Investor Presentaiton
Increasing PCS recycling
ambitions by 140kt
•
Delivering on our recycling ambition - several investment
decisions made, IRR 15-30%
Increasing ambitions to use PCS by 140kt, lifting EBITDA
ambitions by NOK 1 billion
Attractive RoaCE in our AM recycling portfolio
Seizing the market opportunity
26%
23%
22%
18%
41%
2018
2019
2020
2021
2022
1) Baseline 2020 PCS volume reduced from 290 to 280 kt due to reclassification
Hydro
CIRCAL
Recycled
Aluminium
Recycling 2025 and 2027 targets
All approved project pipeline
PCS usage and ambition
Tonnes (000s)
EBITDA
BNOK
+1.7-2.1
x2
620-770
520-670
4.4
I
3.1-3.5
2022
2.6-3.0
New
+40
320
2801)
Old
target
Coc -7%
480-630
market
2.8 New
I
1+0.5
1.4
Old
1.6
target
2.1-2.5
2020
2022
2025
2027
2020
2022
2025
2027
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