Register ONLINE before 25 November
& SAVE US$500
Iron OreChina
For more information and to register please visitwww.metalbulletin.com/events/cio Local Chinese delegates should
register through Minmetals
Media Partners:
Bronze sponsors:
Key speakers:
• Rongqing WU, Chief Engineer, China Mining Association, China
• Luiz Meriz, China President, Vale, China
• Sam Walsh, Chief Executive – Iron Ore and Australia, Rio Tinto, Australia
• Michiel Hovers, Vice President Marketing, Iron Ore, BHP Billiton, Singapore
• Simon Wandke, Vice President & Chief Commercial Officer, ArcelorMittal Mining, UK
• Senior Official, China Iron and Steel Association, China
• Senior Representative, FMG, Fortescue Metals Group, Australia
• Donald Gallagher, Executive Vice President, President – Global Commercial, Cliff Natural Resources, Canada
• Roger Allan Downey, Chief Executive Officer, Executive Board Member & Director of Investor Relations, MMX Minerao e Metlicos, Brazil
• John Kearsey, Head of Research, Simpson, Spence & Young, UK
• Senior Executive, China Minmetals Corporation, China
• Senior Official, China Association of Automobile Manufacturers, China
• Graeme Train, Commodity Analyst, Macquarie Research, China
• Ian Roper, Commodity Strategist, CLSA, China
In conjunction with China Minmetals Corporation2012
Grand Millennium Hotel, Beijing, China27-29 February 2012
2012 2 27-29
Simultaneous translation from
Mandarin Chinese to English and
vice-versa
POLISH ASSOCIATION OF STEEL STOCKHOLDERS
Where do delegates come from?China Iron Ore attracts a truly international audience of over 350 participants. The pie chart shows you a breakdown of where previous delegates have come from.
Who attends?China Iron Ore attracts the most senior decision-makers from the iron ore and steel industry to network and generate new business.
With China busily building iron ore inventories over the past few years on the speculation of continued demand from steel manufacturers, the price of global iron ore prices has continued its upward journey. But with growth comes both opportunity and challenge. Can China effectively play the role of market driver? How are the increasing costs affecting future supply sourcing by miners? Will the logistical challenges presented by China’s insatiable demand for steel lead to delivery bottlenecks? And behind the prices, where is the market heading in terms of effectively pricing iron ore supply? In association with China Minmetals Corporation, Metal Bulletin Events’ China Iron Ore 2012 will address the major challenges and opportunities facing professionals working with, or within China. With over 350 attendees in 2011 and many more expected in 2012, attend this event in February 2012 and secure your opportunity to:
• Be updated on China’s latest iron & steel industry development policies in its 12th Five-Year Plan Period
• Analyze China’s economic data to understand its implications for China’s steel consumption• Review global iron ore indexes pricing mechanisms and discuss market reaction to the new
Chinese Iron Ore Index• Hear development strategies from global major iron ore suppliers and understand where we
might see new supply coming from• Gain a comprehensive overview from senior market players on all elements of the Chinese
– and global – iron ore markets, and meet with old clients and new counterparts to win future business
America 5%
Asia and Australia (except China) 27%
Europe 22%
Africa and Middle East 2%
China 44%
DAY ONE: Tuesday 28 February
08:00 Registration and morning coffee
08:50 Opening remarks from the Chairperson
SESSION 1: Iron ore and China – China’s development and iron ore market outlook
09:00 Update on China’s steel industry development for 2012-2015
• Impact of industry restructuring and industrial upgrades
• Increased support for merger and acquisition programs
• Where are we with eliminating outdated production capacities?
• What measures have been introduced for saving energy and reducing emissions and what has been the impact on crude steel production in China?
Senior Official, China Iron and Steel Association, China
09:30 Assessing China’s macroeconomic environment and the impact on China’s steel industry development
• Is China’s robust economic growth sustainable – GDP and industrial add value growth studies
• How is steel demand from China? Developments in China’s real estate, automotive and machinery industries
• Measures to control of the real estate market and inflation concerns for economic growth slow-down – impact on steel industry development?
