Mineral Resources Limited (ASX:MIN) Integrated Mining Services For personal use only MRL 2015 FULL-YEAR RESULTS PRESENTATION August 2015 August 2015 www.mrl.com.au Slide No. 1
For personal use only CORPORATE PROFILE SERVICES PROVIDER MINERALS PRODUCER PROCESS MINERALS CRUSHING SERVICES PIHA MINERAL SERVICES POLARIS METALS MESA MINERALS * Mineral Processing Crushing & Services External hire of…
For personal use only CORPORATE GOVERNANCE Small, effective board with selected skill sets for MRL Board Structure performance and culture. Board members committed to Peter Wade Non-Executive Chairman represent all stakeholders…
For personal use only 2015 HIGHLIGHTS Underlying net profit of 109m 7% above consensus estimates Core mining services business meets all performance targets Major EPC work completed and sets new contracting benchmarks Record…
For personal use only OPERATIONAL HIGHLIGHTS Safety 12 month TRIFR down 23% from 7.1 in FY 14 to 5.5 in FY 15 Mining Services 25mtpa Nammuldi Below Water Table process plant EPC project completed on to achieve all client metrics…
For personal use only FINANCIAL HIGHLIGHTS Revenue 1.3billion EBITDA - 283m Underlying net profit - 109m Net (Debt)/Cash 150 Balance sheet further strengthened 100 118 Debt reduced by 34m 50 81 98 - Cash on hand 200m (50)…
For personal use only NET CASH MOVEMENT FY14 to FY15 400 8 (109) * 283 * Working capital timing difference 350 300 (65) 42 (15) 250 (95) 200 179 (11) (64) 150 (120) 118 4 100 81 50 0 Net Cash EBITDA…
For personal use only MRL SAFETY PERFORMANCE The Journey Our Way of Working: Roll out of Crossroads Safety Intervention Program - program outlines business strategy to improve Safety, Performance and Culture across the wider group…
For personal use only MINING SERVICES BUSINESS August 2015 www.mrl.com.au Slide No. 9
For personal use only CSI /CONSTRUCTION Current economic cycle has resulted in: Continuing focus on costs and productivity Weakening of some of MRLs competition MRLs EPC (fixed lump sum) model and off balance sheet BOO /tonne…
For personal use only PIHA PIHAs traditional business continues to make a solid contribution to earnings PIHA progressively moving to extend integrated manufacturing in the areas of: Steel piles and heavy wall pipe Valves and…
For personal use only PMI (Supply Chain Logistics) Camps Continue to leverage accommodation facilities at our own operations to provide services for external customers Design/Construct Focus remains on smaller specialty process…
For personal use only MT MARION LITHIUM PROJECT MRL and Neo Metals have formal MOU with Jiangxi Ganfeng Lithium Co Ltd for: Sale of 25% equity investment Off-take Agreement for 100% of production at market price with floor MOU…
For personal use only COMMODITIES BUSINESS August 2015 www.mrl.com.au Slide No. 14
For personal use only COMMODITIES BUSINESS OVERVIEW Commodity Export Sales Yilgarn Record exports of 4.9mt from the Carina mine 000 WMT H1 -14 H2-14 FY-14 H1-15 H2 -15 FY-15 Improved product delivery with purpose built Iron Valley…
For personal use only ACHIEVED PRICES vrs CASH COSTS Average of Platts price and achieved price during FY 2015 A/WMT H1 H2 H1 H2 H1 H2 Successful cost reduction and production FY13 FY13 FY14 FY14 FY15 FY15 enhancement programs at…
For personal use only YILGARN IRON ORE Satellite mines will leverage Carina central processing infrastructure hub J4 construction of incremental site infrastructure underway First ore from J4 in Q3 FY 2016 Mining applications for…
For personal use only PILBARA IRON ORE Iron Valley mine site infrastructure finalised Existing operations currently able to produce 6mtpa of exports Opportunities to increase output, improve fines product quality and improve the…
For personal use only MRL STRATEGIC FOCUS Strengthened mining services and infrastructure company with a focus on continuing a service culture that continues to provide long term value add to clients and sustainable 20 year long term…
For personal use only Carbon Fibre Products Innovation remains at the forefront of MRLs strategic focus A key initiative of MRL is the development of carbon fibre manufacturing for a range of mining industry components Prime,…
For personal use only DEVELOPMENT OF BOTS Progressing as planned comprehensive review of elevated track and rolling stock design completed. Review identified modifications to incorporate standard rail componentry that significantly…
For personal use only BOTS - COMMERCIALISATION The first application of BOTS is planned for the Iron Valley operation in the Pilbara Iron Valley is a viable mining operation in its own right with the capacity to grow and underwrite…
For personal use only TRANSHIPPING MRL pursuing a multi-user port/ transhipping facility of 22 mtpa expandable to 50 mtpa within the Port Hedland harbour Exclusive, long term partnership with world leader in transhipping,…
For personal use only GROWTH & OUTLOOK MRLs underlying strengths remain as a mining services provider of cost effective and highly efficient equipment, infrastructure and processes MRL is well placed to leverage this core expertise…
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