Jansen Project Site, Saskatchewan Deutsche Bank BRICS Metals & Mining Conference Andrew Mackenzie Chief Executive Non-Ferrous 2 November 2011
Disclaimer Exploration Targets and Mineral Resources This presentation includes information on Exploration Targets (Potential Mineralisation) and Mineral or Coal Resources. Mineral Resources are compiled by: P Whitehouse (MAusIMM)…
Agenda Long term supply demand fundamentals remain intact Positioned to capture the opportunity, today and tomorrow Strong margins and returns reflect the quality of our business Our tier 1, diversified resource portfolio…
Long term supply demand fundamentals remain intact World GDP per capita1 (US000, real 2005 PPP) 50 US Bubble size = GDP of US5 trillion (real 2005 PPP) 40 Australia Canada Japan US Eurozone 30 1980 China South 2030 Korea 20…
Supply likely to remain constrained Short term disruptions to existing supply Bowen Basin cumulative rainfall Queensland metallurgical coal (millimetres) 1,400 Indian iron ore FY11 FY01 FY10 average Chilean copper 700 Middle…
Commodity intensity evolves with economic development USA (Demand Index1) 250 Emerging Developed Economies Economies Corn and soybean 200 Meat Electricity 150 Copper 100 Steel 50 0 5 10 15 20 25 30 35 40 45 50…
Positioned to capture the opportunity, today and tomorrow Ferrous generates the most significant Underlying EBIT proportion of our Underlying EBIT (FY11, US billion) today, consistent with the steel 35 intensive nature of early…
Strong margins and returns reflect the quality of our business Underlying EBIT margin1 Underlying return on capital (%) (%) 60 50 50 40 40 30 30 20 20 10 10 0 0 FY07 FY08 FY09 FY10 FY11 FY07 FY08 FY09 FY10 FY11…
Our tier 1, diversified resource portfolio generates more options for shareholder value creation Legend Saskatchewan Resource Potash 100+ Potential Mineralisation 100+ Ratio (years) Onshore US Minerals - Minimum Mineral…
A large, low cost and ideally located iron ore business with significant expansion potential Our WAIO resource represents a significant Global iron ore deposits competitive advantage (average Fe grade, %) 75 Total mineral resource…
The leading metallurgical coal business Our Queensland Coal business is tier 1 in all Global metallurgical coal deposits respects (by basin) Large, high quality hard coking coal resources are valuable given their scarcity Bowen…
Large and expandable Base Metals assets Long life assets in the South American copper Global copper deposits belt (Cu grade excluding by-products1, %) 3.00 Tier 1 resources support long term, modular expansion 1.00 Olympic Dam, a…
Developing a world class presence in potash A large presence in the worlds major potash basin Prospective Jansen production in the context of major producers total current production 3 billion tonnes of resource identified at (million…
Comprehensive exploration program delivers resource growth and multiple project options Andrew Mackenzie, Group Executive and Chief Executive Non-Ferrous Slide 15
Developing large, high return, organic growth projects focused on our chosen commodities Underlying EBIT (FY11) Western Australia Queensland Coal Iron Ore Execution: Daunia Hay Point Stage 3 Expansion Queensland Coal Caval…
Developing Western Australia Iron Ore (WAIO) to its full potential Benefiting from our invest through the cycle WAIO production profile strategy (million tonnes, 100%) 500 Record annualised shipments of 173 mtpa Future growth…
Caval Ridge one of our long life, high margin and expandable metallurgical coal projects US4.2 billion (100% basis) investment Metallurgical coal production commitment announced this week (million tonnes, BHP Billiton share2) 80 8…
Escondida the worlds leading copper mine 129% increase in the Escondida Mineral Escondida, Chile Resource reported in CY20111 Escondida Ore Access project establishes the pathway to higher grades and production in FY2013 and…
Olympic Dam Project will maximise returns from a truly unique and world class resource Environmental Impact Statement approved by State and Federal Governments and new indenture agreement signed with the South Australian Government in…
Olympic Dam Project will maximise returns from a truly unique and world class resource Environmental Impact Statement approved by State and Federal Governments and new indenture agreement signed with the South Australian Government in…
Olympic Dam will follow a similar path to the successful development of Escondida Copper production (million tonnes per annum) 2.0 Escondida production Escondida 1.8 historical Conceptual Olympic Dam production production 1.6 1.4…
Developing a world class potash business Jansen is BHP Billitons most advanced potash project US1.2 billion committed to date Conventional underground mine to implement innovative processing techniques To be built in phases to…
Petrohawk a substantial resource acquisition Total enterprise value of US15.1 billion Acceleration of Petrohawks development spend (US million net, real) Natural gas is a preferred fuel in a low 7,000 carbon world 6,000 Complements…
Delivering strong and sustainable production growth Long term supply demand fundamentals Long term production growth remain intact (copper equivalent units) 200 Positioned to capture the opportunity, today and tomorrow Strong…