Sales Performance - Sales increased by $819,008 thousand, or 46.0%, from $1,778,908 thousand in 2021 to $2,597,916 thousand in 2022, primarily due to higher average realized prices despite a decrease in tonnes sold[369]. - Silicon metal sales revenue rose by 75%, with average selling prices increasing by 112.3% to $5,332/MT in 2022, while total shipments decreased by 17.6% due to weak demand in Europe[370]. - Silicon-based alloys sales revenue increased by 50.9%, with average selling prices rising by 79.5% to $3,694/MT in 2022, and total shipments decreased by 15.9% driven by weak demand from steel manufacturers[371]. - Manganese-based alloys sales revenue increased by 12%, with average selling prices rising by 19.2% to $1,778/MT in 2022, while total shipments decreased by 6% due to production adjustments in Spain[372]. - Sales increased by $301,181 thousand, or 81.4%, from $370,109 thousand in 2021 to $671,290 thousand in 2022, primarily due to higher average realized selling prices and the restart of the Selma facility[389]. - Sales in Europe - Manganese increased by $224,853 thousand, or 47.2%, from $476,287 thousand in 2021 to $701,140 thousand in 2022, driven by a 19.2% increase in average selling prices[406]. - Sales in South Africa increased by $4,733 thousand, or 37.6%, from $12,604 thousand in 2021 to $17,337 thousand in 2022, driven by improved demand and market conditions[430]. - Sales in the South Africa Silicon Alloys segment increased by $17,671 thousand, or 16.9%, from $104,591 thousand in 2021 to $122,262 thousand in 2022[438]. - Sales in other segments increased by $37,992 thousand, or 87.2%, from $43,568 thousand in 2021 to $81,560 thousand in 2022, primarily due to increased selling prices[446]. Operating Income and Expenses - Other operating income increased by $37,271 thousand, or 33.9%, to $147,356 thousand in 2022, mainly due to energy compensation received from the French energy provider EDF[374]. - Other operating income increased by $1,375 thousand, or 27.0%, from $5,089 thousand in 2021 to $6,464 thousand in 2022, mainly due to gains from CO2 emission rights and increased scrap sales[391]. - Other operating expenses rose by $11,486 thousand, or 51.7%, from $22,222 thousand in 2021 to $33,708 thousand in 2022, primarily due to inflationary pressures and the Selma facility restart[393]. - Other operating income in Europe - Silicon Metals increased by $27,427 thousand, or 56.2%, from $48,828 thousand in 2021 to $76,255 thousand in 2022, primarily due to energy compensation received in France[416]. - Other operating income in South Africa decreased by $122 thousand, or 43.9%, from $278 thousand in 2021 to $156 thousand in 2022[432]. - Other operating income in the South Africa Silicon Alloys segment decreased by $419 thousand, or 86.4%, from $485 thousand in 2021 to $66 thousand in 2022[440]. Costs and Expenses - Raw materials and energy consumption for production increased by $100,190 thousand, or 8.5%, to $1,285,086 thousand in 2022, with raw materials and energy consumption as a percentage of sales at 49% compared to 67% in 2021[373]. - Raw materials and energy consumption for production rose by $39,892 thousand, or 15.0%, from $265,653 thousand in 2021 to $305,545 thousand in 2022, driven by higher raw material costs[390]. - Staff costs rose by $33,893 thousand, or 12.1%, to $314,810 thousand in 2022, primarily due to the restart of the facility in Selma, Alabama[375]. - Staff costs increased by $10,215 thousand, or 20.0%, from $51,163 thousand in 2021 to $61,378 thousand in 2022, attributed to the Selma facility start-up and higher medical insurance expenses[392]. - Staff costs in Europe - Silicon Alloys increased by $7,788 thousand, or 18.2%, from $42,679 