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CLASSIFICATION: C1 - CONTROLLED Operational performance review 489 Production (MT' 000) – 100% +1% +1% 496 165 19 9M-20 9M-21 Q2-21 Sales volumes (MT' 000) – 100% -3% -4% 489 472 160 168 9M-21 production volumes slightly increased compared to 9M-20, mainly due to higher amperage and production of value-added products (VAP). Q3-21 production volumes slightly increased compared to Q2-21. Q3-21 7 153 • 9M-21 sales volumes marginally down as compared to 9M- 20, as more VAP were sold during 2021 having delayed Incoterms compared to last year's sales of standard ingots. Q3-21 sales volumes declined by 4% versus Q2-21 in line with year-to-date results. 9M-20 9M-21 Q2-21 Q3-21 Selling prices ($/MT) +13% +37% 2,474 2,449 1,804 2,778 • • During 2021, selling prices improved on account of overall increase in aluminum prices globally, on the back of renewed global demand for aluminium, whereby sectors such as construction and automotive industrial sectors witnessed sequential recovery on the back of constructive economic drivers. Aluminium prices were also supported by supply side constraints, on account of decarbonization drive, energy crunch and supply chain bottlenecks. QAMCO, IR Presentation, 9M-21 9M-20 9M-21 Q2-21 Q3-21
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