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AMG LIVA to Install Hybrid Energy Storage System Battery at Aramco Site

MWN-AI** Summary

AMG Critical Materials N.V. announced on January 26, 2026, that its subsidiary, AMG LIVA, will implement a Hybrid Energy Storage System (Hybrid ESS) at Aramco’s Bulk Plant in Tabuk, Saudi Arabia. This innovative system integrates Lithium-Ion and Vanadium Redox Flow batteries, enhanced by artificial intelligence to optimize performance, safety, reliability, and longevity. The Hybrid ESS will complement an existing solar power facility at the same site, emphasizing its role in reducing carbon emissions and enabling energy independence from the grid.

This project aligns with Saudi Arabia's Vision 2030, which focuses on minimizing carbon footprints and promoting renewable energy deployment. Moreover, it supports the IK Metals Reclamation and Catalyst Manufacturing Project, known as the IK Supercenter. This partnership, involving Shell and AMG Recycling B.V. in conjunction with United Company for Industry (UCI), aims to create a mega recycling facility that will focus on processing metals, including vanadium concentrate from spent catalysts. The recycling strategy is designed to be more environmentally friendly compared to traditional mining, effectively lowering CO2 emissions associated with material production.

The IK Supercenter will also house a vanadium electrolyte production plant, catering to the burgeoning vanadium flow battery market within the Kingdom. AMG's commitment to sustainability is evident through its focus on essential materials like lithium and vanadium while advancing CO2 reduction technologies across various sectors, including aerospace and energy storage.

With 3,600 employees and a global presence, AMG emphasizes its engineering capabilities and its role in promoting a sustainable and carbon-neutral future. The company remains focused on leveraging its expertise to foster environmentally responsible practices in energy and materials production.

MWN-AI** Analysis

AMG LIVA's recent announcement regarding the installation of its Hybrid Energy Storage System (Hybrid ESS) at Aramco's Bulk Plant in Tabuk marks a significant step forward in the renewable energy landscape in Saudi Arabia. As a financial analyst, there are several points to consider for market participants regarding this development.

First, the integration of Lithium-Ion and Vanadium Redox Flow batteries represents a substantial technological advancement. This hybrid approach not only enhances energy storage capabilities but also aligns with global trends towards lower carbon emissions and energy independence. Investors should recognize that this positions AMG LIVA as a strong contender in the increasingly competitive energy storage market.

Second, the partnership with Aramco underscores the strategic importance of collaborating with established industry leaders. This not only provides AMG with a robust customer base but also aligns the company with the Kingdom's 2030 Vision, which is focused on sustainability and reduced environmental impact. As global demand for clean energy continues to rise, this project could serve as a reference model for future contracts with other energy stakeholders, potentially leading to lucrative opportunities.

Moreover, with the IK Supercenter initiative, AMG is not just focusing on energy storage, but also on recycling and circular economy principles. This dual focus can attract environmentally-conscious investors who prioritize sustainability in their portfolios. The entity's capability to recycle vanadium from spent catalysts solidifies AMG's value chain and positions it well amid growing regulatory pressures for sustainable practices.

In conclusion, AMG LIVA’s move to install the Hybrid ESS is a strategically sound decision with promising implications for growth and sustainability. Investors should closely monitor AMG’s developments, as successful execution of this initiative could lead to a robust return on investment while contributing positively to global carbon reduction efforts.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Amsterdam, 26 January 2026 --- AMG Critical Materials N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announces that its subsidiary, AMG LIVA, will install its industrial battery, namely the Hybrid Energy Storage System (“Hybrid ESS”), at Aramco’s Bulk Plant in Tabuk, Saudi Arabia. LIVA’s Hybrid ESS is an ecosystem combining Lithium-Ion and Vanadium Redox Flow batteries (“VRFB”) with artificial intelligence routines and self-learning algorithms to help increase efficiency, safety, reliability, and lifetime of the batteries. The Hybrid ESS will be integrated into an existing solar plant at Aramco’s facility in Tabuk.

Showcasing that LIVA’s Hybrid ESS can help reduce the carbon emissions of the energy supply and potentially support independence from the grid at any time of the day is aimed at supporting the Kingdom’s 2030 Vision in advancing carbon emissions reduction goals, increasing the deployment of renewable energy, and enhancing energy storage capabilities.

