Mineral Resources Limited · ASX:MIN
Mineral Resources — Shareholder Meeting (November 2020)
23 slides from Mineral Resources's shareholder meeting presentation, Nov 19, 2020
Slide 1: Chris Ellison, Managing Director - 2020 Annual General Meeting
Chris Ellison Managing Director 2020 Annual General Meeting 1
Slide 2: Contents
01 Our Response to COVID-19 3 02 FY20 Highlights 4 CONTENTS 03 Introduction to Mineral Resources 04 FY20 Performance 5 6 05 Our Future Plans 13 2
Slide 3: Our Response to COVID-19 Video
Our Response to COVID-19 Video Available at www.mrl.com.au post AGM 3
Slide 4: FY20 Highlights
FY20 Highlights Mining Services • Keeping our people safe and employed during • Production volume up 65%1 COVID-19 and our operations running • Revenue up 50%2 • Best full year result ever: • Full year EBITDA over $2.0bn, including Iron Ore $1.3bn capital gain • Maximised volumes to capitalise on st
Slide 5: Introduction to Mineral Resources
World’s largest crushing contractor Leading pit-to-port mining services provider WONMUNNA World’s top 5 lithium miner with joint ownership of the largest hard rock lithium deposit Australia’s 5th largest iron ore producer Major holder of exploration permits in Perth Basin’s highly prospective gas ac
Slide 6: FY20 Performance
FY20 Performance 6
Slide 7: Sustainability Performance – Safety
Sustainability Performance – Safety Injury Frequency Rates Per million hours worked 3,800+ 14.52 1.4 Employees & Contractors1 14 1.32 TRIFR LTIFR 38%2 increase in 2020 Lost Total Injury Frequency Rate (LTRIFR) Total Recordable Injury Frequency Rate (TRIF) 1.2 12 10 0.89 1 0.00 8 0.8 LTI3 7.15 5.99 0
Slide 8: FY20 Financial Performance Summary
FY20 Financial $2.1bn 49.6% Performance Revenue ROIC ↑41% on FY19 After Tax Summary $2.01bn $765m EBITDA EBITDA (statutory) (underlying) ↑420% on FY19 ↑77% on FY19 $1.5bn 100cps Cash Dividends ↑$1.3bn on FY19 ↑127% on FY19 8
Slide 9: Shareholder Value Creation
Shareholder Value Creation Return on Invested Capital After Tax Cumulative Returns to Shareholders Share Price Performance Since Listing 19% p.a. Growth in Dividends Total Shareholder Returns $m 50% $4,500 $500 $4,000 $450 40% $3,500 $400 $350 30% $3,000 $300 $2,500 20% $250 $2,000 $200 10% $1,500 $
Slide 10: Sustainability Performance
Sustainability Performance 15.4% Greenhouse Gas (GHG) Emissions1,2 300 3.59 4.0 250 Emissions Intensity CO2 Equivalent (kt) 200 2.89 Female employees 150 2.0 16% improvement 100 50 0 FY19 FY20 0.0 34 44 Diesel Gas Electricity purchased Emissions Intensity Apprentices Trainees/Graduates $185m 20% low
Slide 11: Sustainability – Community Engagement
Sustainability – Community Engagement 37% higher Community contributions 40+ organisations health & wellbeing, education, employment Six Pillars of Community Engagement Business Aboriginal Aboriginal Stakeholder Development Employment Native Title Heritage Engagement Engagement & Capacity & Training
Slide 12: FY20 Performance
FY20 Performance Mining Services Commodities • Volumes increased 65% yoy • Koolyanobbing - 7.4Mt shipped • 22 Crushing & Processing plants • Iron Valley - 6.7Mt shipped • Contracts - 2 new, 4 renewed, 1 completed • Mt Marion - 394Kdmt spodumene concentrate shipped • 23 Rail locomotives and 844 rail
Slide 13: Our future plans
Our future plans 13
Slide 14: Growth Strategy
Port Hedland Growth Strategy SOUTHWEST CREEK • Increase the growth rate of our mining services business DEVELOPMENT • Leverage our build, own, operate capability to expand UTAH POINT ASHBURTON STRATEGY our pit-to-port services and infrastructure offerings INFRASTRUCTURE DEVELOPMENT • Longer-life, hi
Slide 15: Yilgarn Hub
DECEPTION ®@ CARINA me fa) PERTH i) (ESPERANCE Kilometres
Slide 16: Utah Point Strategy
_IRON V. O. PHILS CREEK WEDGE ae
Slide 17: Ashburton Infrastructure Development
ASHBURTON INFRASTRUCTURE DEVELOPMENT 17
Slide 18: Southwest Creek Development
SOUTHWEST CREEK DEVELOPMENT 18
Slide 19: Lithium
Lithium Mt Marion MARBL JV a ANS) MINERAL, SX RESOURCES
Slide 20: Thank you – Any questions
Thank you – Any questions 20
Slide 21: Glossary
Glossary 1H, 2H, FY First half, second half, full year K Thousand $ Australian dollar M Million US$ United States dollar Net debt / (cash) Gross debt less cash and cash equivalents CAGR Compound annual growth rate NPAT Net profit after tax CFR Cost and freight rate PBT Profit before tax CFR cost Ope
Slide 22: Disclaimer
Disclaimer This presentation has been prepared by Mineral Resources Limited (“MRL” or “the Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities.
Slide 23: www.mrl.com.au
OFFICE: 1 Sleat Road, Applecross, WA 6153 POSTAL: PO Locked Bag 3, Canning Bridge LPO, Applecross, WA 6153 P +61 8 9329 3600 F +61 8 9329 3601 www.mrl.com.au 23
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