AMG completes Colorminas buyout, focuses on lithium plans
Published: Wednesday, 24 August 2016
The acquisition of full interest in a Brazilian feldspar-producing partnership will streamline the company’s structure so that it can focus on its lithium ambitions.
AMG Mineracao – the Brazilian
subsidiary of Dutch metals producer AMG NV – has
acquired all remaining shares of its unincorporated partnership
with Colorminas in Brazil as it seeks to move towards the
production of lithium.
The Colorminas partnership had been in place since 2003 and
sought to produce and commercialise feldspar from