thousand in 2021 to $50,467 thousand in 2022, driven by higher variable remuneration linked to improved results[425]. - Staff costs in South Africa increased by $194 thousand, or 12.6%, from $1,542 thousand in 2021 to $1,736 thousand in 2022, primarily due to a higher number of employees following the restart of the Polokwane facility[433]. - Other operating expenses rose by $164,750 thousand, or 124.8%, from $132,059 thousand in 2020 to $296,809 thousand in 2021, mainly driven by CO2 emissions provisions[465]. - Staff costs increased by $66,135 thousand, or 30.8%, from $214,782 thousand in 2020 to $280,917 thousand in 2021, primarily due to restructuring provisions and higher variable considerations[464]. Financial Performance - Finance costs decreased by $88,174 thousand, or 59.1%, to $61,015 thousand in 2022, primarily due to an accounting charge related to Senior Notes refinancing in 2021[384]. - Finance costs increased by $82,221 thousand, or 122.8%, from $66,968 thousand in 2020 to $149,189 thousand in 2021, primarily due to an accounting charge related to Senior Notes refinancing[471]. - Income tax expense increased by $152,545 thousand, from an income tax benefit of $4,562 thousand in 2021 to an expense of $147,983 thousand in 2022, primarily due to taxes recorded in the U.S., France, and Canada[386]. - Income tax expense variation amounted to $26,501 thousand, or 120.8%, from an expense of $21,939 thousand in 2020 to a benefit of $4,562 thousand in 2021, mainly due to tax assets recorded in relation to a carryback credit[476]. Impairment and Depreciation - Impairment losses increased by $32,846 thousand, from a loss of $376 thousand in 2021 to a loss of $33,222 thousand in 2022, related to facilities in Spain and Norway[412]. - Impairment loss rose by $25,573 thousand, from a loss of $455 thousand in 2021 to a loss of $26,028 thousand in 2022, with significant impairments recognized at facilities in France and Spain[428]. - Impairment losses in other segments increased by $3,784 thousand, or 218.7%, from $1,730 thousand in 2021 to $5,514 thousand in 2022, mainly due to the solar-grade silicon metal project in Spain[452]. - Depreciation and amortization charges decreased by $6,781 thousand, or 16.7%, from $40,489 thousand in 2021 to $33,708 thousand in 2022, due to assets becoming fully depreciated[396]. - Depreciation and amortization charges in the South Africa Silicon Alloys segment increased by $743 thousand, or 16.4%, from $4,535 thousand in 2021 to $5,278 thousand in 2022, reflecting higher depreciation in leases[443]. - Depreciation and amortization charges decreased by $10,861 thousand, or 10.0%, from $108,189 thousand in 2020 to $97,328 thousand in 2021, due to a significant number of assets becoming fully depreciated[466]. - Impairment losses decreased by $73,481 thousand, or 100.2%, from a loss of $73,344 thousand in 2020 to a gain of $137 thousand in 2021, reflecting a reversal of previous impairments[467]. Liquidity and Financing - The company’s primary sources of long-term liquidity include senior secured notes totaling $345,058 thousand at an interest rate of 9.375%, due on June 30, 2025[550]. - In 2022, the company signed a $100 million ABL Revolver, which is currently undrawn, to enhance liquidity[550]. - The company experienced significant inflationary pressures in 2022, impacting costs, but management believes the impact was not material to operations in 2021 and 2020[547]. Segment Reporting - The company revised its operating segments to reflect current management reporting, now reporting results in five segments: North America - Silicon Metals, North America - Silicon Alloys, Europe - Manganese, Europe - Silicon Metals, and Europe - Silicon Alloys[387].

