Norsk Hydro Asa · OSL:NHY
Norsk Hydro Asa — Bank of America ML Conference 2021
9 slides from Norsk Hydro Asa's conference presentation, May 19, 2021
Slide 1: Hilde Merete Aasheim, 19 May 2021
Hilde Merete Aasheim 19 May 2021
Slide 2: Green transition and aluminium market drivers
• Green transition in major regions requires more aluminium, e.g., higher aluminium content in EVs • Higher end-product adaption of aluminium due to recyclability • Focus on ESG could phase significant upside for green products • Primary aluminum based on renewable power will qualify under the EU ta
Slide 3: Seizing opportunities where our capabilities match megatrends
Seizing opportunities where our capabilities match megatrends 1 1 Strengthen position in low-carbon aluminium 2 Diversify and grow in new energy Renewable energy Batteries Hydrogen 3
Slide 4: New improvement target of NOK 7.4 billion by 2025 and commercial ambition
New improvement target of NOK 7.4 billion by 2025 and commercial ambition of NOK 1.5 billion adjusted for Rolling1) Improvement program Commercial ambition 2020 accumulated improvement 2025 accumulated improvement potential by year Additional NOK 1.5 billion in market and NOK billion NOK billion cus
Slide 5: Strong Q1 sales for Hydro REDUXA
Google Hudson Square in Hydro … produced at Hydro’s Sunndal Strong Q1 sales for Hydro REDUXA REDUXA facade… plant in Norway Hydro REDUXA sales1) k tons ~75 ~45 7 FY 2019 FY 2020 Q1 2021 • 450 tonnes of Hydro REDUXA • Hydro REDUXA capacity of ~415 kt, ~20% • Increased Hydro REDUXA demand in Q1 • 1.3
Slide 6: Social responsibility, Environment, Climate
Social responsibility Environment Climate Human right, dialogue and being a good neighbor Tailings Dry Backfill1) represents the end of new Important progress towards target to cut CO2 facilities for storage of bauxite tailings with CAPEX emissions by 30% by 2030 reductions of BRL ~2 billion2) Empow
Slide 7: Projects under way to meet recycling ambition
Projects under way to meet recycling ambition1) PCS capacity Investments EBITDA uplift3) ‘000 ton BNOK MNOK ~2 Mt recycling capacity currently in operation Projects 25 recyclers and 1 sorting plant underway Europe 5 Aluminium metal Investment 9 Extrusions decision possible in 2021-’22 Early phase pr
Slide 8: Hydro REIN established, batteries pipeline and hydrogen opportunities
Hydro REIN established Extensive batteries pipeline with two Exploring hydrogen opportunities investments in operations Milestones 2025 ambition Strategy • 1GW investment decisions 2021 • NOK 2.5-3.0 billion investments • Explore hydrogen potential • Equity rase to be evaluated • Pro rata EBITDA MNO
Slide 9: Hydro: Industries that matter
Hydro Industries that matter