AngloAmerican Results Presentation Deck
ATTRACTIVE GREENFIELD AND BROWNFIELD OPTIONS
Long life greenfields and fast returning brownfields
Quellaveco (Copper)
Marine Namibia (Diamonds)
Woodsmith (Crop Nutrients)4
Sishen (Kumba Iron Ore)
Mogalakwena expansion (PGMS)
Collahuasi Phase 1 (Copper)
Collahuasi Phase 2 (Copper)
Moranbah-Grosvenor (Met Coal)
Technology & innovation
APPROVED
APPROVED
APPROVED
APPROVED
-2021
-2021
-2024
-2022
ONGOING
Capex
$2.7 bn to $2.8bn²
~$0.2bn³
-$3.3bn4
-$0.2bn
~$0.6bn
Volume
+180ktpa
+0.5M ctpa³
$0.3bn to $0.4bn
+10Mtpa
-$1/t5 premium
& +3 year LOM
+50ktpa
From 1
2022
6
2022
+4-6Mtpa
Studies ongoing, expected $0.8-1.4bn capex, 0.3-0.6Moz PGMs, 2024
Returns
-4 year payback >15% IRR
2023
-3 year payback >25% IRR
Optimisation of development timeline and design ongoing
-6 year payback >30% IRR
Studies underway for next stage expansion; potential up to +100ktpa from 2028
2023/4 -4 year payback >20% IRR
>50% margin
2024 3-4 year payback >30% IRR
>60% margin
>40% margin
>50% margin
>50% margin
$0.2bn to $0.5bn pa multiple options - rapid payback, high profitability, sustainability benefits
1.
First production.
2. Attributable share post syndication proceeds.
3.
Attributable capex. 100% of production volumes.
4.
Project capex approved prior to acquisition in March 2020, subject to optimisation of development timeline and design post acquisition. Not included in capex guidance after 2021.
-$1/t premium applies to -50% of volumes.
5.
6.
Initial stage of upgrade work completed in 2019, increasing capacity by ~1 Mtpa, remaining capacity increase 3-5Mtpa.
Anglo American
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