Strategy

Our vision is to be a leading mining and materials company which delivers superior returns for our shareholders. We aim to achieve this vision through a portfolio of mining and materials businesses that are diversified across commodities, geographies and markets, and by utilising our unique customer relationships and market positions, capabilities and infrastructure, and investing in opportunities which provide the best return on shareholder funds.

BUSINESS STRATEGY

The strategy for our businesses to deliver this vision includes:

Arrium Mining

• Growing the volume of our iron ore exports;
• Leveraging our unique infrastructure assets in South Australia;
• Pursuing exploration and development activities to replace mined reserves and increase reserves and resources to support and grow sales; and
• Pursuing exploration activities to identify opportunities and expand into non-ferrous resources.

 Arrium Mining Consumables

• Building on our position as the leading global supplier of grinding media to the mining industry;
• Investing in capacity close to our customers;
• Growing our competitive advantage through superior quality, supply assurance and technical support for customers;
• Pursuing opportunities to expand into new geographies within current product ranges; and
• Pursuing opportunities to expand into new products

 OneSteel Steel & Recycling

• Focusing on markets in which we have a sustainable competitive advantage
• Building our leading market positions
• Having flexible capacity to meet demand cycles
• Delivering returns throughout the cycle
• Continually reducing our cost to serve to ensure competitiveness of our offer

CORE VALUES

The company has two underpinning core values:

• Safety – we will not compromise on safety
• Customers – we will meet our promise to customer