Bhp Group Ltd · ASX:BHP
Bhp — Australian Nickel Conference 2017
17 slides from Bhp's conference presentation, Oct 17, 2017
Slide 1: The Nickel West Journey Continues
The Nickel West Journey Continues Eduard Haegel, Asset President Nickel West 17 October 2017 Mt Keith Operation Mt Keith Operation, Nickel West
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; plans, strategies and objectives of management; closure or divestment of certain operations or
Slide 3: Nickel West is well placed to become a globally significant battery material supplier
Nickel West is well placed to become a globally significant battery material supplier Options to extend the life of our assets through the discovery and development of new mines: Yakabindie, Venus, B11 and others Aspiring to increase the capacity of the refinery to 84kt of refined Class I metal by f
Slide 4: The electric vehicle revolution has commenced
The electric vehicle revolution has commenced We met five of the world’s largest battery producers Annual Global Light Vehicle Sales (million cars per year) • Car makers are planning significant growth in electric vehicle sales. 140 100% ICE sales EV sales 90% • Battery producers are expected to mat
Slide 5: The adoption of nickel rich chemistries is accelerating
The adoption of nickel rich chemistries is accelerating Lithium-ion nickel-rich chemistries win Li-ion batteries: Comparison of EV range and base metal cost using Tesla Model 3 NCA 8.5-1-0.5 battery as reference • Virtually all battery producers are moving to higher (km) (USD) nickel-rich chemistrie
Slide 6: Nickel powder and briquettes are best for batteries …
Nickel powder and briquettes are best for batteries … Nickel West has an advantaged position to produce nickel Global Primary Nickel Production 2016 sulphate product (kt) • NPI and Ferronickel are unsuitable for the battery market and 2000 they make up almost half of the world’s production. 1800 • C
Slide 7: …and Nickel West is the world's largest producer of powder and briquettes
…and Nickel West is the world’s largest producer of powder and briquettes Nickel West has an advantaged position to produce nickel Global Briquette and Powder Production FY17 sulphate product (ktpa) 80 • We are the largest producer for briquettes and powder. 70 • We have access to sulphuric acid fro
Slide 8: Nickel West's transition to becoming a battery material supplier is well underway
Nickel West’s transition to becoming a battery material supplier is well underway Sales to the battery sector anticipated to reach 50% by end CY18 • Powder sales to China are growing quickly. • Briquette sales to Japan are growing even more rapidly. • Nickel sulphate production will further increase
Slide 9: Nickel sulphate interest exceeds expectations
Nickel sulphate interest exceeds expectations Significant underlying demand: Stage 1 to 100kt project remains on track • Interest by potential customers in nickel sulphate is significantly exceeding expectations and Stage 1 production capacity. • While conversion to contracts is expected to see dema
Slide 10: Kwinana Refinery is being expanded and modernised
Kwinana Refinery is being expanded and modernised Refinery debottlenecking aspiring to take capacity to 84kt • As debottlenecking investments are being made, the latest technology is being installed. • Nickel sulphate Stage 1 will be fully automated. • Various investments are being made to automate
Slide 11: This year we conducted over 20 visits across the supply chain in China, South Korea and Japan
This year we conducted over 20 visits across the supply chain in China, South Korea and Japan Nickel Metal Nickel Cathode Li-ion cathode Li-ion battery Lithium-ion EV and ESS Units Sulphate precursor active materials cathode battery Cobalt Metal Cobalt Units Sulphate Mn/Al Mn/Al Metal Units Sulphate
Slide 12: These meetings convinced us that there was a rapidly growing market for nickel sulphate
These meetings convinced us that there was a rapidly growing market for nickel sulphate Nickel Metal Nickel Cathode Li-ion cathode Li-ion battery Lithium-Ion EV and ESS Units Sulphate precursor active materials cathode battery Cobalt Metal Cobalt Units Sulphate Mn/Al Mn/Al Metal Units Sulphate Austr
Slide 13: We are making good progress on our cobalt sulphate plans
We are making good progress on our cobalt sulphate plans Nickel Metal Nickel Cathode Li-ion cathode Li-ion battery Lithium-ion EV and ESS Units Sulphate precursor active materials cathode battery Cobalt Metal Cobalt Units Sulphate Mn/Al Mn/Al Metal Units Sulphate Australian Nickel Conference 17 Octo
Slide 14: Together these investments could underpin a cathode precursor plant
Together these investments could underpin a cathode precursor plant Precursor Nickel Metal Nickel Cathode Li-ion cathode Li-ion battery Lithium-ion EV and ESS Units Sulphate precursor active materials cathode battery Cobalt Metal Cobalt Units Sulphate Mn/Al Mn/Al Metal Units Sulphate Australian Nick
Slide 15: Kwinana Refinery has numerous advantages that may support a cathode precursor investment
Kwinana Refinery has numerous advantages that may support a cathode precursor investment Nickel West is conducting a concept study • Kwinana would already host the world’s largest nickel sulphate plant. • Kwinana already uses an ammonia leach process. • Caustic soda is available locally. • The addit
Slide 16: Nickel West aspires to make a difference
Nickel West aspires to make a difference • Nickel West is a fully integrated mine-to-market business with end-to-end control of its supply chain in a safe, low-risk sovereign environment. • We have mineral resources to support the business to 2040 with a series of new mines planned to be developed o
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