Omnia Holdings Limited · JSE:OMN
Omnia — FY2022 Earnings Presentation
73 slides from Omnia's earnings presentation, June 2022
Slide 1: Results Presentation for the year ended 31 March 2022
RESULTS PRESENTATION for the year ended 31 March 2022
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS 2 Throughout this presentation there are certain statements made that are ‘forward-looking statements. Any statements preceded or followed by, or that include the words ‘forecasts’, ‘believes’, ‘expects’, ‘intends’, ‘plans’, ‘predictions’, ‘will’, ‘may’, ‘should’, ‘could’,
Slide 3: Content
3 CONTENT 1 ESG 2 BUSINESS UPDATE 3 FINANCIAL RESULTS 4 LOOKING AHEAD FY2022 RESULTS PRESENTATION | JUNE 2022
Slide 4: Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE
Slide 5: Safety first: recordable case rate
OUR PURPOSE IS TO ENHANCE AND PROTECT LIFE | SAFETY FIRST 5 Group benchmarking • Regrettably two fatalities in FY22 0,7 0,67 • Increased safety-related training of employees 0,6 and service providers • Make safety a personal pursuit for everyone 0,5 0,43 Recordable case rate • Road incidents remain
Slide 6: Safety, Health and Environmental Indicators
SAFETY, HEALTH AND ENVIRONMENTAL INDICATORS 6 First aid incidents Environmental incidents Transport Spills and Leaks 107 2 91 85 73 66 1 1 1 Zero major environmental incidents since FY2020 0 0 0 0 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Hazardous waste Carbon emissions management Hazardous
Slide 7: Safety, Health and Environmental Indicators
SAFETY, HEALTH AND ENVIRONMENTAL INDICATORS 7 Effluent volumes discharged (ML) Volumes of water recycled or reused (ML) 553 70 66 6% 60 51 5% 456 • Total water discharged 50 • Total recycled water 388 4% decreased by 44% 40 increased by 29% 311 3% 30 15 2% 175 20 12 11 10 1% - 0% FY18 FY19 FY20 FY21
Slide 8: Strengthening Our ESG Commitment
STRENGTHENING OUR ESG COMMITMENT 8 ESG underpins our capital allocation framework Agriculture Mining • NutriologyTM - NUE (nutrient use efficiency) and WUE (water use • Dual salt technology efficiency) • Used oil as a fuel agent for emulsions - CAIA CAIA • Ammonium Nitrate fertilizer < lower carbon
Slide 9: Environmental Goals to 2030
ENVIRONMENTAL GOALS TO 2030 9 Omnia’s strategic intent is to move towards green and sustainable products and solutions 20% 15% 25% Absolute energy use Renewable energy consumption Product energy efficiency Energy 25% 20% 15% Absolute water use Water recycling Water efficiency Water 25% Safety, healt
Slide 10: Business Update
BUSINESS UPDATE
Slide 11: Macro Environment
MACRO ENVIRONMENT 11 Global Global supply risks South Africa • Russia-Ukraine war impacts: • Countries limiting exports • Rising utility cost and limited supply • geo-political relations • Shipping and logistics constraints of electricity and water • imports and exports • Volatile and rising commodi
Slide 12: Increasing and Volatile Commodity Prices
INCREASING AND VOLATILE COMMODITY PRICES 12 Higher average prices Lower average prices FY2022 RESULTS PRESENTATION | JUNE 2022
Slide 13: Disciplined Strategy Execution
DISCIPLINED STRATEGY EXECUTION 13 Stabilise Fix Renew/Grow Future • Turnaround plan • Operating leverage (cost savings) • Manufacturing excellence • Potential new vertical • Optimise balance sheet • Financial leverage (NWC, capital • Winning in customer markets • New generation capacity investment)
Slide 14: Renewed Business Model Unlocks Synergies
RENEWED BUSINESS MODEL UNLOCKS SYNERGIES 14 SADC focused businesses International growth BME International Omnia Agriculture BME Mining Solutions PMC Solutions & Other Omnia Agriculture International Other Investments Supply Chain and demand planning Protea Chemicals Sasolburg / manufacturing / engi
