Future-Enabling Growth Strategy Update
Capex continues to be impacted by Covid (new and
previous guidance)
Capex ($bn)
~0.7
1.0-1.5
Woodsmith
~0.6
(prev. -0.5)
(prev. 1.5-2.0)
1.2-1.7
(prev. 1.5-2.0)
1.5-2.0
Collahuasi
~0.5
desal
~0.4
(prev. 0.3 in
Growth
~1.2
(prev.1.4-1.9)
'22F &'23F)
Collahuasi
~0.7
~0.8
desal
~0.2
(prev. ~0.9)
~0.6
Lifex
~0.5
(prev. ~0.6)
~3.0
Baseline
sustaining
~2.9
(prev.-3.0)
~3.4
(prev.~3.0)
~3.5
(prev.~3.0)
+
~3.3
Lifex
2021F
Totals
~5.2
(prev. 5.5-6.0)
2022F
6.2-6.7
(prev. 5.7-6.2, which
excluded Woodsmith)
2023F
6.0-6.5
(prev. 5.6-6.1)
нн
2024F
5.6-6.1
Long-term
(real)
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, reflects attributable share of capex, see appendix. Collahuasi desalination capex shown includes related infrastructure which was excluded in previous
presentations. Guidance includes unapproved projects and is, therefore, subject to progress of growth project studies and Woodsmith is excluded after 2022. Long-term sustaining capex guidance is shown on a real basis.
Anglo American
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