• Forecasting China’s monetary and credit policies in 2012 and beyond and the implications
Senior Economist, China
10:00 China as the driver: Vale’s perspectives on the global iron ore market
• Status of global iron ore projects – project progress and production capacity
• China’s iron ore market forecast • Perspectives on quarterly-based iron ore pricing
systems and iron ore index pricing environment • Competing with the industry – development
blueprints in shipping and logistics Luiz Meriz, China President, Vale, China
10:30 Refreshments and networking break
11:00 Analysts Panel: Where is iron ore going next? Chairperson: Paul Gray, Principal Iron Ore Market
Analyst, Wood Mackenzie, UK
Supply/demand dynamics and forecasts • Global iron ore supply under scrutiny: – Vale, Rio Tinto and BHP Billiton’s expansion
plans and output predictions – Indian iron ore supply and export conditions in
2012 and beyond – Recent iron ore resource discoveries in China
and other emerging regions – Will higher costs, delays of mining projects
and logistical problems prevent miners from sufficiently boosting supply?
• How high can iron ore prices go? Forward price forecasts
Graeme Train, Commodity Analyst, Macquarie Research, China
Strong for how much longer? – Steel and iron ore outlook
• Why China’s steel demand won’t rise forever? – Steel demand drivers – How leveraged is steel to construction,
infrastructure and social housing? – At what level and when will steel demand peak? • How scrap will hurt the iron ore market in the
long run? – How long before scrap generation accelerates? – Why scrap will displace iron ore? • How much Chinese domestic ore will be displaced
by rising imports, and what this will do to prices? – Iron ore seaborne supply outlook – Declining need for domestic iron ore – Global costs and price expectations Ian Roper, Commodity Strategist, CLSA, China
12:30 Networking lunch
SESSION 2: How are international counterparties doing? Global scenarios
14:00 Developments of the iron ore industry under the new quarterly pricing mechanism
• Is China still the biggest stimulator of global iron ore markets?
• BHP Billiton’s iron ore projects expansion in Brazil • Will the pricing system change into monthly
pricing method? Michiel Hovers, Vice President Marketing, Iron Ore,
BHP Billiton, Singapore
14:30 Strategic plans for iron ore production: Project updates and ore production capacities
Simon Wandke, Vice President & Chief Commercial Officer, ArcelorMittal Mining, UK
15:00 Tackling challenges in today’s volatile business environment
• Key challenges facing worldwide steel mills • Iron ore reserves – a headache to steel mills? • How to deal with volatility in iron ore pricing?
What are the solutions? • Securing stable iron ore suppliers through industry
consolidation and globalization strategies • Assessing strategic tactics to reduce raw
material costs • Financial derivatives tools – an effective and
necessary tool for hedging price risk and locking in the iron ore price?
Senior Representative, Management Company METALLOINVEST LLC, Russia
15:30 FMG iron ore Senior Representative, FMG, Fortescue Metals
Group, Australia
16:00 Transparency in the physical iron ore market Louis Fel, CEO, globalOre, Singapore 16:30 Refreshments and networking break
SESSION 3: Iron ore index pricing and swaps market
17:00 Iron Ore Indexes Panel discussion: Flexibility, transparency and convenience of index-based physical pricing
• Iron ore index methodologies: – How are Platts IODEX, TSI and MBIOX price
assessments derived? – How are those price assessments used for iron
ore pricing? • Physically settled against Platts and finacially
settled against TSI – what is the basis risk? How will the market develop after the Platts merger?
• The introduction of the Chinese iron ore index: – What manipulation is used? – The acceptance of CISA index into the global iron
ore market – How to ensure independence of CISA index? • Iron ore pricing evolution – how has the pricing
system developed? Are we expecting a more short-term based pricing system?
Monday 27 February
18:00 Pre-event registration and networking drinks reception
17:45 Speakers from major iron ore index providers Iron ore swaps: Controlling risks through index-
based pricing mechanisms • Addressing iron ore trading risks in today’s
volatile market • Understanding how index-based pricing enables
risk management and hedging • Explaining the basics of swaps • How have iron ore swaps developed in China and
other Asian countries? • How to get steel mills involved?
