AngloAmerican Results Presentation Deck slide image

AngloAmerican Results Presentation Deck

METALLURGICAL COAL - A CHALLENGING YEAR Metallurgical Metallurgical FOB realised production ¹ sales 1 price² 16.8Mt 16.9Mt $109/t 2020 vs. 2019 Underlying EBITDA ($m) 1,707 2019 (789) Price 126% Anglo American -2- (11) (10) FX Inflation Covid 125% 899 (755) 134% (88) Operational Cost & incidents volume 50 (6) - Other 2020 1. Excludes thermal coal. 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. Includes corporate and projects costs of $74m. Unit cost³ $86/t 137% Underlying EBITDA4 $50m 197% ● Mining margin 3% 142pp Capex $683m 12% Grosvenor restart • Queensland Coal Mining Board of Inquiry began hearings in 2020 & delivered a preliminary report on 30 November 2020 • Hearings will resume on 9 March 2021 • Final report expected by 31 May 2021 In parallel to our full cooperation with the Board of Inquiry, preparations for a H2 2021 restart are under way: Learnings are being incorporated into enhanced processes & controls A new longwall has been procured & is available for installation from June 2021 Works to permanently seal off the affected longwall panel are complete Following regulatory clearance to re-enter the mine, safety and compliance inspections will take place, followed by development work & installation of the new longwall, with various regulatory approvals required 59
View entire presentation