Australia Coal and Laos Power: Operational and Financial Summary
Fundamentals (i): coal business
PRODUCTIVITY DRIVE
"Successful efforts
to cut costs"
COST CUTTING
TRIS
66
A+
STABLE
•
•
.
BANPU
"... and capital spending"
PROJECT CAPITAL
RATIONALISATION
TRIS
A+
STABLE
CONSOLIDATED OUTPUT
2012 2015 UNIT COSTS
CAPEX
$521M
+19%
46.6Mt
-30%
-35%
Mongolia
-70%
39.2Mt
2010
2015
Optimal mine planning
Performance measurement
in all operations
Logistic synergies
and optimisation
Centennial: Step Change
Productivity programme
ITM: reusable and repairable
approach
$50/t*
Australia
$34/t**
$154M***
Indonesia
INDONESIA
MINES
AUSTRALIA
MINES
•
Major unit cost reduction
achieved in Australia and
Indonesia
•
SR reduction, lower mining
costs at ITM
.
Overhead rationalisation
*Indonesia coal's total costs, including: royalty, SG&A, DA,
R&M, mining costs
** Australia's average production cost, including: depreciation,
contractor, handling, cash overhead, general expenses, R&M,
stores/supplies and labor (FX at 0.7 in 2015)
2012-15
2016-20*
•
Deferral of some capex to
strengthen cashflow
•
Limited to committed
project capital for time being
***Excludes maintenance capex. Forward looking figure is
indicative only and is subject to change
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