Mineral Resources Limited · ASX:MIN
Mineral Resources — Macquarie Australian Conference 2008
23 slides from Mineral Resources's conference presentation, May 9, 2008
Slide 1: Mineral Resources Limited – Macquarie Australian Conference
Mineral For personal use only Resources Limited An integrated supplier of goods and services to the Resources Sector MACQUARIE CAPITAL SECURITIES Australian Conference Peter Wade, Managing Director 8 May, 2008 Page 1
Slide 2: Consolidated Group Structure
Consolidated Group Structure For personal use only Mineral Resources Limited ACN 118 549 910 “An integrated supplier of goods and services to the Resource sector” Page 2
Slide 3: Board and Management
Board and Management For personal use only Mineral Resources Limited Board Michael Kiernan – Non-Executive Chairman Joe Ricciardo – Non-Executive Director Mark Dutton – Non-Executive Director Chris Ellison – Executive Director Peter Wade – Managing Director PIHA CSI PMI Finance Bob Gavranich Steve W
Slide 4: About Mineral Resources Limited
About Mineral Resources Limited For personal use only • ASX listed in July, 2006 • Formed through the consolidation of 3 associated, long established and successful operations • Full integration effected with no separate reporting of results • PIHA – manufacturing and contracting business for pipeli
Slide 5: Operational Highlights
Operational Highlights For personal use only • Integrated business operation growing strongly • Development of 10 year BOO contract for Windimurra Vanadium project on budget and program • Strong manganese and iron ore sales continuing against background of increased mineral prices • Safety and perfo
Slide 6: Windimurra Construction Progress
For personal use only Windimurra Construction Progress Page 6
Slide 7: Windimurra Lay Down Area
For personal use only Windimurra Lay Down Area Page 7
Slide 8: Windimurra Thickener Foundations
For personal use only Windimurra Thickener Foundations
Slide 9: Highlights - Financial
Highlights - Financial For personal use only • Continued strong earnings growth • Half-year NPAT of $20.06 million; 6 cent interim dividend paid in March, 2008 • Full year 2007/08 forecast NPAT $40.4 million; forecast in excess of 10 cent final dividend payable in November, 2008 • Positive cash posi
Slide 10: Revenue Performance
Revenue Performance For personal use only 250 200 $million 150 100 50 0 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 Forecast Actual Forecast Page 10
Slide 11: EBIT Performance
EBIT Performance For personal use only 60 50 40 $ million 30 20 10 0 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 Forecast Actual Forecast Page 11
Slide 12: Operational Review YTD Performance
Operational Review YTD For personal use only Performance • Business integration substantially complete • Sites operating ahead of tonnage targets • Contracting operations achieving projected profitability • On target to export 300,000 tonnes of manganese • On target to export 220,000 tonnes of iron
Slide 13: Recovery of Iron Ore Lump and Fines Product
For personal use only Recovery of Iron Ore Lump and Fines Product Page 13
Slide 14: Philippines Tenements at Lingayen
For personal use only Philippines Tenements at Lingayen Page 14
Slide 15: Outlook - Market
Outlook - Market For personal use only • Continuing strong global demand for commodities particularly steel making minerals • ‘China story’ to remain expansive in the long term; increased iron ore and manganese demand • Exports through Port Hedland constrained by port infrastructure issues • ‘Credit
Slide 16: Outlook - Operational
Outlook - Operational For personal use only • Safety and quality performance reputation world class • Tonnage expansion of existing crushing operations on selected sites • Progressive award of contracts from project pipeline • Finalisation of drilling and sampling for iron sands in Philippines in 20
Slide 17: Peak Hill Manganese Outcrop
For personal use only Peak Hill Manganese Outcrop Page 17
Slide 18: Peak Hill Manganese Lump Product 32% Mn
For personal use only Peak Hill Manganese Lump Product 32% Mn Page 18
Slide 19: Vermeer Road Header Mining Ore
For personal use only Vermeer Road Header Mining Ore
Slide 20: Cable Laying Operation
For personal use only Cable Laying Operation
Slide 21: Outlook - Corporate
Outlook - Corporate For personal use only • FY2008 results on target for forecast NPAT of $40.4 million • Balance sheet strengthening to support significant additional projects and acquisition initiatives • Level of debt to increase from expenditure on Windimurra project but supported by 10 year con
Slide 22: Off-shore Pipeline to be Buried under Ocean
For personal use only Off-shore Pipeline to be Buried under Ocean
Slide 23: Outlook – Business Strategy
Outlook – Business Strategy Contractor of Choice For personal use only • Maintain core business focus on profitability not turnover • Adding value to clients, adds value to shareholders • Continuing review of Board, management and operating team composition to ‘be the best we can be’. • Growing prof
Mineral Resources — Macquarie Australian Conference 2008 on 6ix