trending Market Intelligence /marketintelligence/en/news-insights/trending/2zqx3jqhyx72gfgkcowuzq2 content esgSubNav
In This List

AMG Vanadium to duplicate Ohio recycling facility

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


AMG Vanadium to duplicate Ohio recycling facility

AMG Advanced Metallurgical Group NV said Oct. 16 that AMG Vanadium LLC completed the feasibility study to replicate its existing Cambridge, Ohio-based recycling facility, which will more than double its capacity to process spent catalysts.

Spent catalyst is a hazardous oil refinery and power plant waste, and the company recycles it into products including ferrovanadium, nickel and molybdenum.

The company's board approved the start of engineering work and is considering several possible locations near AMG Vanadium's existing plant.

Construction is expected to start in mid-2019 and finish in early 2021, resulting in over 35,000 tons of incremental spent catalyst processing capacity and over 6 million pounds of incremental vanadium production capacity. The announced expansion replaces the previously planned 30% expansion of the existing facility.