We are driving electrification of the planet recycling metals innovating with patents growing fast investing in new processes decarbonising old processes nearly 100 years old learning every day
£1. 0
b
Revenue
£ 47
.1m
Profit before Tax (PBT)
32
%
PBT Compound Annual Growth Rate Last 5 Years
38
th
Consecutive Annual Profit
Amalgamated Metal Corporation PLC (“AMC”) is a non-ferrous metals company, with activities in the recycling, trading, and upgrading of metals used in the electrification of the planet.
70% of our turnover comes from key electrical conductors, tin and copper
Decarbonising global energy supplies will involve investment in transmission and distribution lines,
electronics and other enabling infrastructure. We work hard to make sure the critical metals that
underpin this transformation get to the right place, at the right time, at the right quality.
We believe technology will radically transform the environmental impact of the metals sector
We are always looking to exploit technology to solve hard technical challenges and improve our
business prospects.
35% of the material we handle is now recycled
We believe the future is ultimately recycled. We are always looking to recycle, and investing in
technologies and processes to make this happen faster.
We are 100 years old and still learning
The Company, founded in 1929, prides itself on reliability, integrity and professionalism. Over the
years, we’ve built a reputation for performance, and we’ve survived by working to solve the
challenges of the moment. Our sustainability efforts today focus on reducing our energy intensity,
decarbonising our operational vehicles, and increasing the flow of recycled content through our
businesses.
Financial Services
Managing commodity price risk for the industry
Recycling and Trading
Aggregating and allocating so supply meets demand
Manufacturing
Turning ideas into products
"The pace with which the world embraces low carbon electricity as the priority energy source, and low embedded carbon materials as the priority materials source, looks set to intensify in the years ahead. In this rapidly decarbonising world, the metals we produce, source and sell will support this global ambition. We believe we are well positioned to capitalise on these tailwinds and we will continue to invest in low carbon and energy transition metals."
David SherMANAGING DIRECTOR
"Our performance remained resilient despite a challenging environment. Pre-tax profit increased once again by 2% to £47.1m (2022: £46.2m), delivering our 8th successive year of progress."
Hamish MichieFinance Director
"I am pleased that in this environment the Group continued to execute well, manage risks appropriately and be a reliable supplier and service provider for the non-ferrous metal community. The group enters 2024 with a strong balance sheet enabling it to support business expansion."
V H SherCHAIRMAN
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Amalgamet Ltd Partnership Announcement
Amalgamet Ltd, part of the AMC Group, are delighted to
Milver Metals and Scanmetals UK to take part in the £73 million combined government and industry led project to bring forward a circular economy and decarbonise the automotive sector
Milver Metals and Scan Metals to take part in the £73 million combined government and industry led project to bring forward a circular economy and decarbonise the automotive sector.
AMC Group Receives Good Business Pays’ ‘Fast
Payer Award 2021’
AMC Group has been awarded the Good Business Pays ‘Fast Payer Award’, which
recognises large companies that have demonstrated excellent payment practice to their
suppliers over the past year.