Escondida Deutsche Bank BRICS Metals and Mining Conference Andrew Mackenzie Chief Executive Non-ferrous 6 November 2012
Disclaimer Mineral Resources This presentation includes information on Exploration Results (Potential Mineralisation) and Mineral or Coal Resources (inclusive of Ore Reserves). Mineral Resources are compiled by: P Whitehouse (MAusIMM)…
Key themes Strong performance and superior shareholder returns We remain positive on the outlook for our company Our uniquely diversified resource endowment remains a competitive advantage Strong momentum in our major businesses…
Strong operating performance and the benefits of diversity Robust operating performance including Strength in diversity1 record production at 10 operations (EBIT margin, %) 75 The value of our diversified strategy was reflected in…
Superior returns throughout the cycle Our proven strategy has delivered sector Substantially more capital returned to shareholders1 leading returns (US billion) 60 full year dividend of 112 US cents per backs Buy- 45 share,…
Targeting a substantial reduction in costs A substantial reduction of costs and Grade has a significant influence on Base Metals non-essential expenditure is targeted in FY13 unit costs (index, FY08=100) Realise economies of scale as…
Our positive long term view remains unchanged Concerns surrounding the Eurozone GDP change between 2011 and 2025 and the slowdown in China have led to (2005 real PPP US trillion) significant volatility 30 China Measured improvement…
The pace of the supply response will significantly impact pricing Robust aluminium demand will Forecast supply additions relative to anticipated continue to be met by strong supply 20 year demand growth (2000 to 2020) (%) The low…
Our uniquely diversified resource endowment remains a competitive advantage Legend Resource 100+ Potential Mineralisation 100+ Ratio (years) Minerals - Minimum mineral inventory life at FY12 production rates Petroleum Minimum…
Low risk, brownfield projects deliver near term volume growth and high returns Major projects currently in execution1 Iron Ore Metallurgical Coal D&SP (capital expenditure, US billion) Petroleum Energy Coal SSM Base Metals Manganese…
Strong momentum in our major businesses Growth in WAIO production rate to Forecast production2 +220 mtpa1 before end FY15 (index=100) 150 150 Escondida copper production to increase to over 1.3 mt1 in FY15 100 100 Completion of…
Longer term development options Prioritising the highest return growth option at WAIO Inner Harbour Expansion project on schedule Port Hedland Inner Harbour first ore loaded during Q1 FY13 from two recently installed shiploaders at…
Longer term development options Well placed to meet growing potash demand A major presence in the Saskatchewan basin Jansen Longer term outlook for potash remains attractive Two shafts that will support at least an 8 mtpa operation…
Standardise and replicate to drive superior performance Our Organisational Design Protocol delivers a simple and accountable organisation that operates in an effective and common way Leverage our global expertise through Economies…
Our systems and processes are a major differentiator 80% of operations are now using the Consistently strong operating performance same SAP system (FY12 effective asset utilisation1 %) 90% More predictable operations and increased…
Key themes Strong performance and superior shareholder returns We remain positive in the outlook for our company Our uniquely diversified resource endowment remains a competitive advantage Strong momentum in our major businesses…