18:15 Close of day one followed by cocktail reception
DAY TWO: Wednesday 29 February
08:30 Registration and morning coffee
08:50 Opening remarks from the chairperson SESSION 4: Global expansion in the challenging
world of mining
09:00 Rio Tinto – meeting the demands of the global iron ore market
• Global demand – is strong demand remaining? • Working with customers to get the right
portfolio mix • Expanding a global suite of operations – projects
progress and expected output • Continued cooperation between Rio Tinto
and China Sam Walsh, Chief executive – Iron Ore and Australia,
Rio Tinto, Australia
09:30 China’s battle for iron ore in global landscape • Reducing dependency of iron ore imports as a
long term strategy • Enhancing exploration for domestic iron
ore and increasing investment in overseas mining operations
• Updates on China’s investment in West Africa, Russia, Australia, and Southeast Asia
• Will the monopoly have ended by the end of 2015? Senior Executive, China Minmetals
Corporation, China
10:00 MMX’s investment in iron ore projects in the global markets
Roger Allan Downey, Chief Executive Officer, Executive Board Member & Director of Investor Relations, MMX Minerao e Metlicos, Brazil
10:30 Refreshments and networking break
11:00 Cliff Natural Resources iron ore investment and Asian development
• Cliff Natural Resources’s perspective on global iron ore market: supply/demand and price forecast
• Iron ore production and supply in North American market
• Demand from China • Investment in iron ore projects in the global market • Strategic plans for Asian market expansion Donald Gallagher, Executive Vice President, President
– Global Commercial, Cliff Natural Resources, Canada
11:30 Iron ore reserves in China – current status and future development
• Iron ore resources in China – locations, quality/grade
• New projects in the pipeline • China’s investment in overseas iron ore resources
– opportunities and challenges Rongqing WU, Chief engineer, China Mining
Association, China
SESSION 5: Iron ore demand under scrutiny –downstream industries development &steel scrap market development
12:00 Forecast on China’s automotive market and steel demand for 2012-2015
• China’s automotive industry growth and output: market overview and future outlook
• Is the market growth reflective of growth in crude steel consumption and demand?
Senior Official, China Association of Automobile Manufacturers, China
12:30 Networking lunch SESSION 6: Shipping and freight market outlook and
iron ore logistics
14:00 Dry bulk shipping market outlook and freight rates analysis
• Global shipping market outlook • What is the effect of oversupply of tonnage on
the market? • BDI & freight rates monitor – analysis and
future forecasts • New building tonnage of Capesize vessels and
impact on shipping market and freight rates • China’s iron ore international trading and shipping
market development • How freight indexes are affecting iron ore indexes
and prices John Kearsey, Head of Research, Simpson,
Spence & Young, UK
SESSION 7: Junior miners’ showcase
14:30 New iron ore projects continued……
Be updated on new iron ore mining projects in emerging markets with presentations from junior miners answering your questions and discussing key issues including:
• How will new projects fit into the global supply/demand picture? Project progress and output forecasts
• Logistical challenges – local infrastructure construction and how to export to China?
• The effect on the long term price of ore Speakers from junior iron ore miners
16:00 Refreshments and close of the conference
Note: This programme is provisional only and both timings and content may be subject to change.© Metal Bulletin PLC
Iron Ore Trading & Risk Management Training Course – London
6-8 March 2012 Hyatt Regency London – The Churchill, London, United Kingdom
Steel Success Strategies – Turkey
16-17 April 2012 Conrad, Istanbul, Turkey
Iron Ore Trading & Risk Management Training Course – Asia
5-7 June 2012 Hilton, Singapore
2nd Middle East Steel Tube & Pipe 2012
22-23 February 2012 Radisson Blu, Abu Dhabi, UAE
For more information and to register please visit www.metalbulletin.com/events
Showcase your company, increase your brand awareness and
enhance your networking opportunities by becoming a sponsor of the
China Iron Ore 2012 Conference.
Sponsorship opportunities developed by Metal Bulletin Events have become
essential tools for organisations in fulfi lling their marketing objectives. There
are a range of sponsorship opportunities which will enable your company
to raise your brand profile, before and at the event as well as highlight your
company to an audience of senior executives and key decision makers from
across the sector.
Sponsorship & exhibition opportunities
What’s available?|| Cocktail reception
Network and welcome potential clients with your branding prominent
|| Host a delegate lunch Entertain a large number of existing and potential clients
|| Coffee break sponsor Get your message across with high visibility branding
|| Delegate bag sponsor Your company logo on the move for maximum effect
|| Mining showcase Your opportunity to inform and update the industry leaders on your project plans and future developments
To find out more about sponsorship or exhibition packages, contact Charlie Shelley-Smith on UK + 44 (0) 20 7779 8106 or email [email protected] for more information.
Forthcoming related events
27-29 February 2012 I Grand Millennium Hotel, Beijing, China
If your details above are incorrect please amend them herePLEASE COMPLETE IN BLOCK CAPITALS
(Mr/Miss/Mrs/Ms/Dr)
Family Name:
First/Given Name:
*Delegate Email:
*Administrator Email:
Position in Company:
Company Name:
Address:
Postal/Zip Code:
Country:
Tel: +
Fax: +
Please indicate your metals interest in order of preference:
1 2 3
What is your company’s main business activity:
*Delegates must provide their email address in order to receive booking confirmation and access to the delegate messenger system.
