AngloAmerican Results Presentation Deck
Life extension capex
Major components of lifex¹ ($bn)
Approved
Mototolo - Der Brochen (PGMS)
Kolomela (Iron Ore)
Aquila³ (Met Coal)
Guidance
Venetia Underground (Diamonds)
Venetia (Diamonds)
Kolomela (Iron Ore)
Approved
Lifex projects - subject to disciplined capital allocation framework
Complete
Approved
Approved
Capex (pa)
Approved
~$0.1bn³
~$0.2-0.3bn²2
~$0.2bn
~0.7
~$0.1bn6
~0.1
~$0.1bn7
~0.2
~0.3
2022F
Volume (pa)
4Mct²
3.5Mt
4Mt
9Mct6
From¹
0.25Moz PGMs
2023
2022
2024
2027
~0.8
2023
~0.1
~0.2
~0.3
2023F
LOM extension
+24 years²
7 years4
+3 years5
+9
years
IRR
>15%
>30%
Jwaneng (Diamonds)
Mototolo - Der Brochen (PGMs)
+30 years7
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. Guidance includes unapproved projects and is, therefore, subject to progress of project studies. 'From' column represents first production.
2. Previously showed 5Mctpa and LOM extension of +22 years. The life of mine has been extended by 2 years, but with lower volumes per annum due to an updated resource model.
3. Lifex for Grasstree underground mine within Capcoal complex. Reflects attributable share of capex and production. Longwall production commenced in February 2022. Remaining capex spend in 2022 is <$0.1bn.
Forecast Returns
>20%
~0.6
>15%
~0.1
>25%
~0.3
2024F
Margin
4. Per the Anglo American plc Ore Reserves and Mineral Resources Report 2020, the Reserve Life for Aquila is reported at 6 years, 7 years reflects the life of mine which considers the Inferred Mineral Resource in mine plan.
5. This project adds three years to the life extension, this is included in the disclosed LOM (life of mine) to 2034 (12 years).
>50%
>40%
>35%
>50%
>35%
6. Attributable share of capex. 100% of production volumes. Capex spend <$0.1bn in certain years therefore not shown on graph above.
7. Capex spend is over 6 years, with most of this capex in 2022-2024. Leverages the existing Mototolo infrastructure, enabling mining to extend into the Der Brochen Mineral Resource, which will potentially extend the LOM beyond 30 years.
Anglo American
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