Bhp Group Ltd · ASX:BHP
Bhp — Global Iron Ore and Steel Forecast Conference 2018
13 slides from Bhp's conference presentation, Mar 21, 2018
Slide 1: Global Iron Ore and Steel Forecast Conference Presentation
For personal use only 21 March 2018 To: Australian Securities Exchange Cc: New York Stock Exchange London Stock Exchange JSE Limited Global Iron Ore and Steel Forecast Conference Presentation BHP Asset President, Western Australia Iron Ore, Edgar Basto, presented at the Global Iron Ore and Steel For
Slide 2: Global Iron Ore and Steel Forecast: Unlocking value across our portfolio
For personal use only Global Iron Ore and Steel Forecast Unlocking value across our portfolio Edgar Basto, Asset President Western Australia Iron Ore 21 March 2018
Slide 3: Disclaimer: Forward-looking statements
Disclaimer Forward-looking statements For personal use only This presentation contains forward-looking statements, including statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; plans, strategies and objectives of management; closure or divestment of
Slide 4: Key Themes
Key Themes For personal use only Health and safety are core values and our highest priority Emerging Asia to drive steel demand Our focus on safety, culture and productivity support performance Promoting stability and driving improvement through innovation and work practices Partnering with our comm
Slide 5: Emerging Asia to drive long-term steel demand
Emerging Asia to drive long-term steel demand Global finished steel demand growth breakdown Map of new integrated steel plants2 For personal use only (million tonnes finished steel) 1.7% CAGR Silk Road Economic Belt 3.1% CAGR 21st Century Maritime Silk Road WAIO Source: Platts; worldsteel; BHP analy
Slide 6: Structural reform in China drives demand for quality ore
Structural reform in China drives demand for quality ore For personal use only Low Grade fines type has grown faster than other ore types High grade ore currently remains in high demand Iron Ore Supply Delta to Platts 62% Fe Fines (% of total seaborne supply) (US cents/dmtu) 100% 60 40 80% 20 60% 0
Slide 7: Unlocking value across our business
Unlocking value across our business South Flank sustaining volumes Port Hedland to support further productivity For personal use only • Project scheduled to be submitted for Board approval mid-CY18 • On track to 290Mtpa run rate by end of FY19 • If approved, MAC will become world’s largest stand-alo
Slide 8: Technology improves safety and productivity
Technology improves safety and productivity For personal use only By 2025, our vision is to be fully integrated and highly automated from resource to market Improving safety Removing people from potential exposure to harmful situations • Full truck autonomy at Jimblebar has significantly reduced saf
Slide 9: Continuous improvement culture drives performance
Continuous improvement culture drives performance… For personal use only Frontline actively identifying improvement initiatives • 14% improvement in TRIF1 WAIO annualised run rate Unit cost4 (Iron ore production, Mtpa) (US$/t) • 26% increase in production2 300 30 FY19 exit rate • 48% reduction in co
Slide 10: .. and supports sustainable outcomes
.. and supports sustainable outcomes For personal use only Standardising and simplifying our systems Case Study - Perth Repair Centre Radiator Overhaul • Standardised worksheets and documentation • 85% reduction in recordable injuries • Continuous engagement and reviewing of procedures • 50% reducti
Slide 11: Partnering with Western Australia to Think Big!
Partnering with Western Australia to Think Big! For personal use only Payments to government TOTAL $1.8 billion 80% Goods and services sourced locally $1.5 $63.7 billion million in wages paid to our in contributions to workforce our host communities $2.8 billion Goods and services locally sourced No
Slide 12: Key Themes
Key Themes For personal use only Health and safety are core values and our highest priority Emerging Asia to drive steel demand Our focus on safety, culture and productivity supports performance Promoting stability and driving improvement through innovation and work practices Partnering with our com
Slide 13: For personal use only
Ajuo asn feuosied 10-)
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