AMG sell equity in high value graphite assets to Alterna Capital Partners for $38m
Published: Wednesday, 24 December 2014
AMG have been a company to watch for a while as they hold several interesting smaller projects as well as its bread-and-butter processing and established graphite mines. The new deal sees the company reducing their debt and underlines a commitment to the market from a fund, which in these times, is significant in itself.
Graphite producers and processors
AMG Advanced Metallurgical Group are selling a 40% stake in
its AMG Graphit Kropfmühl GmbH business and a 10%
stake in its Sri Lankan Bogala Graphite Lanka Plc offering to
Alterna Capital Partners for $38m.
The transaction is expected to close during the first