Beerse, Belgium – August 15, 2025 – 18:00 Campine NV, a metals recycling and specialty chemicals company listed on Euronext Brussels, has taken note of certain allegations that its products have been resold to Russia. Campine is committed to ensuring compliance with applicable laws, including sanctions and export controls laws. Following the outbreak of the Russia-Ukraine conflict in March 2022, Campine stopped all sales to Russia. The company takes the allegations very seriously that its products were res ...

Core Insights - Campine NV, a metals recycling and specialty chemicals company, is effectively navigating the impacts of trade wars, particularly in relation to U.S. tariffs on European products [1][2]. Company Developments - Campine's antimony trioxide (ATO) has been officially exempted from new U.S. import tariffs, allowing the company to maintain its service to U.S. customers without pricing disadvantages [2]. - The company has increased its ATO production capacity by 50% at its Belgian facility, raising its annual output potential to approximately 18,000 tons [3]. - Campine has become the world's largest supplier of antimony trioxide following Chinese government restrictions on antimony exports in September 2024 [5]. Market Conditions - The availability of antimony metal has improved due to expanded capacities from non-Chinese suppliers, stabilizing prices around $60,000 per ton [4]. - Despite a global shortage of ATO, some customers are attempting to reduce or substitute their ATO usage with alternative products [4].

Core Viewpoint - Campine NV anticipates significantly higher profits for 2025 due to increased demand for its antimony products, driven by export restrictions in China since late 2024 [1][2]. Group 1: Demand and Sales Performance - The company has experienced a 35% average increase in global sales volumes of antimony trioxide, with overseas sales more than doubling due to reduced demand in Europe [2]. - Campine has secured orders from new customers worldwide, indicating a strong market response to its products [2]. Group 2: Financial Forecast - For the first half of 2025, Campine forecasts sales revenue of approximately €380 million and an EBITDA of at least €50 million, a significant increase from €169 million in sales and €19.7 million in EBITDA for the same period in 2024 [3]. - Antimony metal prices have reached a record level of $60,000 per ton, contributing to expectations of higher sales revenue and profits [2]. Group 3: Market Volatility and Future Outlook - The company notes that it is too early to predict full-year performance due to current market volatility and typically lower demand during summer months [4]. - Recent stabilization of antimony prices may reduce the positive impact of increased business volumes and stock value augmentations in the second half of the year [4].