Rio Tinto Plc · LSE:RIO
Rio Tinto — Global Iron Ore & Steel Forecasting Conference 2017
11 slides from Rio Tinto's conference presentation, Mar 29, 2017
Slide 1: Global Iron Ore & Steel Forecasting Conference 2017
Global Iron Ore & Steel Forecasting Conference 2017 Kellie Parker | Managing Director Planning, Integration and Assets Perth | 29 March 2017
Slide 2: Cautionary statements
Cautionary statements This presentation has been prepared by Rio Tinto plc and Rio Tinto Limited (“Rio Tinto”). By accessing/attending this presentation you acknowledge that you have read and understood the following statement. Forward-looking statements This document contains certain forward-lookin
Slide 3: Prioritising value over volume
Prioritising value over volume Revenue Price impact of incremental tonnes Protecting quality Capex Maximising free Sustaining cash flow through the cycle Replacement Operating cost Growth Unit cost Impact on cost base ©2016, Rio Tinto, All Rights Reserved 3
Slide 4: Major trends influencing the iron ore market
Major trends influencing the iron ore market Steel production resilient…… …..with continued high cost iron ore supply exits Steel production has been resilient in 2016 Exits of higher cost producers Replacement cycle a more significant driver of steel consumption Lower concentrate availability Scrap
Slide 5: Driving mine to market productivity
Driving mine to market productivity Maximise cash flow from existing asset base Innovation and technology helping drive superior performance Delivering productivity, cost and revenue outcomes ©2016, Rio Tinto, All Rights Reserved 5
Slide 6: Innovation and technology boosting performance
Innovation and technology boosting performance Operations Centre controls and operates: • Autonomous haul trucks • Pits and processing plants • Train loading and unloading • Stockyard stacking and reclaiming machines Autonomous haul trucks • Improved safety, productivity and operating costs • More t
Slide 7: Delivering productivity, cost and revenue outcomes
Delivering productivity, cost and revenue outcomes Train dumping cycle time Indexed to 2015 monthly average High Low Haul Truck Effective Utilisation Avg 1.00 Time %, indexed, 2016, site comparison 0.95 -39% variability 17% 1.21 2015 2016 1.14 Train loading cycle time Indexed to 2015 average 1.00 -7
Slide 8: Pilbara Blend delivering value to customers
Pilbara Blend delivering value to customers Customers value the consistency and liquidity of the Pilbara Blend – Easier to manage blast furnace mix Blending reduces product variability Product quality variance from mean – Technical expertise provided to maximise value in use Fe Alumina Silica Phosph
Slide 9: Unlocking the full potential of our people and assets
Unlocking the full potential of our people and assets ©2016, Rio Tinto, All Rights Reserved 9
Slide 10: Sustaining best value production
Sustaining best value production Low-cost brownfield mine expansions have dominated Pilbara mine capital intensity US$/t installed 120 Bubble size indicates capacity Brownfield mine expansions have dominated Hope Downs 4 production Nammuldi 90 Below Water – Initial brownfield expansions at $9/t Tabl
Slide 11: Delivering optimal value
Delivering optimal value Strong foundation Value over volume Mine to market productivity – Exclusive use of assets, fully integrated system, – Resource development sequencing to optimise consistent returns through the cycle mines and product – Maximise cash flow from existing asset base – Highly-val
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