POLY4: A SUSTAINABLE PRODUCT

POTENTIAL TIER 1 ASSET Integrated operation: mine, conveyor, processing plant & port facility Anglo American Long life & large scale Low cost 290Mt JORC reserve 14 29 year life at 10Mtpa Unit cost $40-50/t15 Potential >50% EBITDA margin Scaleable 2.69Bt JORC resource Potential expansion opportunities 20 20

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