AMG Subsidiary Timminco Provides Update on Solar Grade Silicon Operations

Third Quarter Production Exceeds 340 Metric Tons AMG Advanced Metallurgical Group N.V. ("AMG") (EURONEXT AMSTERDAM: AMG) announced that its 50.4% subsidiary Timminco Limited ("Timminco") (TSX: TIM) is providing an update on the production and operations of its solar grade silicon product line for its third quarter ended September 30, 2008. For the third quarter, Timminco produced 342 metric tons (mt) of solar grade silicon and shipped 300 mt, bringing 2008 year to date shipments of solar grade silicon to more than 600 mt. Production and shipments increased sequentially each month during the quarter, with September production reaching a record monthly volume. The ramp up of production continues and operational improvements are being implemented. All of the material shipped during the quarter was within customer specification.... [read full story]