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AMG Advanced Metallurgical Group N.V.’s (EURONEXT AMSTERDAM: “AMG”) 42.6% owned affiliate, Timminco Limited (TSX: TIM) reported that its senior secured lender has agreed to delay the requirement for an additional $5 million of minimum availability reserve that would have become effective as of February 1, 2010, until March 1, 2010.
AMG Advanced Metallurgical Group N.V.’s (EURONEXT AMSTERDAM: “AMG”) 42.6% owned affiliate, Timminco Limited (TSX: TIM) reported that its senior secured lender has agreed to delay the requirement for an additional $5 million of minimum availability reserve that would have become effective as of February 1, 2010, until March 1, 2010.
The press release is quoted as saying:
Other key products produced by AMG include specialty alloys for titanium and superalloys, coating materials, tantalum and niobium oxides, vanadium chemicals and antimony trioxide.
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