DOCSLIB.ORG

Presentation Title

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

A world class business with superior growth potential Western Australia Iron Ore site tour Ian Ashby President, BHP Billiton Iron Ore 27 September 2011 Disclaimer Reliance on third party The views expressed here contain information that has been derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. This presentation should not be relied upon as a recommendation or forecast by BHP Billiton. Forward looking statements This presentation includes forward-looking statements within the meaning of the U.S. Securities Litigation Reform Act of 1995 regarding future events and the future financial performance of BHP Billiton. These forward-looking statements are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results to differ materially from those expressed in the statements contained in this presentation. For more detail on those risks, you should refer to the sections of our annual report on Form 20-F for the year ended 30 June 2011 entitled “Risk factors”, “Forward looking statements” and “Operating and financial review and prospects” filed with the U.S. Securities and Exchange Commission. No offer of securities Nothing in this release should be construed as either an offer to sell or a solicitation of an offer to buy or sell BHP Billiton securities in any jurisdiction. Non-GAAP financial information BHP Billiton results are reported under International Financial Reporting Standards (IFRS). References to Underlying EBIT and EBITDA exclude any exceptional items. A reconciliation to statutory EBIT is contained within the profit announcement, available at our website www.bhpbilliton.com. BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 2 Disclaimer Exploration results and mineral resources This presentation includes information on Exploration Results (Potential Mineralisation), Mineral Resources (inclusive of Ore Reserves) and Ore Reserves. The range of Potential Mineralisation is estimated from geological information including boreholes, outcrops and geophysical information, and is shown as a range (black bars). The potential quantity is conceptual in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource. This data has been compiled by: P Whitehouse (MAusIMM) – Western Australian Iron Ore (WAIO). This is based on information in the BHP Billiton Annual Reports from 2007 to 2011 and other investor presentations which can be found at www.bhpbilliton.com, except for Potential Mineralisation figures for 2007, 2009 and 2011 which are reported here for the first time and are compiled by J Knight (MAIG) – WAIO. All information is reported under the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, 2004’ (the JORC Code) by the following Competent Persons who were employed by BHP Billiton at the time of reporting (unless otherwise stated) and have the required qualifications and experience to estimate and report Exploration Results, Mineral Resources and Ore Reserves under the JORC Code. Exploration results - WAIO: . FY2007 to FY2011: J Knight (MAIG) Mineral resources - WAIO: . FY2011: P Whitehouse (MAusIMM); D Reid (MAusIMM); V Osterholt (MAusIMM); M Smith (MAusIMM); S Nag (MAIG); C Williams (MAIG); D Stephens (MAIG) . FY2010: H Arvidson (MAusIMM); P Whitehouse (MAusIMM); D Reid (MAusIMM); A Voortman (MAusIMM) (currently employed by CSA Global); S Harrison (MAIG); M Smith (MAusIMM); S Nag (MAIG); C Williams (MAIG); D Stephens (MAIG) . FY2009: H Arvidson (MAusIMM); P Whitehouse (MAusIMM); D Reid (MAusIMM); S Harrison (MAIG); M Smith (MAusIMM); S Nag (MAIG); C Williams (MAIG) . FY2008: H Arvidson (MAusIMM); M Wozga (MAusIMM); D Reid (MAusIMM); S Harrison (MAIG); M Smith (MAusIMM); C Williams (MAIG) . FY2007: H Arvidson (MAusIMM); M Wozga (MAusIMM); D Reid (MAusIMM); J Richardson (MAusIMM); M Smith (MAusIMM); C Williams (MAIG) Mineral resources - Samarco: . FY2011: JP da Silva (MAusIMM); L Bonfioli (MAusIMM); employed by Samarco Mineracao S.A. BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 3 Disclaimer Exploration results and mineral resources (continued) Ore reserves - WAIO: FY2011: J Kirk (MAusIMM); A Cockerill (MAusIMM); K Risnes (MAusIMM) FY2010: J Kirk (MAusIMM); A Cockerill (MAusIMM) FY2009: J Kirk (MAusIMM); R Pasyar (MAusIMM) FY2008: J Kirk (MAusIMM); R Pasyar (MAusIMM) FY2007: J Kirk (MAusIMM); R Pasyar (MAusIMM) Ore reserves - Samarco: FY2011 Samarco: L Rezende (MAusIMM); employed by Samarco Mineracao S.A. The Compiler verifies that this report is based on and fairly reflects the Exploration Results , Mineral Resources and Ore Reserve information in the supporting documentation and agrees with the form and context of information presented. Ore Reserve, Mineral Resource classification and Potential Mineralisation Ranges for WAIO and Samarco are contained in Table 1. Table 1 Exploration Result Proved Probable Measured Indicated Inferred 1 Reserve Reserve Resource Resource Resource Range of Potential Mineralisation (Bt) (Bt) (Bt) (Bt) (Bt) Low Mid High WAIO FY2011 1.4 2.1 2.2 3.9 13.2 16 32 48 FY2010 1.3 2.0 1.9 3.5 10.7 15 31 46 FY2009 1.3 1.8 1.8 3.2 7.5 14 28 42 FY2008 1.5 1.5 2.0 2.9 6.8 13 26 39 FY2007 1.3 1.1 1.7 2.1 4.2 12 24 36 Samarco FY2011 1.1 0.9 2.2 2.3 1.6 - - - 1. The range of Potential Mineralisation is estimated from geological information including boreholes, outcrops and geophysical information, and is shown as a range (black bars). The potential quantity is conceptual in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource. BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 4 Agenda Day 1: Tuesday, 27 September 2011 Introduction Ian Ashby Market outlook: China and beyond Michiel Hovers Resources and stages of WAIO development Tony Ottaviano WAIO growth projects Michael Wortham Samarco and international growth options Chris Campbell Performance overview Uvashni Raman People Andrew Carey Day 2: Wednesday, 28 September 2011 Mines Eddy Haegel Technology and innovation Tony Ottaviano Licence to operate Carl Binning Day 3: Thursday, 29 September 2011 Rail and port Pete Wilshaw Day 4: Friday, 30 September 2011 Steelmaking materials briefing BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 5 Iron Ore executive committee Ian Ashby President Iron Ore Chris Campbell Tony Ottaviano Michael Wortham Michiel Hovers VP Strategy & VP Planning VP Projects VP Marketing Development Eduard Haegel Pete Wilshaw Uvashni Raman VP Production VP Production VP Finance Mines Logistics & Infrastructure Andrew Carey Carl Binning Ian Fletcher VP Human VP HSEC VP External Resources Affairs BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 6 Safety performance Total Recordable Injury Frequency and significant incidents (TRIF 12 month moving average) (number of incidents) 25 Significant incidents 45 TRIF (Contractors) 40 TRIF (Employees) 20 35 TRIF (Combined) Fatality 30 15 25 20 10 15 10 5 5 0 0 Jul 05 Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 7 Developing Western Australia Iron Ore (WAIO) to its full potential: 450mtpa is the ultimate objective Growing strongly and investing throughout the cycle is a strategic imperative that we will deliver on WAIO production profile (million tonnes, 100%) 500 155mtpa to +220mtpa investment¹ Historical Forecast ~450 450 Future growth options 400 ~350 350 300 250 200 150 144 100 50 0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 1. Including approved expansion to 220mtpa and debottlenecking incremental investment to 240mtpa. BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 8 Growth Master Plan: Roadmap to 350mtpa and beyond Board approved +220mtpa expansion Port Hedland Fully utilise Inner Harbour: Outer Harbour Finucane Island . Additional two berths at Burgess Nelson Point Point Boodarie Yarrie . Car Dumper 5 at Finucane Island . Mooka marshalling yards . Inner Harbour optimisation to Port Hedland 240mtpa currently under study Newman Railway Growth tonnes: . Jimblebar mine expansion Study phase: 350mtpa expansion Outer Harbour development: Marillana BHP Yandi . Optionality for port blending MAC . Supporting rail expansions Jinidi South flank Growth tonnes: OB 23/25 Jimblebar Newman OB 18 . Jinidi, Marillana I and II, Southern Existing Wheelarra Flank Future 0 100km Ultimate objective: 450mtpa . Expand the Outer Harbour . Greenfield portfolio of mines BHP Billiton Iron Ore, Western Australia Iron Ore site tour, 27 September 2011 Slide 9 Inner Harbour development: Fulfilling our allocated capacity . US$7.4 billion1 to relieve the bottleneck at port, unlocking latent capacity at mine and rail . Jimblebar mine expansion and associated infrastructure to deliver 35mtpa of additional US$3.4 Delivers additional mining capacity Mine billion mining capacity . Embedded options for expansion to 55mtpa2 for marginal incremental
Recommended publications
  • Engineering & Mining Journal

