Fortescue Ltd · ASX:FMG
Fortescue — Fortescue Metals Group — WA Mining Club (July 2019)
20 slides from Fortescue's conference presentation, Jul 4, 2019
Slide 1: Delivering on our strategy; driving future growth for WA
For personal use only Delivering on our strategy; driving future growth for WA 4 July 2019 Together we are Fortescue
Slide 2: Forward looking statements
Forward looking statements For personal use only Disclaimer Important Notice Additional Information The purpose of this presentation is to provide general information about Fortescue This presentation should be read in conjunction with the Annual Report at Metals Group Limited ("Fortescue"). It is n
Slide 3: A world class company
A world class company For personal use only >1.1 billion ~170mtpa tonnes shipped Production rate Core supplier Low cost to China producer 3
Slide 4: Placeholder - new corporate video
For personal use only • PLACEHOLDER – NEW CORPORATE VIDEO 4
Slide 5: Fortescue's Values
Fortescue’s Values For personal use only Our Vision: The safest, lowest cost, most profitable mining company. 6
Slide 6: Eliwana and Iron Bridge
Eliwana and Iron Bridge For personal use only Building on Fortescue’s unparalleled track record and capability in safely developing and operating major iron ore projects in the Pilbara 7
Slide 7: Eliwana Mine and Rail Project
Eliwana Mine and Rail Project For personal use only US$1.275bn 143km rail First ore on capital investment 30mtpa dry OPF train Dec 2020 Underpins the Detailed On target for future of West design led by delivery on time Pilbara Fines in-house team and budget 8
Slide 8: Iron Bridge Magnetite Project
Iron Bridge Magnetite Project For personal use only US$2.6bn investment in Stage 2 underpinned by Fortescue’s track record in development and operations 22 wmtpa* 67% Fe, low Low capital First ore impurity intensity and 1H CY22 premium product operating cost Delivering Stage 1 pilot and Industry-lea
Slide 9: Iron ore price
Iron ore price For personal use only Price spreads have narrowed due to lower steel margins 160% 150% 140% 130% % Mysteel 62 Port Index 120% 110% 100% 90% 80% 70% 60% 50% 40% 10 FBF - Mysteel SSF - Mysteel Mysteel - 65 Index Mysteel - 62 Index
Slide 10: Integrated operations and marketing
Integrated operations and marketing For personal use only Direct Collaborative customer operations engagement and marketing driving deep to capitalise on market insights market opportunities Co-location of key Margin decision makers optimisation enabling rapid through rapid response product mix to m
Slide 11: Achieving our strategy to deliver majority of product over 60% Fe
Achieving our strategy to deliver majority of product over 60% Fe For personal use only Increasing Fortescue’s average grade • Competitively positioned across all product segments • Flexibility to optimise margins through iron ore market cycles • Highest grade Australian product with global scale in
Slide 12: Building strong relationships with China
Building strong relationships with China For personal use only WA companies have forged strong connections with China Major supplier Investment of iron ore and financing to China relationships Over US$1billion Academic, policy in procurement and community from China engagement 13
Slide 13: Looking forward: the next five years
Looking forward: the next five years For personal use only 14
Slide 14: World class exploration
World class exploration For personal use only Opportunities that will be driven by market demand Pilbara Australia Iron ore, lithium NSW ~2,000km2 tenure SA ~6,000km2 tenure South America Portugal Ecuador, Colombia Lithium Argentina Copper, lithium 15
Slide 15: Innovation agenda
Innovation agenda For personal use only World first AHS on Industrial commercial scale autonomous >29 million km mobility safely travelled LV trials on site Energy strategy Hydrogen Renewable energy, Technology, operations, reduced emissions and domestic industry, increased connectivity global suppl
Slide 16: WA: the nation's engine room
WA: the nation’s engine room For personal use only WA GSP 14% of WA 17% of Australia’s GDP * Australia’s business investment * WA exports WA is the world’s accounted for most diversified 35% of Australian mining and energy exports* jurisdiction 17 *Source: WA Economic Profile– February 2019, Dept of
Slide 17: Our shared challenge
Our shared challenge For personal use only 18
Slide 18: Our continuing contribution to WA
Our continuing contribution to WA For personal use only Global Operational leaders excellence and in safety sustainable investment Building our Building skills base strong and diversity communities 19
Slide 19: Creating shared value
Creating Strength of WA’s shared value For personal use only mining and resource sector Delivering on our strategy and generating strong returns Embracing our shared challenge 20
Slide 20: Fortescue - The New Force in Iron Ore
For personal use only @: Fortescue The New Force in Iron Ore www.fmgl.com.au Ww FortescueNews