Global Iron Ore & Steel Forecast Our culture to drive value in the Pilbara Edgar Basto Asset President Western Australia Iron Ore 29 March 2017 Yandi
Key themes The health and safety of our people and the communities in which we operate always come first China and Emerging Asia expected to support steel demand growth Our tier 1 assets and focus on productivity support strong and…
China and Emerging Asia expected to support steel demand growth Gap to close in emerging market steel stock Accumulated stock of steel per capita (t) 15 Chinas accumulated steel stock per capita still lags developed economies…
Seaborne suppliers continue to add low cost, high quality tonnes Differential to Platts 62 Coking Coal Price Major producers continue to add low cost, high quality tonnes (USc/dmtu CFR) (US/t, FOB) to market, Brazilian competition…
Strong performance through the cycle Record H1 FY17 production of 136 Mt Strong recovery in returns (Return on Net Operating Assets, %) (Average realised FOB Price, US/wmt) 60 120 Reduced our unit cost2 to US15.05/wmt FOB 90 40…
Three years of continuous improvement has delivered strong results 11% improvement in TRIF 5,000 improvement initiatives 26% increase in production 48% reduction in cost1 Note: H1 FY14 to H1 FY17 comparison. 1. FOB unit cash…
Further strengthening our position Improving operations to support further productivity Port Hedland inflow (Annualised Mtpa by month) Renewal of rail infrastructure will decrease cycle times, 290 six months ahead of schedule 260…
New structure unlocks global sharing and learning Caterpillar 793F improvement outcomes 20% engine life improvement 50% front suspension life improvement 20% final drive life improvement Example: Maintenance Centre of…
Inclusion and diversity are central to our success Why Safety Culture Productivity 19% to 68% less injuries Confident to speak up Production forecast accuracy is 7% to 15% higher More likely to follow safe work Rate BHP…
Western Australia Iron Ore contributing to the broader community and economy Payments to 80% government1 Goods and services TOTAL sourced locally2 2.5 billion 1.2 600 255 100,000 billion WA in wages paid to our businesses…
Key themes The health and safety of our people and the communities in which we operate always come first China and Emerging Asia expected to support steel demand growth Our tier 1 assets and focus on productivity support strong and…