Investor Presentaiton
Multi-year trend - Operational data
2017
2018
2019
2020
2021
EAFD throughput (kt)
661.0
717.1
665.8
687.0
885.7
EAFD average capacity
84.7%
92.0%
80.7% 90.1%1)
83.2%
83.3%)
utilisation (%)
Waelz oxide (WOX) sold (kt)
217.8
240.9
217.6
239.2
291.0
Zinc LME price (€/t)
€2,572
€2,468
€2,276
€1,979
€2,544
Zinc hedging
€1,876
€2,051
€2,317
€2,239
€2,151
price (€/t)
Zinc blended price³) (€/t)
€2,160
€2,168
€2,280
€2,136
€2,275
Salt Slags & SPL treated (kt)
509.9
517.0
492.6
444.6
395.0
Salt Slags & SPL avg. cap.
utilisation (%)
96.2%
97.5%
92.9%
83.9% 86.9%4)
87.8%
Alu alloys produced (kt)
184.1
169.3
176.7
174.3
185.8
Secondary Alu avg. capacity
utilisation (%)
89.8%
82.6% 98.1%5)
86.2% 91.1%)
85.0%
90.6%
Aluminium alloy FMB price?)
€1,766
€1,715
€1,397
€1,424
€2,112
(€/t)
1) Installed capacity and corresponding utilisation rates in 2019 are normalised for the capacity upgrade in Turkey, from 65kt to 110kt (plant was shutdown from end of Jan to mid-Aug 2019)
2) Installed capacity and corresponding utilisation rates in 2021 are proportional figures based on the actual number of days the China and the US plants (after acquisition) operated in the year
3) Blended rate between hedged prices and average spot prices, weighted by the respective hedged and non-hedged volumes, reflecting the effective price to Befesa
4) Installed capacity and corresponding utilisation rates in 2020 are normalised for the UK salt slags plant closure by year-end 2020
5) Installed capacity and corresponding utilisation rates in 2018 are normalised for the furnace upgrades in Bilbao (plant was shutdown three months, from 2nd week of June to 3rd week of September),
as well as the Barcelona - phase I (plant was shutdown two months, from 4th week of August to 4th week of October)
6) Installed capacity and corresponding utilisation rates in 2019 are normalised for the furnace upgrade in Barcelona - phase II (plant was shutdown three months, from mid-August to mid-November)
7) Aluminium scrap and foundry ingots aluminium pressure diecasting ingot DIN226/A380 European Metal Bulletin free market duty paid delivered works
14 Company Presentation - April 2022
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