Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Macquarie Western Australia Forum 2013
14 slides from Bhp's conference presentation, Oct 16, 2013
Slide 1: BHP Billiton Iron Ore - Macquarie Western Australia Forum
BHP Billiton Iron Ore Macquarie Western Australia Forum bhpbilliton resourcing the future Jimmy Wilson President Iron Ore 15 October 2013
Slide 2: Disclaimer: Forward looking statements
Disclaimer bhpbilliton resourcing the future 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 di
Slide 3: Disclaimer: Mineral Resources
Disclaimer bhpbilliton resourcing the future Mineral Resources This presentation includes information on Mineral Resources (inclusive of Ore Reserves) and Ore Reserves compiled by: P Whitehouse – Mineral Resources (MAusIMM) and T Cockerill – Ore Reserves (MAusIMM) – Western Australia Iron Ore (WAIO)
Slide 4: Key themes
Key themes bhpbilliton resourcing the future Strong steel production outlook continues to underpin iron ore demand The iron ore cost curve is expected to flatten over the medium to long term as the major, low cost producers expand supply Our high quality resource base is a competitive advantage We w
Slide 5: Long term drivers of demand remain intact
Long term drivers of demand remain intact bhpbilliton resourcing the future Global population growth (billion people) 9 Rural population Urban population CAGR1>1.5% CAGR1<1% 6 60% 52% 3 34% 0 1950 1960 1970 1980 1990 2000 2010 2020 2030 GDP change between 2012 and 2025 (2005 real PPP US$ trillion) 3
Slide 6: Chinese steel demand growth rates have moderated, but remain strong in absolute terms
Chinese steel demand growth rates have moderated, but remain strong in absolute terms bhpbilliton resourcing the future Crude steel consumption (kilograms per capita per year) 1,400 1,200 1,000 US Japan Germany Korea China 800 600 400 200 0 0 10 20 30 40 50 GDP per capita (2005 real PPP US$’000s) Ch
Slide 7: Expansions to low cost seaborne supply will flatten the cost curve
Expansions to low cost seaborne supply will flatten the cost curve bhpbilliton resourcing the future Cost curve for iron ore fines (US$/t, nominal, CIF China equivalent basis) 180 160 140 120 100 80 60 40 20 0 CY13 CY15 BHP Billiton will retain a favourable position on the cost curve Our competitive
Slide 8: Our high quality resource base is a competitive advantage
Our high quality resource base is a competitive advantage bhpbilliton resourcing the future Pilbara mineral resources more than doubled in six years… within a concentrated footprint WAIO resources and reserves (billion wet tonnes, 100% basis) +100 years mine life1 25.0 Resource +100 +100 Reserve 20.
Slide 9: We will prioritise the highest returning options
We will prioritise the highest returning options bhpbilliton resourcing the future WAIO Inner Harbour Expansion project is substantially complete First ore loaded during Q1 FY13 from two new ship loaders at Nelson Point Car Dumper 5 processed first ore in late CY12 The Inner Harbour comprises eight
Slide 10: Significant opportunity for debottlenecking and capital efficient growth across our supply chain
Significant opportunity for debottlenecking and capital efficient growth across our supply chain bhpbilliton resourcing the future We can grow system capacity to approximately 260 mtpa to 270 mtpa without the requirement for an additional mining hub or major port and rail infrastructure Pits Train L
Slide 11: Our productivity drive is already yielding strong results
Our productivity drive is already yielding strong results bhpbilliton resourcing the future Mt Whaleback R996 digger productivity (index, July 2012 annualised total movement = 100) 160 140 120 100 80 60 40 20 0 38% improvement over the past 12 months Wet weather Wet weather Jul 12 Aug 12 Sep 12 Oct
Slide 12: Increased fixed plant utilisation has contributed to a significant uplift in ore railed
Increased fixed plant utilisation at the mines has contributed to a significant uplift in ore railed bhpbilliton resourcing the future Mines fixed plant utilisation (%) 88 86 84 82 FY11 FY12 FY13 Railed tonnage performance (mtpa, 90 day moving average) 220 Transition to 120 car rakes (August 12) 200
Slide 13: Key themes
Key themes bhpbilliton resourcing the future Strong steel production outlook continues to underpin iron ore demand The iron ore cost curve is expected to flatten over the medium to long term as the major, low cost producers expand supply Our high quality resource base is a competitive advantage We w
Slide 14: Signatures
bhpbilliton resourcing the future 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: October 15, 2013 By:
BHP Billiton — Macquarie Western Australia Forum 2013 on 6ix