Anglo American Iron Ore Market Prospects and Minas-Rio Project Overview

ANGLO AMERICAN The Minas-Rio project comprises · A mine and beneficiation plant in Minas- Gerais state in SE Brazil •A 525 km slurry pipeline •A port in Rio de Janeiro state •Initial stage of production of 26.5 Mtpa of pellet feed and 3 Mtpa domestic lump •First production 1H10 First quartile operating costs •Majority of off-take for phase 1 destined for the Middle East and Asia The Minas-Rio project Serro 40km Itapa Minas Gerais State Serra do Sapo Brazil Iron Quadrangle Belo Horizonte Minas-Rio Deposits cão Molevade 3

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