Bhp Group Ltd · ASX:BHP
Bhp — BofA Securities 2022 Global Metals, Mining & Steel Conference
19 slides from Bhp's conference presentation, May 17, 2022
Slide 1: News Release: BofA Global Metals, Mining and Steel Conference
NEWS RELEASE Release Time IMMEDIATE Date 17 May 2022 For personal use only Release Number 14/22 Bank of America Global Metals, Mining and Steel Conference BHP CEO, Mike Henry, will present at the Bank of America Global Metals, Mining and Steel Conference today at 9:00am US Eastern time (11:00pm Melb
Slide 2: Media and Investor Relations contacts
Media Relations Investor Relations Email: media.relations@bhp.com Email: investor.relations@bhp.com Australia and Asia Australia and Asia For personal use only Gabrielle Notley Dinesh Bishop Tel: +61 3 9609 3830 Mobile: +61 407 033 909 Mobile: +61 411 071 715 Europe, Middle East and Africa Europe, M
Slide 3: 2022 Global Metals, Mining & Steel Conference Presentation & speech
For personal use only BofA Securities 2022 Global Metals, Mining & Steel Conference Presentation & speech 17 May 2022
Slide 4: Opening remarks and operating performance
BHP For personal use only INVESTOR Good morning everyone. Thank you for the opportunity to speak with you this morning about how BHP is performing and how we are positioning ourselves for the future. I will talk about two things: firstly, the consistency of our business and stability of our cash f
Slide 5: BHP Investor
For personal use only BHP 2 INVESTOR
Slide 6: Demand outlook for commodities
BHP For personal use only INVESTOR As I said, we continue to perform well and to execute our strategy. Notwithstanding the challenging near term environment, we continue to see a generally healthy outlook for demand for our commodities. It’s clear though that the effects of the pandemic are not yet
Slide 7: Strong and consistent results and cash flows
BHP For personal use only INVESTOR We are delivering strong and consistent results. This has been enabled by the portfolio choices we have made over time, by our operating performance, and through our approach to capital allocation, set out in 2016. We have consistently achieved higher margins than
Slide 8: Jansen potash project and potash fundamentals
BHP For personal use only INVESTOR Shifting focus now to our largest current growth option, I would like to talk about our investment in the Jansen potash project. This project, as well as the future opportunity it opens up, is pretty exciting. We have been positive on potash fundamentals for many y
Slide 9: Jansen Stage 1 execution on track
BHP For personal use only INVESTOR In August last year, we approved the first stage of Jansen. I only wish we’d approved this a decade ago! We’d be generating an additional US$2 to US$3 billion of EBITDA per year. However, all decisions have their right timing and we found Jansen’s. Jansen Stage 1 i
Slide 10: Jansen: Execution on track, Stage studies underway (continued)
BHP INVESTOR Jansen: Execution on track, Stage 2 studies underway (continued) Across all four stages at Jansen, we have a path to between 16 and 17 million tonnes of annual production – approximately a quarter of the current market size, although the market will have grown by the time they all come
Slide 11: Growth optionality in copper and nickel resources
BHP For personal use only INVESTOR The growth optionality that comes with owning a large resource like Jansen is also inherent in our existing copper and nickel resources – an enviable position to be in when recently there have been so few new large scale, high grade, discoveries globally. Having ju
Slide 12: Organic growth, exploration and technology
BHP For personal use only INVESTOR In terms of high returning production growth, our current portfolio of large, long-life resources offers plenty of opportunity for organic growth: making more out of what we already have, which is significant, including for copper and nickel as you have just seen.
Slide 13: Capital allocation and shareholder returns
BHP For personal use only INVESTOR Even as we consider options for growth, we keep a sharp eye on the disciplined and transparent allocation of capital and maintaining a strong balance sheet. When we look at how we have allocated capital since FY16, we’ve balanced reinvestment in the business with c
Slide 14: This is BHP
BHP For personal use only INVESTOR This is BHP. We continue to demonstrate our ability to execute well through all of the challenges the world and industry have faced over the past twelve months, and continue to face. We have maintained safe, reliable operations, and progressed a number of strategic
Slide 15: BHP Investor
For personal use only BHP 12 INVESTOR
Slide 16: BHP Investor
For personal use only BHP 13 INVESTOR
Slide 17: BHP Investor
For personal use only BHP 14 INVESTOR
Slide 18: BHP Investor
For personal use only BHP 15 INVESTOR
Slide 19: BHP Investor
For personal use only BHP 16 INVESTOR
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