South32 CEO on Coronavirus, China, Business Strategy

The transcript discusses the impact of the coronavirus on the global economy, particularly focusing on demand and commodity prices. It highlights China's market dynamics and potential fiscal stimulus. The company outlines its strategy for managing its portfolio and balance sheet, addressing climate change concerns, and exiting low-return businesses. New development projects, especially in base metals, are also introduced.

What short-term effect did the coronavirus have on some commodity prices?

• Decrease in prices

• No change in prices

• Increase in prices

• Complete halt in trading

What percentage of the company's products are sold to China?

• 50%

• 35%

• 22%

• 10%

What is the company's strategy regarding its South Africa energy coal business?

• Expanding operations

• Maintaining current operations

• Investing in new technology

• Exiting the business

What is the company's stance on climate change?

• Climate change is not real

• Climate change is real but no substitutes for any coal are available

• Climate change is real and substitutes for thermal coal are available

• Climate change is a minor issue

What is the primary use of Eagle Downs coal?

• Plastic production

• Automobile manufacturing

• Steel creation

• Energy generation

What is the focus of the Ambler metals joint venture in Alaska?

• Oil exploration

• Copper and base metals

• Gold mining

• Diamond mining

What is the company's strategy for future growth in terms of metal exposure?

• Increase exposure to base metals

• Increase exposure to precious metals

• Maintain current metal exposure

• Decrease exposure to all metals