Western Australia Iron Ore Citi Global Resources Conference Andrew Mackenzie Chief Executive Non-Ferrous 7 March 2012
Disclaimer Mineral Resources This presentation includes information on Mineral or Coal Resources. Mineral Resources are compiled by: P Whitehouse (MAusIMM) Western Australian Iron Ore (WAIO) and Samarco, S OConnell (MAusIMM) Olympic Dam,…
Strong and predictable interim financial results Underlying EBITDA of US18.7 billion, Underlying EBIT margin1 up 8% (H1 FY12, %) Attributable profit (excluding exceptional Iron Ore 65% items) of US9.9 billion, down 7%…
Delivering superior performance throughout the economic cycle Unchanged and proven strategy focused Diversified peer production comparison1 on large, long life, low cost, expandable (copper equivalent units) and upstream assets 120…
Strong growth in our Western Australia Iron Ore business WAIO annualised production rose to BHP Billiton Underlying EBIT contribution (H1 FY12) 178 mtpa (100% basis) in the December 2011 quarter Prior FY12 production guidance for…
Substantial low risk volume growth anticipated at key assets A substantial increase in copper production at Escondida production1 Escondida as operations progress towards (index annualised H1 FY12, BHP Billiton share) higher grade ore…
The options and capability to develop large scale, high quality projects Saskatchewan Potash Feasibility: Queensland Coal Jansen Stage 1 Potash Port Execution: Pre-feasibility: Caval Ridge Jansen Stages 2 & 3 Daunia Hay Point…
A large, low cost iron ore business with significant expansion potential WAIO US779 million (BHP Billiton share) Global iron ore deposits1 pre-commitment investment for an outer harbour (average Fe grade, %) development at Port…
The leading metallurgical coal business Leading resource position, premier products Global metallurgical coal deposits1 and industry leading margins (by basin) Projects in execution total US4.9 billion2 Bowen Basin Queensland…
Large and expandable Base Metals assets Escondida Organic Growth Project 1 will set the Global copper deposits1 framework for multiple phases of expansion (Cu grade excluding by-products1, %) 3.00 Approved in February 2012 with…
Developing a world class presence in potash Three billion tonne resource delineated at Jansen1 Jansen US1.2 billion committed to date with ground freezing and shaft sinking programs underway Targeting Board approval for the first…
Prioritising development of the liquids rich Eagle Ford shale Completed the acquisition of Petrohawk Onshore US Energy Corporation Successful combination of high quality Onshore US assets into the BHP Billiton portfolio Large 7.6…
We will live within our means as we progress our growth options Sources and uses of cash1 Gearing (US billion) (%) 40 40 30 30 Net operating cash flow 20 Capital and exploration expenditure 20 Cash dividends Capital…
Consistent execution of a well defined strategy Strong and predictable financial results Substantial, low risk volume growth is anticipated at key assets in the short to medium term We will live within our means as we look to…