REGISTER ONLINE & SAVE US$100
EASY WAYS TO REGISTEROnline: www.metalbulletin.com/events/cio
Fax: +44 (0) 20 7779 8090
Email: [email protected]
Telephone: +44 (0) 20 7779 8905
Address: Roger Cooke Metal Bulletin Events, Nestor House, Playhouse Yard,London, EC4V 5EX, UK
VENUEGrand Millennium Beijing Fortune Plaza, 7 DongSanHuan Middle Road Chaoyang District, Beijing 100020 P.R. ChinaT: + 86 10 8587 6888 F: + 86 10 8587 6999 Email: [email protected]
DELEGATE RATES
Before 25 November 2011 US$1,899 US$1,999Before 6 January 2012 US$2,099 US$2,199Thereafter US$2,299 US$2,399
METHODS OF PAYMENTPLEASE SIGN THE FORM IN ORDER FOR REGISTRATION TO BE PROCESSED
Signature:
Date:
To make a payment by credit card, please call +44 (0) 20 7779 7999or visit www.metalbulletin.com/events/cio to book and pay online.
I would like to pay by bank transfer.Option only available before 31 January 2011.
Note: Full bank details will be emailed to you with your booking confirmation. When paying by bank transfer, please ensure that you transfer enough funds to cover the full price of yourpurchase, plus any bank charges you may incur.
IMPORTANT: Please make sure you quote your full invoice number, details can be found on your invoice.
Industrial Minerals standard terms and conditions apply.
Visas are the responsibility of delegates.
Fees: The conference fee includes attendance at all sessions, refreshments, drinks reception and lunch.
Indian based delegates: Price quoted is net, exclusive of any TDS/Without holding tax.Any deductions are only liable on the submission of an original Withholding Tax Certificate forwarded to Metal Bulletin Ltd.
Accommodation: The fee does not include accommodation. A limited allocation of rooms has been reserved at the conference hotel. Delegates will be sent an accommodation booking form along with confirmation of registration. This form should be completed and returned to the hotel. Accommodation is only for registered delegates and if you are not a delegate the rate may be higher or your room may be cancelled.
VAT: If your organisation is tax registered within the European Union please provide your company VAT number:
Our VAT Number is GB 243 31 57 84
Please tick if you are not registered for sales tax.
DATA PROTECTION NOTICEThe information you provide on this form will be used by Euromoney Trading Ltd and its group companies (“we” or “us”) to process your order and deliver the relevant products/services. We may also monitor your use of the website(s) relating to your order, including information you post and actions you take, to improve our services and track compliance with our terms of use. Except to the extent you indicate your objection below, we may also use your data (including data obtained from monitoring) (a) to keep you informed of our products and services; (b) occasionally to allow companies outside our group to contact you with details of their products/services; or (c) for our journalists to contact you for research purposes. As an international group, we may transfer your data on a global basis for the purposes indicated above, including to countries which may not provide the same level of protection to personal data as within the European Union. By submitting this order, you will be indicating your consent to the use of your data asidentified above. Further detail on our use of your personal data is set out in our privacy policy, which is available atwww.euromoneyplc.com or can be provided to you separately upon request.If you object to contact by telephone , fax , or email , or post , please tick the relevant box. If you do not want us to share your information with our journalists , or other companies please tick the relevant box.
BOOKING CONDITIONSRegistrations can only be confirmed upon receipt of payment or proof of payment and discounted fees will only apply when payment is received within the offer period. If you are not able to attend, a substitute delegate will be accepted. Cancellations must be received in writing prior to 31 January 2012 to qualify for a full refund less US$200administration fee. It may be necessary for reasons beyond the control of the organisers to alter the content, timing and venue. In the unlikely event of the conference being cancelled or curtailed due to any reason beyond the control of Metal Bulletin Ltd., or it being necessary or advisable to relocate or change the date and/or location of the event, neither Metal Bulletin Ltd., nor its employees will be held liable for refunds, damages and/or additional expenses which may be incurred by delegates. We therefore recommend prospective delegates arrange appropriate insurance cover.
Online Via Tel/Fax Iron OreChina
Local Chinese delegates should register through Minmetals
Mr. Chen Qi, Information Management Division, MinmetalsTel: +86-10-68494220 I Fax: +86-10-68494219 I E-mail: [email protected]
MB STORE