WSJ: A Bold Approach in Commodities Paid Off

By SIMON CONSTABLE

The chief executive officer of Amsterdam materials company AMG Advanced Metallurgical Group NV, Heinz Schimmelbusch, once at the center of a controversial derivatives trade that cost a staggering $1.3 billion (see related article), is back and bucking commodities-market trends.

While other companies have suffered stock drops and cut dividends, AMG shares have soared (up 33.5% in 2015) and the firm paid its first dividend last year. Shares of rivals such as Rio Tinto PLC, Alcoa Inc. and Glencore PLC, meanwhile, were hammered. Read more here.