• Volumes decreased 22% Q/Q primarily due to weak demand in chemicals and aluminum in Europe • Energy compensation in France of $31.5m and CO2 compensation of $7.5m provided a benefit, partially offset by higher energy costs of $9.8m and higher raw material of $6.8m • Outlook. Chemicals and aluminum markets are at trough levels, expect improvement in Q2 5 PRODUCT CATEGORY SNAPSHOT Silicon-Based Alloys 500 1,500 2,500 3,500 4,500 5,500 FeSi US CRU spot - import FeSi EU CRU spot Volume trends Volumes decrease ...

REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the Month of February 2023 Commission File Number: 001-37668 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T ...

Ferroglobe PLC (NASDAQ:GSM) Q3 2022 Earnings Conference Call November 16, 2022 8:30 AM ET Company Participants Anis Barodawalla - VP, IR Javier López Madrid - Executive Chairman Beatriz GarcÃa-Cos - CFO & Principal Accounting Officer Benjamin Crespy - COO Craig Arnold - Chief Commercial Officer and EVP, Sales & Marketing Benoist Ollivier - Deputy CEO, Chief Technology & Innovation Officer Conference Call Participants Lucas Pipes - B. Riley Securities Martin Englert - Seaport Research Partners Michael Lam - ...

Ferroglobe Plc (NASDAQ:GSM) Q2 2022 Earnings Conference Call August 16, 2022 8:30 AM ET Company Participants Marco Levi - Chief Executive Officer Beatriz Garcia-Cos - Chief Financial Officer Benjamin Crespy - Chief Operating Officer Benoist Ollivier - Chief Technology and Innovation Officer Gaurav Mehta - Executive Vice President, Investor Relations Conference Call Participants Martin Englert - Seaport Research Partners Brian DiRubbio - Baird Thomas Murphy - Odeon Capital Group Gregory Bennett - Morgan Stan ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-------|-------|--------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Advancing Materials Innovation | | | | | | | | | | | NASDAQ: GSM | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | First Quarter 2022 | | | | | | | | | | | ...

Ferroglobe PLC (NASDAQ:GSM) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET Company Participants Gaurav Mehta - Executive Vice President of Corporate Strategy, Technology, and Investor Relations Marco Levi - Chief Executive Officer Beatriz GarcÃa-Cos Muntañola - Chief Financial Officer Benoist Ollivier - Chief Operating Officer and Deputy CEO Conference Call Participants Martin Englert - Seaport Research Brian DiRubbio - Baird Neill Morgan - BlueBay Operator Good morning, ladies and gentlemen, and ...

