AMG's adjusted EBITDA rose 22%, and its full-year forecast increased to about $280 million. Strong lithium and tantalum demand, $550 million in liquidity, and expected positive free cash flow point to a stronger outlook.
The stronger result came from AMG's Brazilian lithium operations and tantalum sales. The company also had $550 million in liquidity and expects positive free cash flow this year, adding support to its stronger outlook.
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