Fortescue Ltd · ASX:FMG

Fortescue — Fortescue Metals Group — Diggers & Dealers Mining Forum 2020

18 slides from Fortescue's conference presentation, Oct 13, 2020

  1. Slide 1: ASX cover letter: Presentation – Diggers & Dealers Mining Forum

    For personal use only 13 October 2020 The Companies Officer Australian Securities Exchange Ltd Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 Dear Madam or Sir PRESENTATION – DIGGERS & DEALERS MINING FORUM Fortescue Metals Group Limited (ASX: FMG) advises that Elizabeth Gaines, Chie

  2. Slide 2: The resources industry contributing to our economy

    For personal use only The resources industry contributing to our economy Elizabeth Gaines, CEO Diggers & Dealers Mining Forum 13 October 2020 1

  3. Slide 3: Important Notice and Forward Looking Statements Disclaimer

    Forward Important Notice The purpose of this presentation is to provide general information about Fortescue Metals Group Ltd (“Fortescue”). It is not recommended that any person makes any investment decision in relation Looking For personal use only to Fortescue based on this presentation. This pres

  4. Slide 4: Our Purpose and Values

    nly For)personal use Our Purpose Thriving communities | Global force Fortescue’s Values BE IRAE

  5. Slide 5: Response to COVID-19

    Response to Prioritise the health of our people, maintain jobs, COVID-19 sustain our business and protect communities For personal use only Temporary extension Additional bus and of operational roster air charter services as needed Temperature and Non-essential site and health testing and office-bas

  6. Slide 6: Excellent operational performance drove record financial results

    Excellent operational performance drove record financial results FY20 highlights For personal use only 2.4 TRIFR 178.2 mt shipped 6% on FY19 14% improvement US $12.94 /wmt US $79 /dmt C1 cost includes US$0.22/wmt Average COVID-19 impact 21% on FY19 US $8.4bn US $4.7bn Underlying EBITDA NPAT 5

  7. Slide 7: Delivering dividends

    Fully franked dividend of A$1.76 per share, Delivering representing a 77% payout of FY20 NPAT dividends For personal use only Dividends declared (A$/share) and payout ratio (%) 78% 77% 2.00 80% 1.76 62% 1.50 60% 52% 1.14 38% 36% 1.00 40% 21% 21% 0.50 17% 16% 0.45 20% 0.20 0.23 0.15 0.07 0.08 0.10 0.

  8. Slide 8: Strong demand for iron ore in China supported by increased imports

    Strong demand for iron ore in China supported by increased imports Sustained growth in China’s crude steel production For personal use only China monthly crude steel output (mt) China monthly iron ore imports (mt) 100 120 95 110 90 100 85 80 90 75 80 70 65 70 60 60 55 50 50 Jan Feb Mar Apr May Jun J

  9. Slide 9: Investing in growth

    Investing in growth For personal use only Executing on product, growth and decarbonisation strategy Eliwana Mine and Rail Project (US$m) Iron Bridge Magnetite Project Pilbara Energy Connect 1,050 - 1,250 619 600 - 650 300 - 400 250 - 350 500 - 700 243 124 50 - 100 50 - 100 17 FY19 FY20 FY21 FY20 FY2

  10. Slide 10: Eliwana Mine and Rail Project

    Eliwana Mine and Rail Project For personal use only Opening up the Western Hub Ore processing facility Eliwana rail bridge 9

  11. Slide 11: Iron Bridge Magnetite Project

    Iron Bridge Magnetite Project For personal use only Construction on schedule Ore processing facility site Iron Bridge camp 10

  12. Slide 12: FY21 guidance

    FY21 guidance For personal use only 175 – 180mt Iron ore shipments US$13.00 – US$13.50/wmt C1 costs based on assumed exchange rate of AUD:USD 0.70 US$3.0 – US$3.4 billion Capital expenditure 11

  13. Slide 13: Sustainability highlights

    Sustainability Thriving communities I Global force highlights For personal use only 19% female employment rate 14% Aboriginal employment across Pilbara operations A$17.2 billion Global economic contribution including A$4.3 billion in taxes 12

  14. Slide 14: Energy infrastructure

    1 3 Energy infrastructure Industry leading emissions reduction goal, to achieve net zero operational For personal use only emissions by 2040, underpinned by practical initiatives Chichester solar gas Pilbara Energy Connect Hydrogen hybrid project  US$100 million investment by  US$250 million Pilba

  15. Slide 15: Protecting Aboriginal heritage

    Detailed processes for the Protecting Aboriginal conduct of Aboriginal cultural heritage heritage surveys, consultation, For personal use only project planning, impact mitigation and negotiation Seven agreements with Native Title Groups Heritage avoidance Primary objective ~6,000 heritage sites Prot

  16. Slide 16: A mining sector supporting Australia's COVID-19 recovery

    We are a Mining sector supporting Australia’s trading COVID-19 recovery For personal use only nation A$19 billion invested in WA’s resource sector in 2019-20 A$100 billion resource projects in the pipeline in WA Record A$102 billion iron ore exports in FY20 A$9.3 billion total royalty revenue to the

  17. Slide 17: Mining industry delivering opportunities

    Mining industry Contributing to the vibrancy of Western Australia delivering opportunities For personal use only New energy technologies Empowering our people and communities Building our regions 16

  18. Slide 18: For personal use only

    a Fortescue w Fortescue © www.fmgl.com.au VY FortescueNews . ( - § Va

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