Spence Escondida Driving value and returns 10 May 2016 Andrew Mackenzie Chief Executive Officer Western Australia Iron Ore
Right strategic settings for the new era With firm foundations in place Our enhanced capital allocation framework asset quality and balance sheet strength provide resilience Operating Capital new dividend provides flexibility…
Driving value and returns Pursuing a broad suite of existing opportunities with the Broad suite of opportunities offers significant upside potential to grow the base value of our operations by 70% (value at spot and consensus…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Relentless pursuit of sustainable productivity US10 billion productivity gains embedded from Sustainably lower unit costs4 FY12 to FY15 (US per…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Latent capacity offers value and returns Compelling latent capacity opportunities Highly capital efficient latent capacity options (returns2, %)…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Onshore US well placed as prices recover Potential to access 1,400 net liquids-rich wells at Onshore US liquids-rich…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Growth portfolio timed for value and returns Our growth projects will further support value creation Strong pipeline of growth options aligned with…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Most significant exploration program in years Counter-cyclically securing additional acreage and rigs Significant potential in oil exploration over…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Harnessing the power of technology Technology investment to unlock resource and lower Technology presents a significant opportunity to create…
Right strategic settings for the new era With firm foundations in place We have opportunities to significantly increase returns (Return on Capital Employed1, nominal) asset quality and balance sheet strength provide resilience new…