AMG Reports First Quarter 2024 Results: Lithium Projects on Schedule

Amsterdam, 7 May 2024(2)   Adjusted EBITDA is defined as EBIT adjusted for depreciation and amortization.(Loss) profit for the period to adjusted EBITDA reconciliation(1)   The Company is in the initial development and ramp-up phases for several strategic expansion projects, including the joint venture with Shell, the LIVA Battery System, and the lithium expansion in Germany, which incurred project expenses during the quarter but are not yet operational. AMG is adjusting EBITDA for these exceptional charges.AMG Critical Materials N.V.Michele Fischer[email protected]
(GlobeNewsWire)