Aurubis Ag · XETR:NDA
Aurubis — Corporate Update (November 2021)
15 slides from Aurubis's corporate update, Nov 10, 2021
Slide 1: Announcement Presentation Aurubis Richmond, USA
Announcement Presentation Aurubis Richmond, USA Hamburg, November 10, 2021 1
Slide 2: At a glance: Aurubis Richmond, USA, sets stage for expansion in recycling business
At a glance: Aurubis Richmond, USA, sets stage for expansion in recycling business and execution of updated strategy Efficient, low-risk approach − Megatrends boost demand for recycling and multimetal solutions globally based on proven technologies − Aurubis creates frontrunner position in highly at
Slide 3: Aurubis accelerating growth in recycling by investing in the very attractive US market
Aurubis accelerating growth in recycling by investing in the very attractive US market Tapping into a new New site to further Investment supports market with proven strengthen Aurubis' climate targets and is market technologies sustainable, integrated fully in line with Aurubis' smelter network Sust
Slide 4: Strategic step that capitalizes on underlying market trends
Strategic step that capitalizes on underlying market trends − Regulation, consumers, and electronics manufacturers focus Increasing increasingly on sustainability importance of sustainability in − Consequence: increase in recycling rates and incentivized local recycling the US/Europe − Opportunity:
Slide 5: US recycling market with significant growth potential
US recycling market with significant growth potential Strong ~4-6 % growth through 2035 with focus on complex recycling/PM material US market size for recycled materials 2019-2035 (in million t) Growth Drivers Cu Scrap/Alloys Complex Recycling PM Material Incremental Continuous growth of industrial
Slide 6: US e-waste recycling and landfill regulation to further drive market growth
US e-waste recycling and landfill regulation to further drive market growth for recycling materials Landfill or disposal ban for electronic VT NH ME devices MN NY − In 19 states + Washington, DC OR − Selected electronics through general WI RI MI CT classification as hazardous waste PA NJ (e.g., Dela
Slide 7: Aurubis has a distinct competitive advantage with specialized multimetal secondary smelter
Aurubis has a distinct competitive advantage with specialized multimetal secondary smelter Low degree of competition for copper scrap in the US and Canada Secondary Copper Smelter Glencore − Currently no direct competitor in the Rouyn-Noranda, Quebec secondary smelter segment in the US Primary Coppe
Slide 8: Favorable site selection criteria
Favorable site selection criteria Clear criteria, comparative analyses, and on-site inspections to identify best location Suitability: soil, foundation, flood, expansion potential Audit environment, social, and culture Availability of all utilities (electrical, water, sewer, natural gas) Site Econom
Slide 9: Aurubis / Announcement Presentation Aurubis Richmond
Aurubis / Announcement Presentation Aurubis Richmond /9
Slide 10: Frontrunner position with US recycling site in Richmond County, Georgia
Frontrunner position with US recycling site in Richmond County, Georgia Richmond County, Georgia, USA In a greenfield project, Aurubis will set up the largest specialized recycling smelter in the United States Plant designed to recycle PCBs, shredder, and other metal-containing recycling materials 2
Slide 11: Aurubis Richmond complements and expands Aurubis' international integrated smelter network
Aurubis Richmond complements and expands Aurubis' international integrated smelter network Smelting and refining Shredding with TBRC technology Solder (SnPb) Zinc Scrap/ oxide Blister intermediates Blister copper Metals for progress copper Aurubis Slag smelter Scrap suppliers 28 30 34 45 46 47 Ni Zn
Slide 12: Anticipated timeline for project implementation
Anticipated timeline for project implementation Start Evaluation of Potential Start of Start Recycling Sites Site Decision Construction Commissioning 2022 2024 2021 2023 NOV 2021 Start Site Due Start of Diligence Start Site Production Preparation/Planning Aurubis / Announcement Presentation Aurubis
Slide 13: Highly attractive investment in promising growth market
Highly attractive investment in promising growth market CAPEX EBITDA p.a. ROCE ~ € 300m ~ € 80m > 20 % after full ramp-up in FY 2025/26 after full ramp-up in FY 2025/26 Amortization Period Financing US$ Exposure < 10 years Fully financed through Increased exposure Group operating CF part of strategi
Slide 14: Aurubis' new US recycling site in Richmond County, Georgia: A strong investment case
Aurubis’ new US recycling site in Richmond County, Georgia: A strong investment case 1 Aurubis creates frontrunner position in highly attractive US recycling market with significant annual growth rates – extremely profitable growth potential Excellent metallurgy with flexible application mix 2 Metal
Slide 15: Announcement Presentation Aurubis Richmond, USA
Announcement Presentation Aurubis Richmond, USA Hamburg, November 10, 2021 15