Investor Presentaiton
Steelmaking Coal - higher volumes offset by lower
prices
H1 2023
vs. H1 2022
Underlying EBITDA ($m)
1,399
Production1
Sales1
Realised
price²
Unit cost³
Underlying
EBITDA
Mining
margin
Capex
6.9 Mt
6.9Mt
$274/t
$135/t
$615m
31%
$273m
↑ 42%
↑ 33%
↓31%
↓16%
↓56%
32pp
↑ 3%
(1,087)
(363)
615
665
313
95
(94)
H1 2022
Price
FX
1. Excludes thermal coal. Includes production relating to the processing of third-party product.
2. Weighted average HCC and PCI realised price at managed operations. Excludes thermal coal.
3. FOB unit cost at managed operations excluding royalties and study costs.
4. Reflects the impact of a credit to H1 2022 EBITDA of $250m relating to Grosvenor insurance proceeds.
Anglo American
Inflation
Cost & volume
Other4
H12023
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