Bhp Group Ltd · ASX:BHP
Bhp — Diggers and Dealers Mining Conference 2018
18 slides from Bhp's conference presentation, Aug 6, 2018
Slide 1: Nickel West: Think big - A view to the future
Nickel West: Think big A view to the future Eduard Haegel, Asset President Nickel West Diggers and Dealers Mining Conference, 6 August 2018 Leinster Nickel Operation Western Australia
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: Mineral Resources and Competent Person Statement
Mineral Resources and Competent Person Statement Competent Person Statement The information in this presentation that relates to Nickel West Mineral Resources as at 30 June 2017 (below) is based on information compiled by Marcel Menicheli a Competent Person who is a Member of The Australian Institut
Slide 4: Mt Keith concentrator exceeds 40kt of nickel in concentrate for the first time since FY11
Mt Keith concentrator exceeds 40kt of nickel in concentrate for the first time since FY11… World-class concentrator performance Metal in Concentrate (kt Ni) • Best in class for BHP >8300 operating hours per year. 50 40 • Advanced Analytics and other projects have delivered a two to three per cent re
Slide 5: …with our plans to 2040 underpinned by 6.2 mt contained nickel metal in Resource
…with our plans to 2040 underpinned by 6.2 mt1 contained nickel metal in Resource Mt Keith Satellite Project (Yakabindie) will be the first of a ALBION DOWNS JV series of new developments • Mining is planned to commence in H1 CY19, pending approvals, and will be integrated with the existing BHP oper
Slide 6: World-class mining fleet performance at Mt Keith has reduced costs and created new opportunities
World-class mining fleet performance at Mt Keith has reduced costs and created new opportunities… Two additional cut-backs enter the plan 793D Annualised Hours • Mining productivity has improved dramatically over the past 7,000 few years pursuing the simple idea that ‘trucks never stop and trucks ne
Slide 7: Commencement of a concept study to expand the Mt Keith concentrator to 50ktpa
…including the commencement of a concept study to expand the Mt Keith concentrator to 50ktpa Low cost de-bottlenecking will unlock capacity • Mt Keith concentrator is constrained by grinding capacity. Third SAG • A third SAG mill would remove this constraint. mill concept • Additional grinding capac
Slide 8: Leinster concentrator is rebuilding production
Leinster concentrator is rebuilding production… The closure of Perseverance underground mine in 2013 had a Metal in Concentrate (kt Ni) dramatic impact on production 45 40 • FY17 and FY18 improvements enabled by the restart of Leinster 35 underground, Rocky’s Reward 2 and Cliffs Underground. 30 25 •
Slide 9: …by developing our known resource base at Leinster
…by developing our known resource base at Leinster Best corridor for exploration, utilising existing underground access Perseverance Pit Portal Rocky’s Reward Pit Harmony Pit CB2 CB3 CB4 D2 D3 Curiosity 1A 1B B11 Venus 1 km Eduard Haegel: Asset President – Nickel West 6 August 2018 9
Slide 10: Venus is now approved for execution
Venus is now approved for execution … Venus has been approved 2017 2018 • Definition drilling has focused on the upper area. Results reaffirm the very attractive economics of Venus. • Venus drilling from the lower level is ongoing. • First stoping production is expected towards the end of FY19. • Co
Slide 11: Leinster B11 development underway with approved initial funding
…Leinster B11 development underway with approved initial funding. Final approval may be later this year. Block caving would deliver safe, low cost production Leinster B11 ‘baby’ Block Cave design • Low capital, low operating cost development. • Small, high-grade cave. • Safest design, ideally suited
Slide 12: Cutback 3 has commenced at Rocky's Reward
…and following the success of Cutback 2, Cutback 3 has commenced at Rocky’s Reward Rocky’s Reward Cutback 3 (CB3) has commenced Stage 1 and 2 Stage 3 Stage 4 • Rocky’s Reward Cutback 2 was completed in July. • Nickel produced significantly exceeded expectations. • Rocky’s Reward Cutback 3 will deliv
Slide 13: Transition to a globally significant battery materials supplier
These investments in our mines support our transition to becoming a globally significant battery materials supplier Expected increasing sales and demand for the battery segment % of Refinery Sales 100% Forecast 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 20
Slide 14: With all regulatory approvals received, Nickel Sulphate Stage 1 (100kt) will accelerate
With all regulatory approvals now received, Nickel Sulphate Stage 1 (100kt) will start to accelerate… Product Feed / Bagging Powder Leach Crystalliser Aeration / Filtration Eduard Haegel: Asset President – Nickel West 6 August 2018 14
Slide 15: …and preparations for Stage 2 approvals have commenced
…and preparations for Stage 2 approvals have commenced Product Feed / Bagging Crystalliser (Stage 2) Powder Leach Crystalliser Aeration / Filtration Powder Leach (Stage 2) Eduard Haegel: Asset President – Nickel West 6 August 2018 15
Slide 16: Mini plant at CSIRO produces 100 kg/day of on-spec nickel sulphate
…while the mini plant at CSIRO produces 100 kg/day of on-spec nickel sulphate – ready for our customers High-quality nickel sulphate at our mini-plant in Perth Nickel Sulphate final specification • We have tested the process design to prove that we will produce Element Typical Pilot Plant Unit a qua
Slide 17: Our people and culture are a material strength of the business
Our people and culture are a material strength of the business “Think Big” Process Trainees, Kalgoorlie Nickel Smelter Our vision was created by our employees: Nickel West seeks to energise the future through innovation and excellence. • Consistent plan delivery, innovative low-cost solutions, and p
Slide 18: Slide 18