Ferroglobe : B. Riley Conference Investor Presentation 2025
GSM
Published on 05/21/2025 at 16:43
B. Riley Securities 25th Annual
Investor Conference
May 2025
NASDAQ: GSM
1 Attractive growth opportunity in EV & Solar
Critical for energy transition
Innovation & technical know-how
Disciplined capital management 2
Strong balance sheet, net cash positive
Attractive capital return policy
3 Leading western producer
Global presence with a local focus
Flexible production footprint
SiMe & Si-Based fully integrated 4
No substitute for our products
Competitive advantage - track record of innovation
5 Strong global customer base
Focus on operational excellence 6
Local producer supplying local customers
Critical input for hundreds of industrial
applications
Implementing Sales & Operations Planning (S&OP)
Competitive advantage in energy
Ferroglobe well positioned to become a long-term growth company
Key Value
Drivers
Tariffs / Trade measures
Trade measures to level the playing field
Expect Ferroglobe to be a net beneficiary of potential tariffs
Encourages local supply chain development
Accelerating energy transition
Increasing penetration of EVs with significant benefits of silicon over graphite in the battery
Onshoring / nearshoring trends benefit Ferroglobe as a local producer
Expanding silicon metal capacity in North America
Applying for a brownfield permit to meet expected growth in silicon use in advance technologies
Actively developing strategic partnerships and alliances
Invested in Coreshell to advance silicon-rich EV battery technology
Expanding commercial relationships in Asia and the Middle East
4
Russia
1042%
12-Sep-24
28-Oct-24
Brazil
14%-73%
28-Mar-25
30-Apr-25
Kazakhstan
33%-281%
28-Mar-25
30-Apr-25
Malaysia*
17%-51%*
28-Mar-25
30-Apr-25
FeSi Combined AD/CVD Duties by Country
Finalized by Finalized by
Country Final Duty(1) Commerce ITC
PV Solar Cells Combined AD/CVD Duties by Country
Finalized by Finalized by
Country Final Duty(1 ) Commerce ITC
Cambodia
662%-3531%
21-Apr-25
2-Jun-25
Malaysia
25%-260%
21-Apr-25
2-Jun-25
Thailand
385%-982%
21-Apr-25
2-Jun-25
Vietnam
130%-406%
21-Apr-25
2-Jun-25
EU Safeguard Decision
(includes all our main products)
Decision by EC
Preliminary decision
Expected before end
of June 2025
US Silicon Metal Case Initiation
Proposed
Filed
Preliminary ITC Determination
US Silicon Metal
Up to 329%
AD
+subsidies
24-Apr-25
Expected by
June 9, 2025
Trade Measures Ongoing
Trade Measures Decided
(1)these figures include the 10% basic tariff imposed by the US
*Adjusted for Commerce Department correction (estimate)
5
Disclaimer
Ferroglobe plc published this content on May 21, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 21, 2025 at 20:42 UTC.