Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Global Iron Ore & Steel Forecast Conference (March 2016)
12 slides from Bhp's conference presentation, Mar 8, 2016
Slide 1: Global Iron Ore & Steel Forecast Conference
Safe. Productive. Efficient. Global Iron Ore & Steel Forecast Conference Edgar Basto Asset President Western Australia Iron Ore 8 March 2016 Eastern Ridge
Slide 2: Disclaimer: Forward-looking statements
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: Quote from CEO on Samarco
“We are in this for the long term and will continue to work with Vale and the people of Samarco to make sure there is a strong future for the region.” Andrew Mackenzie, BHP Billiton CEO 8 March 2016 Edgar Basto, Asset President Western Australia Iron Ore Slide 3
Slide 4: Key themes
Key themes The health and safety of our people and the communities in which we operate always come first China’s steel demand growth slowing as the country transitions to the next phase of development The cost curve will continue to flatten in the medium-term as low-cost supply exceeds demand growth
Slide 5: Short-term market outlook remains challenging
Short-term market outlook remains challenging Steel demand growth in China will remain weak in the short term current cyclical downturn primarily driven by an oversupplied property market Chinese steel demand becoming more variable as the country transitions to the next stage of development Supply s
Slide 6: Prolonged period of market rebalancing
Prolonged period of market rebalancing The cost curve will continue to flatten in the medium term as low-cost supply exceeds demand growth the marginal cost of supply continues to decline Iron ore contestable demand will peak inline with China’s steel production and increased scrap availability manu
Slide 7: Safe and sustainable operations above all else
Safe and sustainable operations above all else Continued focus on culture of safety managing and controlling fatal risks eliminating serious injuries across our business Simple approach to productivity enables continuous safe and sustainable improvement understanding the key value and cost drivers u
Slide 8: Relentless pursuit of the basics
Relentless pursuit of the basics Equipment productivity is driving further volume growth better coordination of major plant shuts improved shutdown practices extended and optimised wear life of major components The value of the marginal tonne remains high 245 to 270 Mtpa with no fixed plant investme
Slide 9: Continuing to deliver exceptional performance
Continuing to deliver exceptional performance 0 10 20 30 H1 FY14 H2 FY14 H1 FY15 H2 FY15 H1 FY16 Our resource position enables sustained delivery of a high-quality, low-cost product over the long-term WAIO delivered strong results in H1 FY16, despite significantly weaker prices FOB unit cost of US$1
Slide 10: Productivity expedited under simplified organisational structure
Productivity will be expedited under our simplified organisational structure Globally Integrated Functions / Marketing BHP Billiton will have two regional units; Minerals Australia and Minerals Americas; and Petroleum as a third unit Western Australia Iron Ore will form part of Minerals Australia Ou
Slide 11: Key themes
Key themes The health and safety of our people and the communities in which we operate always come first China’s steel demand growth slowing as the country transitions to the next phase of development The cost curve will continue to flatten in the medium-term as low-cost supply exceeds demand growth
Slide 12: Signatures
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BHP Billiton Limited and BHP Billiton Plc Date: March 8, 2016 By: /s/ Rachel Agnew Name: Rachel Agnew T
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