Investor Presentaiton
PGMs - impacted by lower basket price and
volumes
H1 2023
vs. H1 2022
Underlying EBITDA ($m)
2,732
H1 2022
Production1
Sales2
Realised
basket price³
Unit cost4
Underlying
EBITDA
Mining
margin5
Capex
1,844koz
1,807koz
$1,885/PGM oz
$993/PGM oz
$667m
37%
$449m
↓7%
↓ 12%
↓29%
↑ 5%
↓76%
↓18pp
↑ 14%
(1,832)
Price
1,283
(104)
487
(678)
667
62
FX
Inflation
1. Production is on a metal in concentrate basis. PGM volumes consist of 5E metals and gold.
2. Sales volumes exclude the sale of refined metal purchased from third-parties and toll material. PGM volumes consist of 5E metals and gold.
3. Excludes trading volumes. Basket price on a per PGMs basis (own mined and purchased concentrate).
4. Own mined 5E+Au PGMs metal in concentrate production.
5. Represents the underlying EBITDA margin for the mining business. It excludes the impact of purchases of concentrate, tolled material and third-party trading activities.
Anglo American
Cost & volume
Other
H12023
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