Future-Enabling Growth Strategy Update slide image

Future-Enabling Growth Strategy Update

Breakdown of projects driving growth capex Major components of growth capex ($bn) Guidance ~1.2 1.0-1.5 1.2-1.7 1.5-2.0 +0.6 Woodsmith + 0.7 Woodsmith Namibia (Diamonds) ~0.1 ~0.22 ~0.62 ~0.1 ~0.5 Mogalakwena (PGMs) Unapproved Quellaveco (Copper) ~0.82 Approved Sishen (Iron Ore) ~0.1 ~0.4 ~0.2 (Met Coal) Moranbah-Grosvenor Unapproved ~0.13 Collahuasi Phase 13 (Copper) ~0.1 ~0.5 ~0.5 Technology ~0.3 ~0.3 & innovation 2021F 2022F 2023F 2024F 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. Guidance includes unapproved projects and is, therefore, subject to progress of growth project studies and Woodsmith is excluded after 2022. 2. This capex relates to Quellaveco, attributable share. 3. This capex relates to Collahuasi Phase 1 (Copper), attributable share. The -$0.1bn is the approved capex spend for the 5th ball mill only (first production expected in -2023), other near-term initiatives under phase 1 are under study. Anglo American 33
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