AngloAmerican Results Presentation Deck
De Beers: world leader in diamonds
Best-in-class business...
Mining EBITDA margin¹
51%
Trading margin (typical level)²
~7%
...focused on consumers
Global Diamond Jewellery Demand³
O
USA
China
Japan
India
Gulf
Rest of world
Self purchases4 Millennials4
~39% ~64% ~76%
of US demand
of US demand
1. Represents an average underlying EBITDA margin for the mining business from 2020-2022. It excludes the impact of the sale of non-equity product by De Beers.
2. Typical level for trading margin. 2022 margin of 10% reflects trading benefits from the strong recovery in the market.
3. De Beers Strategy Insights and Analytics based on 2021 data - global natural diamond jewellery demand.
4. De Beers commissioned study, US Diamond Acquisition Study 2022.
LGD price drops continue5
discount to natural
& growing
%
54
11
6
5
4
20
5. At wholesale and retail, LGD prices have dropped and continue to drop, for all sizes and qualities, online and offline, vs natural diamond equivalent product.
6. Estimate using online prices for 1 ct of all colours and clarities as of January 2023. Lab Grown Diamonds (LGD) continue to see significant price reductions at the retail level differentiating the product from natural diamonds.
Anglo American
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