Future-Enabling Growth Strategy Update slide image

Future-Enabling Growth Strategy Update

Woodsmith project update Prior design Anglo American assumption Ventilation Mining method Hybrid model Scheduled post possible expansion Required earlier due to mining method Marketing Value in use estimated Value in use opportunities identified Continuous miner Woodsmith Greenfield crop nutrients project Construction continues • . • • • Good progress on conveyor tunnel ~17km complete Shaft boring commenced in service shaft FY 2021 capex ~$0.55bn Technical review largely complete - more detailed engineering to optimise key elements Adjusting mine method, shaft schedule & ventilation to our standards Upgrading project scope to increase efficiency & scalability for long term value Final design engineering, capex & schedule at the end of 2022 POLY4: multinutrient, low chloride fertiliser Low carbon, organically certified 20 Farm demos confirm crop yields & quality improvements "Value in Use" work also positive Anglo American 2 21
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