This initiative compliments the strategy contemplated by the IK Metals Reclamation and Catalyst Manufacturing Project, referred to as “IK Supercenter.” The IK Supercenter is a mega recycling facility and, pursuant to a joint venture between Shell & AMG Recycling B.V. together with their local partner, the United Company for Industry (UCI), the Advanced Circular Materials Company was formed to build the IK Supercenter. This facility aims to target the recycling of metals, including vanadium concentrate from spent catalysts, and gasification ashes from Aramco’s Jazan Integrated Gasification Combined Cycle Plant. The recycling approach of the facility helps reduce the carbon emissions of the active material compared to a classic mining process. The IK Supercenter is set to include a vanadium electrolyte production plant that is expected to supply the Kingdom’s vanadium flow battery market, supporting a fully integrated, made-in-KSA value chain.

About AMG

AMG's mission is to provide critical materials and related process technologies to advance a less carbon-intensive world. To this end, AMG is focused on the production and development of energy storage materials such as lithium, vanadium, and tantalum. In addition, AMG's products include highly engineered systems to reduce CO2 in aerospace engines, as well as critical materials addressing CO2 reduction in a variety of other end use markets.

AMG’s Lithium segment spans the lithium value chain, reducing the CO2 footprint of both suppliers and customers. AMG’s Vanadium segment is the world’s market leader in recycling vanadium from oil refining residues, spanning the Company’s vanadium, titanium, and chrome businesses. AMG’s Technologies segment is the established world market leader in advanced metallurgy and provides equipment engineering to the aerospace engine sector globally. It serves as the engineering home for the Company’s fast-growing LIVA batteries, NewMOX SAS formed to span the nuclear fuel market, and spans AMG’s mineral processing operations in graphite, antimony, and silicon metal.

With approximately 3,600 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the United States, China, Mexico, Brazil, India, and Sri Lanka, and has sales and customer service offices in Japan (www.amg-nv.com).

For further information, please contact:
AMG Critical Materials N.V.        +49 176 1000 73 14
Thomas Swoboda
tswoboda@amg-nv.com

Disclaimer

Certain statements in this press release are not historical facts and are “forward looking”. Forward looking statements include statements concerning AMG’s plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG’s competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG’s business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information. When used in this press release, the words “expects,” “believes,” “anticipates,” “plans,” “may,” “will,” “should,” and similar expressions, and the negatives thereof, are intended to identify forward looking statements. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved. These forward looking statements speak only as of the date of this press release. AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based.

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FAQ**

How will the installation of AMG's Hybrid Energy Storage System ("Hybrid ESS") at Aramco’s Bulk Plant in Tabuk align with the broader objectives outlined in Saudi Arabia's Vision 2030, particularly regarding carbon emissions reduction and renewable energy deployment?

The installation of AMG's Hybrid Energy Storage System at Aramco’s Bulk Plant aligns with Saudi Arabia's Vision 2030 by enhancing renewable energy integration, reducing carbon emissions, and promoting sustainable energy solutions, thus supporting the Kingdom's environmental and economic goals.

In what ways does the partnership between AMG and Shell for the IK Supercenter facilitate advancements in recycling technology, and how does this relate to "AMG Advanced Metallurgical AMVMF" in terms of sustainability and market leadership in vanadium recycling?

The AMG and Shell partnership at the IK Supercenter enhances recycling technology through innovative processes that align with AMG Advanced Metallurgical's sustainability goals, positioning it as a market leader in vanadium recycling by promoting circular economy practices.

What specific benefits does AMG anticipate for the Kingdom of Saudi Arabia from the integrated value chain created by the vanadium electrolyte production plant within the IK Supercenter, particularly in relation to "Amg Advanced Metallurgical AMVMF"?

AMG anticipates that the vanadium electrolyte production plant at the IK Supercenter will enhance Saudi Arabia's energy storage capabilities, boost local manufacturing jobs, promote technological innovation, and support the country's transition to renewable energy sources.

How does AMG’s focus on critical materials and reducing the CO2 footprint in its Lithium and Vanadium segments reflect its overall business strategy, and what role will "AMG Advanced Metallurgical AMVMF" play in enhancing its competitive strengths in the energy storage market?

AMG’s emphasis on critical materials and CO2 reduction in its Lithium and Vanadium segments aligns with its sustainability-focused strategy, while "AMG Advanced Metallurgical AMVMF" will bolster its competitive edge in the energy storage market by providing innovative, eco-friendly solutions.

**MWN-AI FAQ is based on asking OpenAI questions about Amg Advanced Metallurgcl (OTC: AMVMF).

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