    Engineering & Mining Journal

    Know-How | Performance | Reliability With MineView® and SmartFlow® Becker Mining Systems offers two comprehensive and scalable data management solutions for your Digital Mine. MineView® is a powerful state-of-the-art 3D SCADA system, that analyses incoming data from various mine equipment and visualises it in a 3D mine model. SmartFlow® takes Tagging & Tracking to a new level: collected asset data is centrally processed and smart software analytics allow for process optimization and improved safety. MINEVIEW BECKER MINING SYSTEMS AG We have been at the forefront of technology in Energy Distribution, Automation, Communication, Transportation and Roof Support since 1964. Together with our customers we create and deliver highest quality solutions and services to make operations run more profi tably, reliably and safely. For more information go to www.becker-mining.com/digitalmine Becker Mining is a trademark of Becker Mining Systems AG. © 2018 Becker Mining Systems AG or one of its affi liates. DECEMBER 2018 • VOL 219 • NUMBER 12 FEATURES China’s Miners Promote New Era of Openness and Cooperation Major reforms within the mining sector and the government will foster green mines at home and greater investment abroad ....................................42 Defeating the Deleterious Whether at the head of a circuit or scavenging tailings, today’s flotation innovations address challenges presented by declining grades, rising costs and aging plants ..................................................................................52 Staying on Top of
  • Our Company Annual Report 2011 a Disciplined Approach a Proven Strategy We Are BHP Billiton, a Leading Global Resources Company

    Our Company Annual Report 2011 a Disciplined Approach a Proven Strategy We Are BHP Billiton, a Leading Global Resources Company

    For personal use only Our Company Annual Report 2011 A disciplined approach A proven strategy We are BHP Billiton, a leading global resources company. Our purpose is to create long-term shareholder value through the discovery, acquisition, development and marketing of natural resources. For personal use only BHP Billiton Limited. ABN 49 004 028 077. Registered in Australia. Registered office: 180 Lonsdale Street, Melbourne, Victoria 3000, Australia. BHP Billiton Plc. Registration number 3196209. Registered in England and Wales. Registered office: Neathouse Place, London SW1V 1BH, UK. Each of BHP Billiton Limited and BHP Billiton Plc are members of the BHP Billiton Group, which is headquartered in Australia. Contents 1 Key information 3 4 Board of Directors and information Key 1 1.1 Our business 3 Group Management Committee 104 1.2 Chairman’s Review 4 4.1 Board of Directors 104 1.3 Chief Executive Offi cer’s Report 5 4.2 Group Management Committee 107 1.4 Selected key measures 6 5 Corporate Governance Statement 108 1.5 Risk factors 7 5.1 Governance at BHP Billiton 108 1.6 Forward looking statements 11 5.2 Shareholder engagement 109 2 Information on the Company 12 5.3 Board of Directors 109 2.1 BHP Billiton locations 12 5.4 Board of Directors – Review, Information on the Company 2 2.2 Business overview 14 re-election and renewal 115 2.2.1 History and development 14 5.5 Board Committees 117 2.2.2 Petroleum Customer Sector Group 14 5.6 Risk management 124 2.2.3 Aluminium Customer Sector Group 21 5.7 Management 125 2.2.4 Base Metals Customer
  • BHP: Fine Words, Foul Play 23 September 2020 Introduction