Slide 15: Financial Highlights (from continuing operations)
FINANCIAL HIGHLIGHTS (from continuing operations) 15 ✓ REVENUE R21 437m ✓ OPERATING PROFIT (excl Zimbabwe operation) ✓ OPERATING MARGIN (excl Zimbabwe operation) ✓ PROFIT AFTER TAX R1 093m R1 726m 8.2% (FY21: R16 436m) (FY21: R607m) (FY21: R774m) (FY21: 4.9%) ✓ EBITDA1 (excl Zimbabwe operation) ✓ HE
Slide 16: EBITDA Analysis
EBITDA ANALYSIS1 16 5-year EBITDA comparison* 57% improvement 36 14 246 126 R Million 606 2 478 366 Oct Nov Dec Apr Mar May Jul Aug Sep Jun Jan Feb 1 942 1 576 2 428 2 464 2 352 2 352 FY21 Zimbabwe FY21 Agriculture Mining Chemicals Head FY22 Zimbabwe FY22 EBITDA impact EBITDA Office EBITDA impact EB
Slide 17: Movement in Operating Profit from Continuing Operations
MOVEMENT IN OPERATING PROFIT FROM CONTINUING OPERATIONS 17 R493m adverse impact R952 million 123% increase Gross Margin Gross Margin 22.7% 21.5% 30 227 41 129 R Million 654 1 726 1 597 1 597 364 1 138 774 FY21 FY21 FY21 Agriculture Mining Chemicals Head office* FY22 FY22 FY22 operating profit Agri Z
Slide 18: Business Performance from Continuing Operations
BUSINESS PERFORMANCE FROM CONTINUING OPERATIONS 18 Omnia Group* Agriculture* Mining Chemicals Margin 4.9% 8.2% 7.3% 10.9% 5.5% 7.7% 3.5% 4.8% - 66 1 726 142 774 101 565 1219 287 514 FY21 FY22 FY21 FY22 FY21 FY22 FY21 FY22 Continuing operations Discontinued operations • Capital management • Good agro
Slide 19: Plant Utilisation and Available Capacity
PLANT UTILISATION AND AVAILABLE CAPACITY 19 Plant utilisation (%) 100% COMMENTARY • Increased demand improved utilisation of our production facilities - more value to be unlocked • Increased throughput through Nitric Acid plants • Increased consumption of Nitrophos plant products • Formulation impro
Slide 20: Net Working Capital from Continuing Operations
NET WORKING CAPITAL FROM CONTINUING OPERATIONS 20 Rm 31 Mar 22 % 31 Mar 21 HIGHLIGHTS FY22 Net working capital (NWC) 3 335 18 2 820 Inventory 4 175 37 3 037 • Operational excellence across the group resulted in a moderated increase in NWC in an extreme Receivables 3 749 15 3 256 price environment Pa
Slide 21: Capital Management
CAPITAL MANAGEMENT 21 COMMENTARY 1 120 • Capex managed across financial years 887 • Expansion spend in FY22 includes: • Mobile Manufacturing Units • Solar projects R Million 550 514 • Further investment in mining 417 international JV’s 387 • Kelp production facilities 366 • Capex expenditure of appr
Slide 22: Movement in Cash Position
MOVEMENT IN CASH POSITION 22 958 1 008 574 294 1 941 452 R Million 1 833 2 404 FY21 Cash Cash generated Net interest Proceeds on Dividends paid Net capex Other financing FY22 Cash from operations and tax disposal of Umongo and other activities and forex FY2022 RESULTS PRESENTATION | JUNE 2022
Slide 23: Financial Results
FINANCIAL RESULTS for the year ended 31 March 2022
Slide 24: SARS | Update on International Tax Audit
SARS | UPDATE ON INTERNATIONAL TAX AUDIT 24 17 Jun 15 Nov 02 Dec 29 Apr 30 Sep 2021 2021 2021 2022 2022 Assessments Objection R207m* SARS extension Expected SARS received submitted paid request response *There is deferment of any further possible payments until the matter is resolved Developments fr
Slide 25: Disposal of Umongo
DISPOSAL OF UMONGO 25 IMPACT ON YEAR END RESULTS • Umongo is reported as Umongo Petroleum & presented as a discontinued operation • Disposal proceeds of R958 million (Purchase consideration: R637* million) • Effective date of the disposal was 31 January 2022 • 9% retained interest in Umongo Petroleu
Slide 26: Statement of Comprehensive Income
