, who will continue his current role as the CEO of company's Brazilian operations, Dr. Scherer as CCO, and Michael Connor as CFO, who will continue his current role as AMG's Corporate Controller. As CCO of AMG Mineracao, Dr. Scherer will also oversee company's newly established laboratory in Hochst, Germany. Dr. Scherer will be supported by Dr. Martin Janssen, Dr. Vera Nickel, and Dr. Hannes Vitze, all three of whom have vast experience in research and development of lithium-based materials. This research team and laboratory will support company's lithium operations in Brazil as well as company's downstream lithium chemical strategy.
AMG Critical Materials N.V. specializes in the fabrication of specialty metals and vacuum furnace systems for the aerospace, electronics, optical, chemical, construction, and transportation industries. Net sales break down by family of products as follows:
- metals and advanced materials (58.6%): aluminum alloys, magnesium alloys, silicon metal, chromium metal, tantalum oxides, titanium, vanadium chemical products, aluminum powders, coatings, etc.;
- vacuum furnace systems (41.4%): injection furnaces, casting furnaces, crystallization furnaces, carburizing furnaces, etc. The group also offers vacuum heat-treating services.
Net sales are distributed geographically as follows: the Netherlands (1%), United States (27.7%), China (26%), Germany (8.6%), France (5.2%), Brazil (3.6%), United Kingdom ( 3.5%), Italy (2.9%), Japan (2.8%), Canada (2.7%), India (2.4%), Thailand (1.6%), Mexico (1.4%), Austria (1. 3%), and others (9.3%).
AMG CRITICAL MATERIALS N.V. 
