Investor Presentaiton
Capex guidance
Capex1
$bn
Woodsmith
~0.7
(prev. -0.8)
~0.82
Growth
~0.82
(prev.-1.0)
(prev.-1.0)
~0.82
~0.3
(prev.-1.0)
Collahuasi desal
~0.4
~0.7
~0.3
~0.6
Lifex
(prev. -0.7)
~0.5
Baseline
sustaining
~3.5
3.5-4.0
3.2-3.7
(prev. 3.1-3.6)
3.0-3.5
+ lifex
Totals
2023F
~6.0
(previously 6.0-6.5)
2024F
5.3-5.8
(previously 5.5-6.0)
(excl. ~$1bn Woodsmith)
2025F
4.8-5.3
(previously 5.0-5.5)
(excl. $1bn Woodsmith)
Long-term
(2022 real)1
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. Collahuasi desalination capex shown includes related infrastructure. 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. Long-term sustaining capex guidance is shown on a 2022 real basis.
2. Lower growth guidance reflects equity accounting of the SA Regional Renewable Energy Ecosystem joint venture, Envusa Energy.
Anglo American
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