Investor Presentaiton
Key projects driving growth capex
Major components of growth capex ($bn)
Guidance
+~0.7 Woodsmith
~0.8
(previously ~1.0)
~0.8
(previously -0.8)
(previously -1.0)
Approved
Quellaveco2 (Copper)
~0.12
Unapproved Mogalakwena (PGMs)
~0.2
Ongoing
Technology & innovation³
~0.33
2023F
~0.8
(previously -1.0)
~0.4
~0.1
~0.33
2024F
~0.23
2025F
1. Cash expenditure on property, plant and equipment including related derivatives, net of proceeds from disposal of property, plant and equipment and includes direct funding for capital expenditure from non-controlling interests. Shown excluding capitalised
operating cash flows. Consequently, for Quellaveco, remaining growth capex reflects our attributable share. Guidance includes unapproved projects and is, therefore, subject to the progress of project studies, and unapproved Woodsmith capex of -$1bn pa is
excluded after 2023.
2. Attributable share of capex (60%).
3. Technology and innovation capex is estimated to be between $0.1-0.3bn pa (previously $0.2-0.5bn pa), including capex on Zero Emissions Haulage Solution (ZEHS) programmes and the lower guidance reflects equity accounting of the SA Regional Renewable
Energy Ecosystem joint venture, Envusa Energy.
Anglo American
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