    BHP: Fine Words, Foul Play 23 September 2020 Introduction

    BHP: fine words, foul play 23 September 2020 Introduction BHP presents itself, and is often considered by investors, as the very model of a modern mining company. Not only does it present itself as socially and environmentally responsible but now as indispensable in the efforts to save the world from climate catastrophe. Given the impacts and potential impacts of its Australian operations on Aboriginal sites and the furore over Rio Tinto’s destruction of the Juukan Gorge site earlier this year, perhaps BHP will begin to tread more carefully. It certainly needs to. This briefing summarises concerns around current and planned operations in which BHP is involved in Brazil, Chile, Colombia, Peru and the USA. LMN and our member groups work with communities or partner organisations in these five countries. Concerns include ecological and social impacts, violation of indigenous rights, mining waste disposal and the financing of clean- up. Other matters of current concern are briefly noted. At the end of the briefing are reports on three legacy cases - in Papua New Guinea, Indonesia and Colombia - where BHP pulled out, leaving others to deal with the environmental destruction and social dislocation caused by its operations. LMN exists to work in solidarity with communities harmed by companies linked to London, including BHP, the world’s largest mining corporation. This briefing is intended to encourage those who finance the company to use that finance to force change, and members of the public to join us in support of communities in the frontline of the struggle to defend their rights and the integrity of the planet’s ecosystems.
  • Feature Feature Major Wa Mining Projects

    Feature Feature Major Wa Mining Projects

    FEATURE FEATURE MINING OUTLOOK Construction workers needed for major Major WA mining projects MINING OUTLOOK 27,000 WA resources projects 2014-15 Source: Pitcrew Port Hedland Pardoo Rio Tinto rail MAJOR WA MINING PROJECTS Dampier Cape Lambert Iron Bridge Mt Dove Rio Tinto mine Completed in past year Balla Balla Abydos (Forge Resources) BHP rail Karara Mining Karara project $2.6bn Mid West Production ramp-up proceeding Sino Iron Wodgina Rio Tinto Hope Downs 4 mine $2.1bn Pilbara First production in H1 2013, ramping up to 15mtpa BHP mine Rio Tinto Marandoo mine expansion $1.1bn Pilbara Production will be sustained at 15mtpa for 16 further years Mt Webber McPhee Creek FMG rail Fortescue Metals Christmas Creek 2 expansion $US1.0bn Pilbara Completed in June 2013 quarter Fortescue Metals Port Hedland port expansion $US2.4bn Pilbara Fourth berth and support infrastructure opened in Aug 2013 Pannawonica FMG mine Atlas Iron Mt Dove mine development n/a Pilbara Production commenced in Dec 2012 Hancock proposed rail Atlas Iron Abydos mine development n/a Pilbara First haulage in Aug 2013, ramping up to 2-3mtpa Solomon Atlas Iron Utah Point 2 stockyard n/a Pilbara Largely complete and now ready to receive ore Hancock mine Hub Christmas Creek Rio Tinto Argyle Diamonds underground mine $US2.2bn Kimberley Production commenced in H1 2013 and is ramping up Buckland (Iron Ore Holdings) Cloudbreak Mineral Resources Sandfire Resources DeGrussa copper mine $US384m Mid West Ramp-up to nameplate production nearing completion Koodaideri Roy Hill Atlas Iron Construction
  • X in Re BHP BILLITON LIMITED SECURITIES LITIGATION MEMORANDUM and ORDER ------X This Document Relates To: 16 Civ

    X in Re BHP BILLITON LIMITED SECURITIES LITIGATION MEMORANDUM and ORDER ------X This Document Relates To: 16 Civ

    Case 1:16-cv-01445-NRB Document 77 Filed 08/29/17 Page 1 of 61 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ----------------------------------------X In re BHP BILLITON LIMITED SECURITIES LITIGATION MEMORANDUM AND ORDER ----------------------------------------X This Document Relates To: 16 Civ. 1445 (NRB) ALL ACTIONS ----------------------------------------X NAOMI REICE BUCHWALD UNITED STATES DISTRICT JUDGE These consolidated actions were brought pursuant to Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 against BHP Billiton Limited, BHP Billiton Plc (together, “BHP”), and certain of BHP’s officers and directors (the “Individual Defendants”, and, together with BHP, “defendants”), on behalf of a putative class of investors who purchased BHP American Depositary Receipts (“ADRs”) between September 25, 2014 and November 30, 2015 (the “Class Period”). Defendants have moved to dismiss the Amended Complaint for failure to state a claim. For the following reasons, defendants’ motion is granted in part and denied in part. BACKGROUND We summarize the allegations contained in the lengthy and detailed Amended Complaint. BHP operates under a dual listed company structure, with parent companies BHP Billiton Limited and BHP Billiton Plc operated as a single economic entity by a unified Case 1:16-cv-01445-NRB Document 77 Filed 08/29/17 Page 2 of 61 board of directors and management team. Amended Compl. (“FAC”) ¶ 26. Holders of the ADRs effectively have an interest in a single group that combines the assets, and is subject to the liabilities, of BHP Ltd. and BHP Plc. FAC ¶ 26. Throughout the Class Period, the ADRs of BHP Ltd.
  • Mining Tenement Summary Report