STATEMENT OF COMPREHENSIVE INCOME 26 31 Mar 22 % 31 Mar 21* Rm COMMENTARY FY2022 VS FY2021 Revenue 21 437 30 16 436 • Revenue increased by 30% due to higher commodity prices, and a combination of Cost of sales (16 815) (31) (12 790) strong volume growth in Mining RSA and increased volumes in Agricul
Slide 27: Agriculture | Operating Profit
AGRICULTURE | OPERATING PROFIT 27 RSA INTERNATIONAL Operating 11.3% AUS & BRAZIL Profit Rm SADC 9.7% 9.4% 8.3% 220 215 59 107 165 122 6.3% 106 113 93 2.2% 350 999 FY20 FY21 FY22 110 AUS & BRAZIL: 16.2% 25.2% 22.8% FY20 FY21 FY22 SADC: 6.5% 5.4% 6.1% RSA: INTERNATIONAL (excl. Zim): Revenue 60%, Ope
Slide 28: Mining | Operating Profit
MINING | OPERATING PROFIT 28 RSA INTERNATIONAL Operating 9.3% Profit Rm 8.3% 7.1% 6.4% 4.5% 3.1% 237 293 182 63 105 277 FY20 FY21 FY22 FY20 FY21 FY22 RSA: BME INTERNATIONAL: Revenue 43%, Operating profit 164% Revenue 17%, Operating profit 30% • Increased sales volumes • Increase sales volume
Slide 29: Chemicals | Operating Profit
CHEMICALS | OPERATING PROFIT 29 CHEMICALS DISCONTINUED OPERATIONS* Operating 4.8% Profit Rm 3.0% 3.5% 4.8% 4.9% 1.6% 110 101 142 63 66 21 FY20 FY21 FY22 FY20 FY21 FY22 PROTEA CHEMICALS: DISCONTINUED OPERATIONS Revenue 2%, Operating profit 41% • Umongo Petroleum disposal effective 31 January 2022
Slide 30: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION 30 Rm 31 Mar 22 % change 31 Mar 21* COMMENTARY FY2022 VS FY2021 Property, plant and equipment 4 593 (4) 4 794 • Disposal of Umongo Petroleum: Right-of-use assets 227 (29) 320 Goodwill and intangible assets 278 (64) 779 • Effective 31 January 2022 Trade and other recei
Slide 31: Statement of Cash Flows
STATEMENT OF CASH FLOWS 31 Rm 31 Mar 22 31 Mar 21* Net cash inflow from operating activities 1 367 2 107 COMMENTARY FY2022 VS FY2021 Cash generated from operations 1 941 2 512 Finance expense (79) (374) Finance income 59 117 Cash inflow from operating activities Income taxes paid (554) (148) • Stron
Slide 32: Looking Ahead
LOOKING AHEAD
Slide 33: Our Vision | Our Ambition
OUR VISION | OUR AMBITION 33 An international, diversified, sustainable group of businesses which are recognised for leading the change from chemicals to green chemicals, biotech and biomolecular solutions, offering network-created, innovative technologies that protect all life. FY2022 RESULTS PRESE
Slide 34: Strategic Pursuits to Enhance Shareholder Returns
STRATEGIC PURSUITS TO ENHANCE SHAREHOLDER RETURNS 34 1 Zero Harm – enhance our safety environment 2 Competency based growth – expansion through innovation & R&D 3 Protect, defend and grow our home base 4 Expand internationally with partnerships 5 Explore value accretive organic and inorganic growth
Slide 35: Operational Improvements
OPERATIONAL IMPROVEMENTS 35 PEOPLE PROCESS ESG Skills enhancement R&D enhancement Focus on ESG goals Safety and culture Efficiency through shared services Risk management FY2022 RESULTS PRESENTATION | JUNE 2022
Slide 36: Agriculture International Expansion
AGRICULTURE INTERNATIONAL EXPANSION 36 Global distribution with new partners New product range development • Humic acids products • Fulvic acids • Kelp extracts – also considering own kelp source • Microbial and enzyme products - partnership with Bio-Cat (US) • Soil fixing bacterial products Our Agr
Slide 37: Mining International Expansion
MINING INTERNATIONAL EXPANSION 37 • Own emulsion production • Dual salt emulsion using less AN, requiring less electricity to produce and more stable • Award winning used oil technology • Exemplary safety record • Custom made solutions, strong mining relationships and significant global presence • U
Slide 38: Medium Term Margin Guidance
