Sustainable Focus and Growth Outlook

Premium iron ore is essential for a low carbon transition Today Transition Future ~90% steel production is in a blast furnace 17 Higher grade iron ore requires less steelmaking coal Significant emission reductions possible with a mix of technologies to decarbonise steel by 2050 2.2 2.0 China EU/US CO2 tonne per tonne hot metal 17 Anglo American Direct charge products lower sintering emissions 20-25% lower emissions from using our high quality iron ore products 0.3 BF + CCUS 0.1 DRI+ Scrap + H2 + EAF CO2 tonne per tonne hot metal17 24

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