AngloAmerican Investor Day Presentation Deck
Production outlook - supplementary guidance
Copper²
Platinum Group Metals - Refined
Platinum Group Metals - M&C by metal³ Moz
Iron ore (Kumba)8
Iron ore (Minas-Rio)⁹
Units
4.
5.
kt
6.
7.
Moz
Mt
Mt
2019
638
4.4
4.7
43
23
2020
647
Pt: 1.8
Pd: 1.2
Other: 0.8
2.7
38
24
2021F
650-660
Pt:~2.0
Pd: 1.35
Other:~0.95
5.0-5.1
(prev. 4.8-5.0)
~40.5
~23
(prev.-24)
2022F
Chile: 560-600
(prev. 580-640)
Peru: 120-160
(prev. 100-150)
Pt: 1.9-2.1
Pd: 1.3-1.4
(prev. 1.4-1.5)
Other: 0.9-1.0
4.2-4.6
(prev. 4.7-5.1)
39-41
(prev. 41.5-42.5)
24-26
2023F
Chile: 590-650
Peru: 320-370
(prev. 300-350)
Pt: 1.9-2.1
Pd: 1.3-1.4
(prev. 1.4-1.5)
Other: 0.9-1.0
3.8-4.2
(prev. 4.2-4.6)
39-41
(prev. 41.5-42.5)
25-27
2024F (new)
Chile: 0-650
Peru: 320-370
Pt: 1.9-2.1
Pd: 1.3-1.4
Other: 0.9-1.0
4.1-4.5
41-43
All guidance subject to the extent of further Covid-19 related disruption.
1. Production on a 100% basis except for the Gahcho Kué joint operation, which is on an attributable 51% basis, and is subject to trading conditions and ongoing operational challenges. Venetia continues to transition to underground operations
during 2022, with ramp-up expected from 2023.
2.
Copper business unit only. On a contained-metal basis. Decrease in Chile production from 2022 driven by lower expected grades at Collahuasi and Los Bronces, and lower water availability at Los Bronces. Upgrade in Peru production.
5E + gold produced metal in concentrate ounces. Includes own mined production (~65%) and purchased concentrate volumes (~35%).
3.
Total iron ore is the sum of Kumba and Minas-Rio on a wet basis.
Excludes thermal coal production in Australia. Lower production in 2022 principally owing to a focus on safety and stable ramp-up of Grosvenor operations, following the suspension from May 2020. Decrease in 2023 guidance owing to
revised timing for the Moranbah-Grosvenor plant expansion project, which will be submitted for approval in 2023 with production benefits expected from -2025.
Nickel business unit only. Decrease in 2022 driven by lower expected ore grades. 2023 volumes impacted by deferrals on bulk ore sorting technology and briquetting project.
5E + gold produced refined ounces. Includes own mined production and purchased concentrate volumes. Higher refined volumes in 2021 owing to the ACP outperformance and release of majority of the work-in-progress inventories from
FY2020.
8. Volumes are reported as wet metric tonnes (wmt). Product is shipped with ~1.6% moisture. Subject to rail and port performance.
9.
Volumes are reported as wet metric tonnes (wmt). Product is shipped with ~9% moisture. Pipeline inspections impact 2020 and 2023 volumes.
Anglo American
26-28
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