    Mining Tenement Summary Report

    Government of Western Australia Department of Mines and Petroleum MINING TENEMENT SUMMARY REPORT MISCELLANEOUS LICENCE 52/163 Status: Live TENEMENT SUMMARY Area: 36.37000 HA Death Reason : Mark Out : N/A Death Date : Received : 02/09/2015 08:33:48 Commence : 09/03/2016 Term Granted : 21 Years Expiry : 08/03/2037 CURRENT HOLDER DETAILS Name and Address BHP BILLITON MINERALS PTY LTD WAIO LAND TENURE, C/- LAND TENURE TEAM, PO BOX 7474 CLOISTERS SQUARE, PERTH, WA, 6850, [email protected] ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY LTD WAIO LAND TENURE, C/- LAND TENURE TEAM, PO BOX 7474, CLOISTERS SQUARE, PERTH, WA, 6850, [email protected] MITSUI-ITOCHU IRON PTY LTD WAIO LAND TENURE, C/- LAND TENURE TEAM, PO BOX 7474 CLOISTERS SQUARE, PERTH, WA, 6850, [email protected] DESCRIPTION Locality: Ophthalmia Dam Datum: Datum is at MGA94 Zone 50 Coordinates. 798661.887mE; 7415783.466mN Boundary: Thence 798661.887mE 7415783.466mN 798195.142mE 7414537.433mN 798145.514mE 7414505.938mN 797110.415mE 7414753.892mN 797115.012mE 7414725.174mN 796870.169mE 7414567.479mN 796849.420mE 7414561.946mN 796465.521mE 7414475.760mN 796462.363mE 7414475.051mN 796460.004mE 7414474.521mN 796399.464mE 7414460.930mN 796226.110mE 7414459.887mN 796050.820mE 7414470.256mN 796032.918mE 7414526.242mN 796068.190mE 7414559.056mN 796379.567mE 7414559.171mN 796736.615mE 7414657.382mN 796815.910mE 7414657.431mN 796886.689mE 7414688.863mN 797014.764mE 7414775.141mN 797075.629mE 7414824.500mN 797079.962mE 7414852.758mN 797112.933mE 7414856.133mN
  • Iron Ore Briefing and Western Australia Iron Ore Site Tour

    Iron Ore Briefing and Western Australia Iron Ore Site Tour

    BHP Billiton Limited BHP Billiton Plc 171 Collins Street Neathouse Place Melbourne Victoria 3000 Australia London SW1V 1LH UK GPO BOX 86 Tel +44 20 7802 4000 Melbourne Victoria 3001 Australia Fax + 44 20 7802 4111 Tel +61 1300 55 47 57 Fax +61 3 9609 3015 bhpbilliton.com bhpbilliton.com 6 October 2014 To: Australian Securities Exchange cc: London Stock Exchange New York Stock Exchange JSE Limited IRON ORE BRIEFING AND WESTERN AUSTRALIA IRON ORE SITE TOUR Jimmy Wilson, President, Iron Ore will host an Iron Ore briefing and a Western Australia Iron Ore (WAIO) site tour on Monday 6 October 2014, Tuesday 7 October 2014 and Wednesday 8 October 2014. A copy of the materials to be presented is attached. Further information on BHP Billiton can be found at: www.bhpbilliton.com. Nicole Duncan Company Secretary For personal use only NEWS RELEASE Release Time IMMEDIATE Date 6 October 2014 Number 17/14 COST REDUCTIONS AND CAPITAL EFFICIENT GROWTH AT WAIO BHP Billiton President Iron Ore, Jimmy Wilson, today announced plans to cut unit costs at Western Australia Iron Ore (WAIO) by at least 25 per cent and the potential to increase capacity there by 65 million tonnes per year at a very low capital cost. Mr Wilson outlined BHP Billiton’s view of the long-term supply and demand trends in the iron ore market. “We continue to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to increase by approximately 25 per cent to between 1.0 and 1.1 billion tonnes in the early to mid-2020s,” he said.
  • Initial Public Offering (“IPO”) of Ordinary Shares in Mcaleese