MEDIUM TERM MARGIN GUIDANCE 38 Omnia Group Agriculture Mining Chemicals Medium term: Long term: Medium term: Long term: Medium term: Long term: Medium term: Long term: Previous 4% to 6% 6% to 9% 6% to 8% 8% to 10% 10% to 12% 4% to 6% 6% to 8% 8% to 10% Revised 8% to 10% 9% to 12% 10% to 12% 6% to 8%
Slide 39: Disciplined Capital and Risk Management
DISCIPLINED CAPITAL AND RISK MANAGEMENT 39 COMMENTARY CAPITAL STRUCTURE CAPITAL ALLOCATION CAPITAL DISTRIBUTION • Gearing ratio of net debt to EBITDA in the • Improve Group return on capital • Omnia dividend target setting on HEPS cover long term • Exit non-core/businesses not meeting range of 1.5 t
Slide 40: Omnia Provides an Attractive Investor Proposition
OMNIA PROVIDES AN ATTRACTIVE INVESTOR PROPOSITION 40 Robust capital management 01 02 Focused business model 03 Operational excellence 04 Distinct competitive advantage 05 Operate in primary sectors FY2022 RESULTS PRESENTATION | JUNE 2022
Slide 41: Omnia Provides an Attractive Investor Proposition
OMNIA PROVIDES AN ATTRACTIVE INVESTOR PROPOSITION 41 01 02 03 04 05 Robust capital Focused Operational Distinct Operate in management business model excellence competitive advantage primary sectors • Strong balance sheet with • Geographical and currency • Integrated manufacturing • Combining science
Slide 42: Conclusion
CONCLUSION 42 Strong balance sheet used to increase inventories and provide 1 optionality for organic and inorganic expansion 2 Focused strategy, operating model and execution plans 3 Significant value to be unlocked from previously invested capital 4 Focused growth opportunities in international ma
Slide 43: Questions?
QUESTIONS?
Slide 44: Annexures
ANNEXURES
Slide 45: Governance | Board
GOVERNANCE | BOARD 45 12 BOARD MEMBERS Independent 10 Non-Executive directors 2 Executive directors Ralph Havenstein Thoko Mokgosi-Mwantembe Prof. Nick Binedell Ronel van Dijk Independent Chairman Appointed in 2018 with Appointed in 2017 with Appointed in 2022 with extensive of the Board extensive e
Slide 46: Management Team
MANAGEMENT TEAM 46 Nerina Bodasing Seelan Gobalsamy Stephan Serfontein Tiaan Kotzé Michelle Nana Simphiwe Mdluli Communications CEO FD COO Company Secretary Legal and and Investor Chartered Accountant Chartered Accountant Chartered Accountant 25 years in Company Compliance Relations (SA) AMP (Harvar
Slide 47: Our Presence: 25 Countries
OUR PRESENCE 47 Canada USA China Brazil Indonesia Mauritania Mali Senegal New Zealand Burkina Faso Australia Sierra Leone Kenya DRC Tanzania Zambia Angola Mozambique 69 years in operations, Botswana Mauritius physical presence in Zimbabwe Agriculture Namibia Eswatini Mining 25 COUNTRIES South Africa
Slide 48: Omnia's Business Portfolio
OMNIA’S BUSINESS PORTFOLIO 48 Omnia pursues growth from the core Ammonia and Nitrogen value chain and our state-of-the-art manufacturing facilities Unique granular fertilizer AgriTech and AgriBio Manufacturing facilities product offerings and supply chain Agronomist support Operating in SADC, Since
Slide 49: Supply Chain and Manufacturing Competitive Advantages
SUPPLY CHAIN AND MANUFACTURING 49 COMPETITIVE ADVANTAGES Omnia’s manufacturing competency, our unique design in terms of efficiencies and low environmental impact, provides us with a strong competitive advantage • Supply chain agility through domestic and imported raw materials • Sophisticated suppl
Slide 50: Continuous Supply Chain and Manufacturing Optimisation
CONTINUOUS SUPPLY CHAIN AND MANUFACTURING OPTIMISATION 50 SUSTAINABILITY OPTIMISATION DIVERSIFICATION Safety first Plant reliability BioStimulant and enzyme products Renewable energy Capacity utilisation Mineral extraction CO2 emissions reduction Raw material formulations Use of nitrophos mother liq
Slide 51: Agriculture Competitive Advantages