Sales Performance - Sales increased by $634,474 thousand, or 55.4%, from $1,144,434 thousand in 2020 to $1,778,908 thousand in 2021, attributed to increased volumes and average realized prices across all product categories [416]. - Silicon metal sales volume increased by 22.5%, with average selling prices rising by 12.4% to $2,511/MT in 2021, compared to $2,234/MT in 2020 [417]. - Silicon-based alloys sales volume increased by 21.3%, with average selling prices increasing by 35.8% to $2,058/MT in 2021, compared to $1,899/MT in 2020 [418]. - Manganese-based alloys sales volume increased by 20.2%, with average selling prices rising by 46% to $1,492/MT in 2021, compared to $1,022/MT in 2020 [419]. - Sales increased by $99,531 thousand, or 23.4%, from $425,277 thousand in 2020 to $524,808 thousand in 2021, driven by higher market prices and strong customer demand [440]. - Sales in Europe - Manganese increased by $236,145 thousand, or 98.3%, from $240,142 thousand in 2020 to $476,287 thousand in 2021, driven by a 20.2% increase in both domestic sales and exports [448]. - Sales in Europe - Silicon rose by $197,629 thousand, or 42.3%, from $467,728 thousand in 2020 to $665,337 thousand in 2021, attributed to a 22.5% increase in both domestic sales and exports [457]. - Sales increased by $36,623 thousand, or 45.5%, from $80,572 thousand in 2020 to $117,195 thousand in 2021, driven by improved demand and market conditions in South Africa [466]. - Sales in other segments increased by $18,234 thousand, or 72.0%, from $25,334 thousand in 2020 to $43,568 thousand in 2021, driven by increased demand and prices due to supply constraints [474]. Operating Income and Expenses - Other operating income increased by $76,458 thousand, or 227.4%, from $33,627 thousand in 2020 to $110,085 thousand in 2021, mainly due to CO2 emissions allowances, which increased in market value by 130.5% [423]. - Other operating income increased by $2,469 thousand, or 84.6%, from $2,916 thousand in 2020 to $5,385 thousand in 2021, mainly due to gains on CO2 emission rights [442]. - Other operating income surged by $632 thousand, or 482.4%, from $131 thousand in 2020 to $763 thousand in 2021, mainly due to sundry sales from the idle Polokwane plant [468]. - Other operating expenses increased by $164,750 thousand, or 124.7%, from $132,059 thousand in 2020 to $296,809 thousand in 2021, mainly due to CO2 emissions provisions [425]. - Other operating expense decreased by $842 thousand, or 6.0%, from $14,098 thousand in 2020 to $13,256 thousand in 2021, due to the recovery of operating expenses following the closure of the Polokwane facility [470]. Staff Costs - Staff costs increased by $66,135 thousand, or 30.8%, from $214,782 thousand in 2020 to $280,917 thousand in 2021, primarily due to restructuring provisions and higher variable considerations [424]. - Staff costs increased by $8,475 thousand, or 11.5%, from $73,988 thousand in 2020 to $82,463 thousand in 2021, attributed to a higher number of employees and adjustments to the Pension Plan [442]. - Staff costs increased by $2,255 thousand, or 20.5%, from $11,013 thousand in 2020 to $13,268 thousand in 2021, primarily due to inflationary adjustments and accrued incentive bonuses [469]. - Staff costs in other segments increased by $14,059 thousand, or 82%, from $17,144 thousand in 2020 to $31,203 thousand in 2021, mainly due to higher personnel needs for the restart of the second furnace in Argentina [477]. - Staff costs decreased by $9,320 thousand, or 45.8%, from $20,333 thousand in 2019 to $11,013 thousand in 2020, attributed to staffing adjustments related to the Polokwane plant shutdown [539]. - Staff costs in other segments decreased by $20,784 thousand, or 54.8%, from $37,928 thousand in 2019 to $17,144 thousand in 2020, due to redundancy payments and further headcount reductions [549]. Financial Performance - Finance costs surged by $82,221 thousand, or 122.7%, from $66,968 thousand in 2020 to $149,189 thousand in 2021, primarily due to Senior Notes refinancing [431]. - Income tax expense variation amounted to $26,501 thousand, or 120.8%, from an expense of $21,939 thousand in 2020 to a benefit of $4,562 thousand in 2021 [436]. - The company recognized an impairment of $73,344 thousand in 2020, with significant amounts attributed to idled facilities in the U.S. ($35,685 thousand) and Europe ($17,941 thousand) [497]. - Impairment losses decreased by $73,481 thousand, or 100.2%, from a loss of $73,344 thousand in 2020 to a gain of $137 thousand in 2021 [427]. - Net gain in the value of assets was $758 thousand in 2021, compared to a net loss of $158 thousand in 2020 [428]. - Impairment losses decreased by $11,361 thousand, or 130.9%, from a loss of $8,677 thousand in 2020 to a gain of $2,684 thousand in 2021, due to the partial reversal of the 2020 impairment [472]. Cash Flow and Liquidity - Operating activities generated a cash flow of ($1,341) thousand in 2021, compared to $154,268 thousand in 2020, mainly due to increases in inventories and receivables [571]. - As of December 31, 2021, Ferroglobe had cash, restricted cash, and cash equivalents totaling $116,663 thousand, a decrease from $131,557 thousand as of December 31, 2020 [572][584]. - Total gross financial debt increased to $618,552 thousand as of December 31, 2021, compared to $551,547 thousand in the previous year [573]. - Working capital position improved to $464,870 thousand as of December 31, 2021, up from $339,610 thousand in 2020, driven by increases in inventories and receivables [577]. - Cash flows from operating activities turned negative at $(1,341) thousand for the year ended December 31, 2021, a significant decrease from a positive $154,268 thousand in 2020 [585]. - Cash flows from investing activities improved, with outflows decreasing to $(23,848) thousand in 2021 from $(31,940) thousand in 2020, reflecting reduced capital expenditures [586]. - Cash flows from financing activities shifted to a net inflow of $10,452 thousand in 2021, compared to a net outflow of $(113,333) thousand in 2020, primarily due to refinancing and new equity issuance [587]. - Capital expenditures for the year ended December 31, 2021, were $27,597 thousand, down from $30,257 thousand in 2020 [578]. - The company anticipates generating sufficient cash to meet both short and long-term liquidity needs [574]. - Ferroglobe paid no dividends during the years ended December 31, 2021, and 2020 [584].

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-------|---------------|------------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Advancing Materials Innovation | | | | | | | | | | | NASDAQ: GSM | | | | | | | | | | | | | | | | | | | | | | | | March 3, 2022 | Fourth Quarter and Full Year 2021 | | | | | | | | ...

Ferroglobe PLC (NASDAQ:GSM) Q4 2021 Earnings Conference Call March 3, 2022 8:30 AM ET Company Participants Gaurav Mehta – Executive Vice President-Investor Relations Marco Levi – Chief Executive Officer Beatriz García-Cos – Chief Financial Officer Benoist Ollivier – Chief Operating Officer and Deputy Chief Executive Officer Conference Call Participants Martin Englert – Seaport Research Phill Larson – Mill Street Capital David McFadyen – Aegon Asset Management Gaurav Mehta Good morning, everyone, and thank y ...