Western Australia Iron Ore update

Presentation & Speech

3 October 2022

BHP

To those joining us today in Perth, good afternoon everyone, and I also extend a very warm welcome to those joining us via webcast.

I understand that many of you have busy schedules, and some have travelled long distances to join us.

By way of introduction, I am Brandon Craig, the Asset President for BHP's Western Australia Iron Ore business, or what we more commonly refer to as WAIO.

I have been with BHP for close on 23 years now, mainly in operational leadership roles across our various commodities, with my earlier years in aluminium and nickel and more recently in metallurgical coal and now iron ore.

We have a great team here in WAIO, a team fully committed to safe ways of working, laser focussed on improving productivity, and delivering exceptional results for our shareholders and stakeholders.

Our people are the heart and soul of our business, and are the driving force behind the outstanding results we deliver.

We have really been looking forward to hosting this visit and sharing with you an update on our business, as well as sharing more about the achievements of our people and teams - something that we are very proud of.

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BHP

Before we begin today, I would like to acknowledge and pay my respects to the Whadjuk Noongar people who are the Traditional custodians of the land and waterways on which we meet today.

I would also like to acknowledge and pay my respects to the Kariyarra, Banjima, Nyiyaparli, Palyku, and Njamal people who are the Traditional custodians of the land and waterways on which WAIO operations are located across Western Australia.

I pay my respect to the Elders both past and present, and to the emerging leaders, and extend that respect to other Aboriginal and Torres Strait Islander persons both present and online today.

Since leading WAIO, I've spent a lot of time on country with Traditional Owners including Elders, talking to them and hearing their stories about the things that are most important to them.

I've been personally interested in this, and fascinated by what I've learnt, especially in relation to the richness of Indigenous culture and heritage that exists in the Pilbara and the absolute importance of our role in helping protect it.

I'll talk more about this a little later in the presentation.

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I'm looking forward to today's discussion.

I'll take you through an overview of our WAIO business, including some of our outstanding productivity improvements and achievements, delivered through our operating system and the capability of our teams.

Anna Wiley, our Vice President Planning and Technical is also joining me today and will talk shortly about our decarbonisation initiatives.

After a short break, Huw McKay, BHP's Chief Economist and Rod Dukino, Vice President of Sales and Marketing Sustainability will provide an update on our outlook for iron ore and steel, our latest views on steel decarbonisation pathways, and how our partnerships are helping to progress this.

We'll then have a joint question and answer session where we will be joined by our Head of Finance in WAIO, Kristy Heal.

Tomorrow we'll head to our newest mine at South Flank where you will hear from Steve Campbell, General Manager South Flank, and Andrew Buckley, General Manager of Mining Area C on how we've delivered this US$3.6 billion project as well as our future plans.

On Wednesday, we will travel to Port Hedland, which is home to our rail and port operations. There, Cindy Dunham, General Manager Port and Warren Wellbeloved, General Manager Rail will share in more detail, information around our debottlenecking programs, both planned and underway.

Of course, Warren, Cindy, Steve, Andrew and Kristy are just a few of our senior leadership team in WAIO, all of whom have broad and significant experience in mining and minerals processing across functions, commodities, and the global supply chain.

The team brings together a large-scale workforce which has established a strong track record for WAIO, as a consistent and reliable low-cost producer of high-quality iron ore.

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BHP Group Limited published this content on 03 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2022 08:53:02 UTC.