Bhp Group Ltd · ASX:BHP
Bhp — BMO Global Metals & Mining Conference 2022
12 slides from Bhp's conference presentation, Feb 28, 2022
Slide 1: BMO Global Metals & Mining Conference
BMO Global Metals & Mining Conference Mike Henry Chief Executive Officer Olympic Dam
Slide 2: Disclaimer
Disclaimer Forward-looking statements This presentation contains forward-looking statements, including statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; production forecasts; plans, strategies and objectives of management; closure or divestment of
Slide 3: Continued strong performance
Continued strong performance Record results despite a challenging backdrop Fatality free for the third consecutive year Strong performance at WAIO and Petroleum Record first half earnings and strong shareholder returns Cost control and capital discipline maintained, new net debt range Portfolio chan
Slide 4: H1 FY22 operational and financial highlights
H1 FY22 operational and financial highlights We were safe, more reliable and delivered solid production despite a challenging operating environment Safety Production Unit costs Disciplined A strong half Zero fatalities guidance unchanged for iron ore, copper, cost control HPI 10% compared to FY211
Slide 5: H1 FY22 social value and sustainability highlights
H1 FY22 social value and sustainability highlights We have made significant progress across our goals and targets Operational GHG emissions Climate Transition Action Plan Freshwater withdrawal 16% >85% 3% since H1 FY21, support for our Say on Climate vote, annualised compared to FY21, on track t
Slide 6: Capital Allocation Framework promotes discipline
Capital Allocation Framework promotes discipline Embedded approach towards evaluation of shareholder returns, internal projects and potential external growth options Evaluation approach Valuation multiple H1 FY22 Base Cash returns NPV value and buy-backs Operating Capital productivity productivity C
Slide 7: The power of scale and compound growth
The power of scale and compound growth Population growth, decarbonisation and rising living standards will drive demand for energy, metals and fertilisers for decades Population growth… …of which urban… …creates new demand… …including for capex (world GDP nominal US$*) (world capex nominal US$*) 7.7
Slide 8: Sector leading assets across our commodities
Sector leading assets across our commodities We are actively managing our portfolio for long-term value creation through the cycle Maximising value Iron ore Lowest cost major globally5, no new hubs needed for at least a decade Petroleum Metallurgical coal Creation of a global top 10 World class reso
Slide 9: Levers to deliver value growth
Levers to deliver value growth Increasing options through productivity, internal resources and external opportunities across varying time horizons Organic opportunities Creating new opportunities Escondida Nickel West Brownfield Options Expansion (Copper) (Nickel) Exploration Technology & Innovation
Slide 10: Investment proposition
Investment proposition We grow shareholder value through operational excellence, optimal allocation of capital and sustainably creating high returns Operational Disciplined Value and returns excellence capital allocation World class Continuous Successful Strong Embedded Pipeline of Sustainability In
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Slide 12: Footnotes
Footnotes 1. Slide 4: Zero fatalities at our operated assets. High-potential injuries (HPI) are recordable injuries and first aid cases where there was the potential for a fatality. 2. Slide 5: From FY20 baseline (15.9 Mt CO2-e), which will be adjusted for any material acquisitions and divestments b