Investor Presentaiton
PGMs - solid margins drive earnings
Production1
Sales2
Realised
basket price²
Underlying
Mining
Unit cost³
EBITDA
margin4
Capex
H1 2022
1,988koz
2,044koz
$2,671/PGM oz
$948/PGM oz
$2,732m
55%
$394m
vs. H1 2021
↓4%
↓20%
↓7%
↑ 9%
↓38%
↓16pp
↑ 9%
Underlying EBITDA ($m)
4,383
(947)
3,481
134
(89)
(684)
2,732
(65)
H1 2021
Price
FX
Inflation
F
Cost & volume
Other
H1 2022
1. Production is on a metal in concentrate basis.
2. Excludes trading volumes. Basket price on a per PGMs basis (own mined and purchased concentrate).
3. Own mined 5E+Au PGMs metal in concentrate production.
4. Represents the underlying EBITDA margin for the mining business. It excludes the impact of purchases of concentrate, tolled material and third-party trading activities.
Anglo American
55View entire presentation