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High quality nickel is key to a decarbonising world



         We have a competitive advantage and are positioned to grow





           Social value creates opportunities







            Growing demand for a sustainable nickel product                                                                    Social                        Growing
                                                                                                                               Value                         Demand






                                                                                      1
           Second largest nickel sulphide resource in the world                                                                                Nickel
                                                                                                                                                West





                                                                                                                             Scalable                      Significant
           Mining excellence and scalable infrastructure
                                                                                                                           Operations                       Resource






           Investment opportunities across the value chain




                                                                                                                    1  Source: FY2022 BHP Annual Report. Refer to detailed table for BHP’s Nickel Mineral
                                                                                                                    Resources slide 13.
         Matthew Terry
         5 October 2022                                                                          6
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