Norsk Hydro Asa · OSL:NHY
Norsk Hydro Asa — Hydro — Pareto Securities' 30th Annual Energy Conference 2023
11 slides from Norsk Hydro Asa's conference presentation, Sep 20, 2023
Slide 1: Hydro Batteries
Hydro Batteries Empower the future of green mobility with sustainable battery materials Elise Must, Head of Sustainability & Strategy / Acting Head of Batteries Pareto Securities' 30th Annual Energy Conference
Slide 2: The challenge
The challenge Batteries crucial to reach climate targets, focus shifted from user phase to production Typical upstream battery-electric-vehicle vs. ICE emissions, in percentage. Tailpipe for ICE not included Steel Aluminum Steel Aluminum Battery Plastic & rubber Other Other Plastic & rubber McKinsey
Slide 3: Automakers shape demand
Automakers shape demand OEMs exceed regulators expectations “Porsche wants to have a CO₂- neutral balance sheet throughout the entire value chain in 2030” - Oliver Blume, Chairman Porsche 3
Slide 4: China dominates, while EU struggles on supply
China dominates, while EU struggles on supply European demand significantly higher than production forecast Chemical processing/refining 500 European Anode Demand 2027 1.6DG 450 Nickel 13% 1% 65% 400 Cobalt 17% 0% 82% 350 Thousand tonnes Graphite 0% 0% 100% 300 250 Lithium 0% 4% 59% 200 Manganese 7%
Slide 5: What we want to achieve
What we want to achieve STRATEGIC DIRECTION Empower the Future of Green Mobility with Sustainable Battery Materials Anode materials Circular Solutions Lithium Vianode planning giga E-magy looking to Hydrovolt targeting 25% market share within EV Lithium de France (LdF) developing sustainable scale f
Slide 6: Sustainability and security of supply as strategic core
Sustainability and security of supply as strategic core Hydro Batteries aims to reduce footprint in all impact areas – and enhance security of supply of critical raw materials Synthetic graphite in Europe Sustainable lithium production in EV battery recycling in Europe and North America. Europe thro
Slide 7: Sustainable materials are key to reach CO2-targets
Sustainable materials are key to reach CO2-targets CO₂ hot spot analysis of LFP battery cell production kg CO₂ per kWh battery cell storage capacity Cell manufacturing powered by renewable energy Synthetic graphite produced in the Nordics DLE lithium Hydro Circal 95 aluminium Source: Life cycle asse
Slide 8: Comprehensive set of core capabilities to create value
Comprensive set of core capabilities to create value Scaling, industrialization and project execution Sustainability, recycling and renewable energy expertise Track-record as partner to the automotive industry 8
Slide 9: Where we are
Where we are Corvus awarded battery supply for the world’s largest Battery Electric Ship. Driving value creation in assets – focus on execution and commercialization Selected targets 3x NOK 3 billion Value uplift in 2027 on equity invested by Capital allocated 2020-2025 2025 Selected achievements in
Slide 10: Driving change together with Porsche
Driving change together with Porsche “Access to sustainably sourced raw materials is a key challenge for the automotive industry.”- - Barbara Frenkel - Executive Board Member Porsche AG 10
Slide 11: Hydro
Hydro Industries that matter
Hydro — Pareto Securities' 30th Annual Energy Conference 2023 on 6ix