Second Quarter 2022 Conference Call slide image

Second Quarter 2022 Conference Call

Commercial Performance Improved pricing supporting commercial performance Price ● Volume TiO₂ volumes slightly below expectations due to China COVID lockdowns and ongoing supply chain challenges ● Improved pricing in TiO₂ across all geographies, driven by the continuation of regional pricing initiatives Pricing momentum continued in zircon market • Zircon volumes impacted by logistics challenges and shipping delays in Australia and South Africa 2021 volumes benefited from sales from inventory ● Feedstock sales lower due to lower pig iron volumes, partially offset by higher average selling prices Currency ● Strengthening USD was a headwind to revenue due to unfavorable translation impacts, primarily from the weakening of the Euro Revenue TiO₂ Zircon Feedstock & Other TRONOX TiO₂ Local Currency Zircon Q2'22 vs Q2'21 Revenue $175 $927 Q2 2021 Price $131 Tronox Holdings plc | tronox.com | Confidential & Proprietary | © 2022 Q2 '22 $ 945 769 111 65 $26 Q2 '21 $945 $ 927 740 121 66 YOY % A Volume (9)% n/a (38)% YOY % A 2% 4% (8)% (2)% $965 Volume / Currency Q2 2022 Mix Note: All figures are US$ in millions unless otherwise noted. Comparisons are year-over-year unless otherwise stated. Bridge amounts may not add across due to rounding. Price 15% 19% 47% Q1 2022 $43 Q1 '22 Price $ 965 773 108 84 Q2'22 vs Q1'22 Revenue Volume (3)% n/a (5)% QoQ % A (2)% (1)% 3% (23)% QoQ % A $49 Price 2% 4% 8% $14 $945 Volume / Currency Q2 2022 Mix 8
View entire presentation