AGRICULTURE COMPETITIVE ADVANTAGES – MORE THAN GRANULATED FERTILIZER 51 • Premium granulated and liquid fertilizer • Granulated fertilizer is increasingly important in precision farming Specialities Ammonia 2% • Ammonia fertilizer is more environmentally friendly than Urea based fertilizer 14% Facto
Slide 52: Omnia's Suite of Agriculture Technologies
OMNIA’S SUITE OF AGRICULTURE TECHNOLOGIES 52 • Axioteq’s DigiAg™ - independent digital platform providing farmers with Technologies to reduce information to optimise farming practices and enables precision farming. farming risk (www.digiag.co.za) • Axioteq data analysis improves risk management • GP
Slide 53: Omnia's AgTech
OMNIA’S AGTECH 53 GPS masts enabling precision farming Axioteq Axioteq LaserAG Omnia Lab OmniPreciseTM Omnia R&D FY2022 RESULTS PRESENTATION | JUNE 2022
Slide 54: Omnia AgriBio Biostimulant Products
OMNIA AGRIBIO HAS A RANGE OF GLOBALLY UNIQUE BIOSTIMULANT 54 PRODUCTS • Unique products – for direct soil application or for fertilizer coating • K-HUMATE® • Fulvates and seaweed products • Bacstim® 100 – microbial product • FertiCoat • Humate raw material supply from high quality leonardite • Prove
Slide 55: BME Focused on International Growth and Global Partnerships
BME IS FOCUSED ON INTERNATIONAL GROWTH AND GLOBAL PARTNERSHIPS 55 Strategic focus areas Markets • Geographic diversification with local JVs RSA International • Operational efficiencies • leverage assets • Canada • Market our value propositions and ESG advantages • margin management • West Africa • G
Slide 56: Protea Chemicals
PROTEA CHEMICALS 56 Protea Chemicals • Largest manufacturer and distributor of specialty and functional chemicals in South Africa • Agile chemicals supply chain management • Chlorine high-tech production facility • Sole provider of HydroPlus – carbon reducing fuel source • Established customer base
Slide 57: Strong Recovery Since FY2019
STRONG RECOVERY SINCE FY2019 57 improvements across various metrics, which now positions the group for next leg of growth FY19 FY20 FY21 FY22 EBITDA - continuing operations 979 1 651 2 017 2 352 Agriculture (ex Zim and Oro-Agri) 499 671 1 090 1 648 Agriculture Zimbabwe 366 (126) Mining 322 523 461 7
Slide 58: Revenue | Volume and Price Mix
REVENUE | VOLUME AND PRICE MIX 58 % Revenue Volumes Average price Comments Strong volumes driven by early demand off a high base (incl. 7% of early Agriculture RSA 60 7 53 buyers and trade sales) and raw material related price increases Agriculture International - excl. Zim 5 (2) 5 Higher prices imp
Slide 59: Mining | Revenue by Commodity & Market
MINING | REVENUE BY COMMODITY & MARKET 59 REVENUE BY COMMODITY Revenue by market FY22 3% 15% 21% 1% 24% 10% 20% 6% 30% FY22 5% 3% 3% 12% FY21 7% 9% FY21 12% 14% 9% 14% 71% 72% 15% 11% 13% Copper, Cobalt and Nickel Coal Gold Other Platinum Diamonds Manganese Iron Ore Zinc Surface & quarry Underground
Slide 60: Revenue Growth
REVENUE GROWTH 60 Revenue growth in FY2022 of 30% R3 452m R1 494m R55m R1 340m 55 488 1 006 37 R Million 3 303 112 16 436 21 437 22 777 FY21 Agri RSA Agri Int Agri Int Mining Mining Chemicals FY22 Discontinued FY22 Continuing excl. Zim Zim RSA Int Continuing operations Segment report operations oper
Slide 61: Group Head Office | Movement in Operating Expenses
GROUP HEAD OFFICE | MOVEMENT IN OPERATING EXPENSES 61 FY21 Unwinding FY21 IT security & FY21 Interest rate Consulting fees Share based FY21 Continuing indemnification asset Covid costs hedge savings payment Unallocated cost FY22 continuing 21 46 37 R Million 34 16 40 ( 149) ( 179) FY2022 RESULTS PRE
Slide 62: Tax Rate Recon
