En+ Group Investment Presentation
Metals Segment Capital Expenditures
Capex semi-annual dynamics
USD mn
897
848
842
834
Capex 1H 2021
600
500
400
300
554
521
495
496
200
417 417
401
353
321
67%
100
0
19%
Taishet Aluminium
Smelter
Capex guidance 2021
17%
Ent
GROUP
Taishet Anode Plant
7%
12%
USD 554 mn
USD 1.1-1.3 bn
7%
Other development
capex
61%
Maintenance capex
•
1H17 2H17 1H18 2H18 1H19 2H19 1H20 2H20 1H21
In 1H 2021 capex totaled USD 554 mn (+38.2% y-o-y);
• Maintenance capex amounted to 67% of the aggregate capex in 1H 2021;
In 1H 2021 the Company continued its investment in key development projects as per its
strategic priorities of preserving its competitive advantages of vertical integration into raw
materials and product mix enhancements:
.
Carbon materials self-sufficiency: Taishet anode plant
1st stage - construction of anode baking furnace with a capacity of up to 217.5 ktpa
of baked anodes¹
-
2nd stage arrangement of calcined coke and green anodes production with the
capacity sufficient for the first and second stages as well as an increase in baked
anodes output to approximately 400 ktpa
Aluminium capacities expansion: Taishet aluminium smelter (1st stage, 428.5 ktpa).
Approximate
launch schedule
Taishet anode plant
(1nd stage)
Taishet anode plant
(2nd stage)
Taishet aluminium
smelter²
(1) For baking of SAZ green anodes during modernization of anode baking furnaces.
(2) In regards to Taishet aluminium smelter table above indicates planned schedule of first metal.
10%
2020
2021
2022
2023
62
62View entire presentation