Our Sustainable Approach

We are committed to achieving the highest standards of safety and environmental conduct at all of our manufacturing facilities and producing materials that help our refinery partners and steel customers to minimize negative environmental impact.

AMG V

Commitments

There are two aspects of sustainable development that remain central to AMG Vanadium’s business.
CO2 Reduction
The first involves servicing and supporting the green economy, acting as a key contributor in the supply chain for the refining, steel, advanced materials, and recycling industries by enabling CO2 reduction in their respective supply chains. These contributions will play a vital role in addressing the ongoing challenges of climate change, waste reduction, and pollution elimination.
Globe
At the same time, we are committed to measuring and minimizing the environmental footprint associated with our own manufacturing operations. AMG Vanadium’s commitment to securing its vanadium from secondary raw materials, and its proprietary recycling process to produce ferrovanadium, generates 80% less CO2 than ferrovanadium produced from traditional mining of vanadium ore.
To quantify this, we engaged a third-party organization to conduct a Carbon Footprint analysis comparing AMG V’s proprietary recycling process to produce ferrovanadium (Ferovan®) with ferrovanadium produced from the traditional primary mining route. The Carbon Footprint assessment considers AMG Vanadium’s manufacture of ferrovanadium, where it acquires vanadium from a secondary source, and compares this with the manufacture of a generic ferrovanadium product, where the vanadium is supplied from a primary source. The assessment also considers the greenhouse gas (GHG) emissions mitigation benefits achieved from the use of vanadium in steel alloys, compared with standard steel alloys.

Carbon Footprint – Primary vs Secondary

Carbon footprint graph
The goal of this study was to conduct a streamlined cradle-to-gate carbon footprint of AMG’s ferrovanadium product, which is manufactured from secondary sources of vanadium, compared with ferrovanadium manufactured from primary sources of vanadium. The carbon footprint is consistent with the international standards on LCA (ISO 14040:2006 and ISO 14044:2006) and the Greenhouse Gas Protocol Product Life Cycle and Accounting Standard.

Mitigating

Mitigating base technology to enhanced technology
The assessment determined that the carbon footprint of ferrovanadium resulting from vanadium feedstocks of primary mining is five (5) times greater than AMG V’s Ferovan®. For the primary ferrovanadium route, vanadium content in the ore is just 0.98% whereas the vanadium content in spent catalyst used by AMG Vanadium is 8-15%. This means to produce 1 kg of vanadium, considerably less feedstock must be processed for the secondary ferrovanadium route than for the primary ferrovanadium route, which will have a significant impact on the carbon footprint.

In addition to the CO2 mitigating benefits of AMG Vanadium’s environmentally superior technology, the use of vanadium in steel alloys improves the tensile strength of the steel, which results in between 20 and 40% less (by mass) of vanadium steel used compared with standard carbon steel for the equivalent function. The assessment assumed the typical weight of 26% resulting in the equivalent functionality of 1 kg of standard carbon steel, only 0.741 kg of vanadium steel required. This significant weight reduction enables a significant reduction in the carbon footprint of structures not only as a result of lower steel requirements but also resulting from reductions from fabrication and transportation.

Enabling

Enabling chart
The use of vanadium in steel alloys improves the tensile strength of the steel, which results in 26% less (by mass) of vanadium steel used compared with standard carbon steel for the equivalent function. This means that for the equivalent functionality of 1 kg of standard carbon steel rebar, only 0.741 kg of vanadium steel rebar is required.
View information and data about AMG Vanadium’s Solar Field.

Sustainability Reporting

Global Reporting Initiative

Global Reporting Initiative

We are a registered Organizational Stakeholder of the Global Reporting Initiative (GRI) and support the mission of the GRI to develop globally accepted sustainability reporting guidelines through a global, multi-stakeholder process.

UN Global Compact

United Nations Global Compact

We commit our support to the principles of the United Nations Global Compact, a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in areas of human rights, labor, the environment and anti-corruption.

AMG submitted its first Communication On Progress (“COP”) to the United Nations in April 2012.