    Initial Public Offering (“IPO”) of Ordinary Shares in Mcaleese

    McAleese Group Prospectus For personal use only Prospectus JOINT LEAD MANAGERS McAleese Limited ACN 156 354 068 Important Notices Offer and unknown risks, including the risks set out in The Shares have not been, and will not be, The Offer contained in this Prospectus is an Section 5, many of which are beyond the control registered under the US Securities Act or the invitation to acquire fully paid ordinary shares in of McAleese Group and the Directors. McAleese securities laws of any state or other jurisdiction in McAleese Limited (ACN 156 354 068) (“McAleese Group and the Directors cannot and do not give the United States and may not be offered or sold, Group”) (“Shares”). any assurance that the results, performance or directly or indirectly, in the United States unless the achievements expressed or implied by the forward Shares are registered under the US Securities Act, Lodgement and Listing looking statements contained in this Prospectus or an exemption from the registration requirements This Prospectus is dated 12 November 2013 and will actually occur and investors are cautioned of the US Securities Act and any other applicable was lodged with the Australian Securities and not to place undue reliance on these forward securities laws is available. Investment Commission (“ASIC”) on that date. looking statements. Except where required by law, See Section 7.7 for more detail on selling Neither ASIC nor the Australian Securities Exchange McAleese Group has no intention of updating or (“ASX”) takes any responsibility for the contents restrictions that apply to the offer and sale revising forward looking statements, or publishing of Shares in jurisdictions outside of Australia.
  • Global Extractivism and Mining Resistance in Brazil and India

    Global Extractivism and Mining Resistance in Brazil and India

    Revised Pages Iron Will Revised Pages Revised Pages Iron Will Global Extractivism and Mining Resistance in Brazil and India Markus Kröger University of Michigan Press Ann Arbor Revised Pages Copyright © 2020 by Markus Kröger All rights reserved This work is licensed under a Creative Commons Attribution-NonCommercial- NoDerivatives 4.0 International License. Note to users: A Creative Commons license is only valid when it is applied by the person or entity that holds rights to the licensed work. Works may contain components (e.g., photographs, illustrations, or quotations) to which the rightsholder in the work cannot apply the license. It is ultimately your responsibility to independently evaluate the copyright status of any work or component part of a work you use, in light of your intended use. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-nd/4.0/. Published in the United States of America by the University of Michigan Press Manufactured in the United States of America Printed on acid- free paper First published November 2020 A CIP catalog record for this book is available from the British Library. Library of Congress Cataloging- in- Publication data has been applied for. ISBN 978-0-472-13212-6 (hardcover : alk. paper) ISBN 978-0-472-12711-5 (e-book) ISBN 978-0-472-90239-2 (OA) http://dx.doi.org/10.3998/mpub.11533186 Revised Pages To Otso and Jenni Revised Pages Revised Pages Contents Preface ix Acknowledgments xv Introduction 1 Part I. Theorizing the Impacts of Resistance to Extractivism 25 Chapter 1. Resistance and Investment Outcomes 27 Chapter 2.
  • Notice of Meeting for Approval of the Proposed Transaction with BBIG

