Bhp Group Ltd · ASX:BHP
Bhp — Rio Tinto — Merger or Acquisition (October 2008)
16 slides from Bhp's merger presentation, Oct 27, 2008
Slide 1: Filed by BHP Billiton under Rule 425
Filed by: BHP Billiton Plc and BHP Billiton Limited Pursuant to Rule 425 under the Securities Act of 1933 Subject Company: Rio Tinto plc Commission File No.: 001-10533 The following are slides comprising a presentation that was given on October 26, 2008.
Slide 2: Iron Ore: resourcing the future
IronOctober Ian 26 resourcing bhpbilliton Ashby, Ore thePresident 2008 future
Slide 3: Disclaimer
Byaffect Disclaimer such to Subject no Billiton from has securities, approval securities Securities The This restrictions. Markets (iii) Certain production typically numerous expectations achievements Factors successfully of completion Form Exchange, Slide resourcing bhpbilliton any reliance reviewi
Slide 4: Disclaimer: Additional Information for US Investors
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Slide 5: Quarterly iron ore production and shipments
Quarterly (mt, 25 Q1 Record Pilbara Samarco Chinese Iron Slide resourcing bhpbilliton 26 FY07 WAIO Ore Ore’s 428production shipments quarterly growth remains production 29 Q1 Shipments, low the and 30 FY08 future cost, 31 Samarco has shipments confident in recovering Q2 softened high record the BHP
Slide 6: Western Australia Iron Ore growth projects
Expected Western (mtpa, Advanced Operating Project Completed Construction Early Mine Pre-feasibility External Expect 122 FY08 Status Completion 109 Notes: Attributable Slide resourcing bhpbilliton 205development mtpa and commitments RGP3* FY08 100% 26 final early 53% Australia approvals Growth capac
Slide 7: Pilbara resource potential and hubs
Expected Roy Yandi Scale Upper Central Marillana Ministers Mining Area Coondewana Opthalmia Mt. Jimblebar Prairie Large Infrastructure Product More Smaller BHP Source: Equity The results target Slide Resource resourcing bhpbilliton Whaleback Potential Hill Billiton Billiton’s C61: resource range Hub
Slide 8: Unlocking value through combination
The 1 Lower Unlocking 2 Deployment Greater Better Efficient 3 Economies Avoid Accelerate Slide resourcing bhpbilliton Optimising Enhanced Unique combination: 7duplication, positioned cost, ability exploration synergies the volume tonnage of platform more of mineral scale future to scarce develop as
Slide 9: Central Pilbara overlapping infrastructure
Early Nelson Finucane Cape 215km Yarrie East Dampier Parker Mine Rio kilometres Deepdale Operations BHP 313km Marandoo Brockman HI 456km Tom Hope 340km MAC West OB 386km Paraburdoo 410km Port 435km Jimblebar 426km Newman MAP W N 0 Perth Slide km resourcing bhpbilliton 20 estern Yandi 23/25 Tinto Hed
Slide 10: Yandi: single deposit split into multiple ownership segments
Yandi The Rio BHP 313km Marandoo Brockman HI 456km Tom Hope 340km MAC West OB 386km Paraburdoo 410km Slide 435km Jimblebar 426km Newman resourcing bhpbilliton Yandi 23/25 Tinto Yandi Price Yandi Billiton Angeles 9Downs expected Operations ore theYandi Operations body future to deliver is a single a
Slide 11: Combined entity business fit and exposure
Unlocking 1 Business 2 3 4 Slide bhpbilliton A Exposure Combined Enhanced natural 10 value: fit to earnings entity –overlapping common Anticipated will through have strategies, iron aquantified Core unique ore basin benefits heritage, portfolio synergies positions inculture the of Iron world and and
Slide 12: resourcing the future
resourcing the future bhpbilliton
Slide 13: Site tour: Rio Tinto Hope Downs
Site Rio Hope North Blockpiles BHP Iron Early Area Crushing Camp E Overland Block C Rail Infrastructure Jimble W3 Process Train W4 One Additional Blockpile Slide bhp resourcing and Deposit Tinto Deposits Deposit billiton tour: Ore Bodies Handling Loop loop Billiton C 12 Loadout tonnes down D Pits Cr
Slide 14: Site tour: Yandi
Site Yandi Additional Central Primary Western Camp Eastern Train Marillana Stockpiles Junction Conveyor To BHP Rio H Ore Rail Infrastracture Slide resourcing bhpbilliton Yandi Port Cape Mining Tinto Handling Processing Bodies tour: Loop Billiton 13 Loadout Loadouts expected Deposits Hedland Crusher
Slide 15: Site tour: Newman Hub
Site Kurra Shuttle Reclaimer Upgraded Car BHP Large Expected (mtpa, Advanced 122 Completed Early Project 45 Mine External Expect 240 300 60 > 50 FY08 Status Operating Feasibility Construction Completion Concept Pre-feasibility Concentrated Optimal Capable Reduces Infrastructure Product Smaller Weste
Slide 16: Site tour: Jimblebar and Newman satellite ore bodies
Site tour: Screening New Newman Orebody Photo: Jimblebar SOB Crushing body) Coarse Train Rail Viewing Slide resourcing bhpbilliton to Stockyards Shuttle 15 Loadout Construction satellite Ore Platform 25 18 Townsite Hub Station Newman Plant the Stockpile Train development future -ore Concrete --bin B