TAX RATE RECON 62 31 Mar 2022 31 Mar 2021 Omnia operates in 25 countries across the world which have statutory rates of Rm tax ranging from 3% to 35%. Different tax rates in countries in which the Profit before taxation from continuing operations 1 521 874 Group operates can be attributed to the fol
Slide 63: Movement in Cash Generated from Operations
MOVEMENT IN CASH GENERATED FROM OPERATIONS 63 FY2021 FY2022 176 196 598 1075 2512 2519 496 1941 304 637 FY21 Unrealised Monetary Gain Net working capital FY21 FY22 Investment in Unrealised Monetary Gain FY22 Adjusted cash forex gain on Hyperfinflation Cash generated Cash generated Net working capita
Slide 64: Statement of Comprehensive Income (Excluding Total Zimbabwe)
STATEMENT OF COMPREHENSIVE INCOME (EXCLUDING TOTAL ZIMBABWE) 64 As As Reported Reported (Restated) Total Zim Excl. Zim Excl. Zim Total Zim (Restated) Rm 31 Mar 2022 31 Mar 2022 31 March 2022 % 31 Mar 2021 31 Mar 2021 31 Mar 2021 Revenue 21 437 621 20 816 31 15 849 587 16 436 Cost of sales (16 815) (
Slide 65: Discontinued Operations | Umongo Petroleum
DISCONTINUED OPERATIONS | UMONGO PETROLEUM 65 STATEMENT OF COMPREHENSIVE INCOME STATEMENT OF FINANCIAL POSITION 31 Jan 2022 OF DISCONTINUED OPERATIONS (Rm) 2022 % 2021 ASSETS Revenue 1 340 1 354 Property, plant and equipment 11 Cost of sales (1 215) (1 192) Right-of-use assets 9 Goodwill and intangi
Slide 66: Commodities
COMMODITIES
Slide 67: Rand/USD Exchange Rate
RAND/USD EXCHANGE RATE 67 20 R11.85 R14.50 R17.84 R14.77 R14.60 R12.90 R13.80 R15.00 R16.19 R14.84 18 16 14 12 10 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Average rate Closing rate (2)% movement 31 Mar 20 to 31 Mar 21 (9%) movement 31 Mar 20 to 31 Mar 21 9% movement 31 Mar 21 to 31 Mar
Slide 68: International Crop Prices | USD per Tonne
INTERNATIONAL CROP PRICES | USD PER TONNE 68 Prices at 31 Mar USD $600 YELLOW MAIZE 2018 138 2019 127 $500 2020 118 2021 197 $400 2022 262 WHEAT $300 2018 161 2019 163 2020 196 $200 2021 219 2022 352 $100 SOYA Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 2018 373 Yellow maize Wheat Soya 2019 316 202
Slide 69: Ammonia vs Urea | USD per Tonne
AMMONIA VS UREA | USD PER TONNE 69 Prices at 31 Mar USD UREA (GRAN) 2018 209 $1 100 2,0 2019 245 $1 000 2020 252 $900 1,5 2021 356 $800 Ammonia: urea ratio 1.31 2022 950 Ammonia & urea $700 AMMONIA $600 1.04 1,0 2018 365 0,91 0.88 2019 263 $500 2020 210 $400 0,5 2021 448 $300 2022 1090 $200 6 MONTH
Slide 70: Precious Metals | USD per Ounce
PRECIOUS METALS | USD PER OUNCE 70 Prices at 31 Mar USD $2 500 $3 500 AU GOLD 2018 1 324 $3 000 2019 1 292 $2 000 2020 1 618 $2 500 2021 1 732 $1 500 2022 1 924 Gold and Platinum $2 000 Palladium Pt PLATINUM $1 500 2018 928 $1 000 2019 846 $1 000 2020 741 $500 2021 1 185 $500 2022 986 Pd PALLADIUM $
Slide 71: Metal Commodity Prices | USD per Tonne
METAL COMMODITY PRICES | USD PER TONNE 71 $12 000 $240 Prices at 31 USD Mar COPPER $10 000 $200 2018 6 690 2019 6 489 $8 000 $160 2020 4 785 Copper 2021 8 974 $6 000 $120 2022 10 347 IRON ORE $4 000 $80 2018 70 2019 86 $2 000 $40 2020 88 2021 167 $0 $0 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 20
Slide 72: Cobalt: USD per Tonne
COBALT: USD PER TONNE 72 $100 000 Prices at 31 Mar USD Co COBALT $75 000 2018 93 750 2019 30 000 2020 30 000 $50 000 2021 51 750 2022 81 841 $25 000 $0 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Co 58% % Movement is for the year 31 Mar 21 to 31 Mar 22 FY2022 RESULTS PRESENTATION | JUNE 2022
Slide 73: Energy/Commodity Prices: USD
ENERGY/COMMODITY PRICES: USD 73 $450 Prices at 31 Mar USD $400 Brent Crude 2018 70 $350 2019 68 2020 25 $300 2021 65 $250 2022 104 Coal $200 2018 80 2019 70 $150 2020 48 $100 2021 69 2022 265 $50 U Uranium 2018 21 $0 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 2019 25 Brent Crude $/barrel Coal $/to