Mineral Resources Limited · ASX:MIN
Mineral Resources — Shareholder Meeting (November 2016)
15 slides from Mineral Resources's shareholder meeting presentation, Nov 17, 2016
Slide 1: Managing Directors Presentation
MANAGING DIRECTORS PRESENTATION 17 NOVEMBER 2016
Slide 2: Agenda
AGENDA 1. FY16 Highlights 2. Innovation and Growth Priorities 3. FY17 Outlook
Slide 3: FY16 Highlights
FY16 HIGHLIGHTS MRL LOCOMOTIVES IN ACTION MRL DESIGNED AND BUILT 25MTA CRUSHING & SCREENING PLANT
Slide 4: Operational Highlights
OPERATIONAL HIGHLIGHTS In FY16 MRL continued its track record of growth Installed Crushing Capacity (millions tonnes per annum) 135 120 105 90 75 60 45 30 15 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 Commodity Exports (millions tonnes per annum) 14 12 10 8 6 4 2 0 2008 2009 2010 2011 2012 2013
Slide 5: FY16 Operational Highlights
FY16 OPERATIONAL HIGHLIGHTS MRL delivered an 11% and 14% increase in crushing and export volumes respectively MINING SERVICES COMMODITY BUSINESS ANNUITY STYLE EARNINGS TRANSACTIONAL EARNINGS PROFIT SHARE EARNINGS • Increased equivalent crushing • Lower EPC revenue from • Export volumes increased cap
Slide 6: FY16 Financial Highlights
FY16 FINANCIAL HIGHLIGHTS Stable earnings and improved margins despite difficult commodity price environment • Revenue of $1.2bn in line with pcp • Lower transaction revenue (EPC) in Mining Services and lower global iron ore prices, offset by an increase in export volumes in the Commodity business •
Slide 7: FY16 Safety Performance
FY16 SAFETY PERFORMANCE Driving our Safety standards to challenge best practice MRL – Total Recordable Injury Frequency Rate – year on year 16 14.7 • The 12 month Total Recordable Injury Frequency Rate (TRIFR) decreased to 4.91 for the YTD. 14 12 • The 12 month Lost Time Injury Frequency Rate (LTIFR
Slide 8: Growth Priorities and Innovation
GROWTH PRIORITIES AND INNOVATION MT MARION LITHIUM PLANT RECLAIMER AT CARINA
Slide 9: Growth Priorities and Innovation: Growth of existing business
GROWTH PRIORITIES AND INNOVATION 1. Growth of existing business BUILD, OWN, MT MARION WODGINA PROFIT SHARE OPERATE (PROFIT SHARE) (PROFIT SHARE) PROJECTS • Site acquired in FY16 including • Expect to continue • Management • Plant and site existing infrastructure (10MW to grow iron ore expects to inf
Slide 10: Yilgarn Profit Share Update
GROWTH PRIORITIES AND INNOVATION 1. Growth of existing business YILGARN PROFIT SHARE UPDATE • Approvals at J5 and Bungalbin East • MRL has submitted a are critical to MRL’s Yilgarn comprehensive environmental operations continuing beyond 2017 impact assessment (approx. 5.4mt p.a) • Almost 1,500 subm
Slide 11: Growth Priorities and Innovation: Innovation in supply chain
GROWTH PRIORITIES AND INNOVATION 2. Innovation in supply chain BOTS / BOSS ROAD TRANSPORT REMOTE POWER CARBON FIBRE • Design is complete • Super quad haulage • MRL’s remote power • 1st dump truck tray and verified for both configuration now in solution successfully expected to be BOTS (Bulk Ore plac
Slide 12: Innovation in supply chain: designs and equipment
GROWTH PRIORITIES AND INNOVATION 2. Innovation in supply chain MRL’S DESIGN - BULK ORE TRANSPORT SYSTEM CONCEPT DESIGN OF MRL’S CARBON FIBRE TRUCK TRAY MRL’S FIRST SUPER QUAD ROAD TRAIN ON SITE AT IRON VALLEY IN THE CRYOGENIC PLANTS FOR CONVERTING PILBARA REGION NATURAL GAS
Slide 13: FY17 Guidance Update
FY17 GUIDANCE UPDATE MRL’S BULK ORE SHUTTLE SYSTEMALIA MRL’S NEW 160 TONNE MEGAQUAD
Slide 14: FY17 Financial Guidance
FY17 FINANCIAL GUIDANCE EBITDA guidance of between A$380m and A$420m (assumes proportional consolidation of Mt Marion) key assumptions • Iron ore US$60 per tonne • AUD / USD to average 0.75 • 12.5m tonnes of iron ore export • Iron ore CFR cash costs remain at H2 FY16 levels • Mt Marion full producti
Slide 15: Stable earnings and improved margins despite difficult commodity price environment
“STABLE EARNINGS AND IMPROVED MARGINS DESPITE DIFFICULT COMMODITY PRICE ENVIRONMENT”
Mineral Resources — Shareholder Meeting (November 2016) on 6ix