    Notice of Meeting for Approval of the Proposed Transaction with BBIG

    30 January 2020 ASX ANNOUNCEMENT Notice of Meeting for approval of the Proposed Transaction with BBIG Flinders Mines Limited (ASX:FMS) (Flinders) is pleased to announce the release of the attached notice of meeting, including an explanatory memorandum and independent expert's report (Notice of Meeting) in respect of an Extraordinary General Meeting (EGM) to consider the proposed transaction with BBI Group Pty Ltd (BBIG) to form an incorporated joint venture for the development of Flinders' Pilbara Iron Ore Project (PIOP), as announced on 28 November 2019 (Proposed Transaction). The Proposed Transaction represents the outcome of extensive commercial negotiations conducted by the Company’s independent PIOP Infrastructure Committee with BBIG to provide an infrastructure solution, facilitate the development of the PIOP and provide a pathway to market. Vote in favour of the Proposed Transaction The Independent Flinders Directors (Neil Warburton, The Hon. Cheryl Edwardes AM and James Gurry) unanimously recommend that Flinders shareholders vote in favour of the Proposed Transaction in the absence of a superior proposal. The Independent Flinders Directors appointed Grant Samuel as independent expert to consider and provide an opinion on the Proposed Transaction. The independent expert has concluded that the Proposed Transaction is fair and reasonable to non-associated Flinders shareholders, i.e. those shareholders other than TIO (NZ) Pty Ltd (TIO), Flinders’ largest shareholder and also a shareholder of BBIG. TIO will also be excluded from voting in favour of the Proposed Transaction. Ms Edwardes, Deputy Chair and Chair of Flinders’ PIOP Infrastructure Committee, said: “I am very pleased with the outcome of the negotiations with BBIG.
  • WA Iron Ore Profile – January 2019 1

    WA Iron Ore Profile – January 2019 1

    Western Australia Iron Ore Profile January 2019 THE WORLD IRON ORE MARKET Major global iron ore producers: 2017 Western Australia is the largest iron ore producer and exporter in the world, Western Australia accounting for 38% of global production Brazil and 56% of global seaborne exports in China 2017. Brazil is the second largest iron ore India producer and exporter in the world, Russia accounting for 17% of global production South Africa and 23% of global seaborne exports in 2017. Ukraine China (14%), India (7%) and Russia (5%) Iran are major global iron ore producers, but USA retain most of their production for Canada domestic steel production. China’s iron ore production rose 1% to 0Mt 200Mt 400Mt 600Mt 800Mt 1000Mt 302 million tonnes in 2017, following three Exported Consumed domestically/stockpiled successive years of decline since peaking Source: CRU, Iron Ore Market Outlook Statistical Review. at 506 million tonnes in 2013. China’s iron ore demand 1200Mt China accounted for 72% of global iron ore seaborne imports and 50% of global crude steel production in 2017. 1000Mt China’s iron ore imports rose 5% to 1,061 million tonnes in 2017. 800Mt China’s crude steel production fell 3% to 846 million tonnes in 2017. Around 1.4 600Mt tonnes of iron ore is used to make one tonne of crude steel. 400Mt CRU forecasts China’s iron ore imports to fall gradually over the next few years to 200Mt 1,022 million tonnes in 2022. Japan and South Korea were the next 0Mt 2005 2008 2011 2014 2017 2020 largest global iron ore importers in 2017.
  • The Blenheim Report

    The Blenheim Report

    The Blenheim Report CONFIDENTIAL INTELLIGENCE REPORT IRON ORE PRODUCERS JUNE 2013 Blenheim Partners Pty Ltd ABN 21 160 009 236 | Level 5, 17-19 Bridge Street, Sydney NSW 2000 Australia | p +61 2 9253 0950 | w blenheimpartners.com Blenheim Partners is a premier international Executive Search and Board Advisory consulting firm. Our team have acted at Board and CEO level for the ASX100, FTSE100 and Asian listed companies, as well as for a range of mid-cap and smaller businesses both publicly and privately owned. We have come together bonded by a singular purpose of providing a search and consulting model that ensures our clients achieve the optimal outcome through a highly dedicated and accountable partnership. Our goal is to help our clients deliver superior performance by maximising the composition of their senior management teams. Blenheim combines the quality, structure and process of a large firm with the flexibility, creativity and relationship focus of a boutique. Our work falls into three areas: Top Level Executive Search, Non-Executive Search and Consulting. We only partner with 1 company per sector to ensure our clients receive sector expertise and complete market coverage We do not have conflicts of interest or “off limits” restrictions as a result of our partnering model We support our clients long term planning capability with our actionable intelligence We provide Assessment and a 90 day On Boarding Programme with all searches We allow our clients to determine the fee tied to meeting and exceeding expectations We achieve diversity of thought and innovation We have “no limitations” in the pursuit of excellence Confidentiality This report and the information contained in it are confidential and proprietary information belonging to Blenheim Partners.