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ANGLO AMERICAN PLC - Anglo American receives operating licence for Minas-Rio tailings facility

Release Date: 23/12/2019 09:00
Code(s): AGL     PDF:  
Wrap Text
Anglo American receives operating licence for Minas-Rio tailings facility

Anglo American plc (the “Company”)
Registered office: 20 Carlton House Terrace, London SW1Y 5AN
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

23 December 2019

Anglo American receives operating licence for Minas-Rio tailings facility

Anglo American announces that it has received the next phase of its operating licence for its
Minas-Rio tailings facility in Brazil, following the work to raise the dam as part of the Step 3 licence
area of the mine. The regulatory authorities in Brazil granted the installation licence for this work
in January 2018 and the construction work was completed in accordance with that licence in
August 2019.

Seamus French, CEO of Bulk Commodities at Anglo American, said: “This is an important
milestone for our Minas-Rio iron ore operation in Brazil towards reaching its full potential. Minas-
Rio has a long asset life of 48 years and produces a high grade, premium quality product for our
customers, supporting lower emissions in the steel industry. We expect Minas-Rio to produce 23
million tonnes in 2019, with a FOB unit cost of c.US$24 per tonne.”

The Minas-Rio tailings dam uses a downstream construction design and is an embankment dam
structure, built using compacted imported earth-fill material, with carefully selected granular
materials for the drainage and filter zones. Tailings are not used to build the dam, and instead
construction materials are placed in controlled layers. This is a conservative and high quality
design for a tailings dam, being designed and built as a water-retaining type of dam.

The Company has a primary listing on the Main Market of the London Stock Exchange and
secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the
Namibia Stock Exchange and the SIX Swiss Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:

 Media                                                                               Investors
 UK                                                                                  UK
 James Wyatt-Tilby                                                                   Paul Galloway
 james.wyatt-tilby@angloamerican.com                                                 paul.galloway@angloamerican.com
 Tel: +44 (0)20 7968 8759                                                            Tel: +44 (0)20 7968 8718

 Marcelo Esquivel                                                                    Robert Greenberg
 marcelo.esquivel@angloamerican.com                                                  robert.greenberg@angloamerican.com
 Tel: +44 (0)20 7968 8891                                                            Tel: +44 (0)20 7968 2124

 Katie Ryall                                                                         Emma Waterworth
 katie.ryall@angloamerican.com                                                       emma.waterworth@angloamerican.com
 Tel: +44 (0)20 7968 8935                                                            Tel: +44 (0)20 7968 8574

 South Africa
 Pranill Ramchander
 pranill.ramchander@angloamerican.com
 Tel: +27 (0)11 638 2592

 Sibusiso Tshabalala
 sibusiso.tshabalala@angloamerican.com
 Tel: +27 (0)11 638 2175

Notes to editors:

Minas-Rio operates a comprehensive tailings safety management programme, as required by
Anglo American’s rigorous Group Technical Standard, and in line with the Brazilian legislation
and best practices around the world. It includes daily inspections, weekly instrument reading and
geotechnical inspections at least every two weeks, as well as quarterly inspections performed by
the Engineer of Record. In addition, a Technical Review Panel, composed of three experienced
specialist engineers, provides an independent review at least once per year. The construction
work and other aspects related to the facility are independently audited by the Brazilian Institute
for Technological Research (IPT), one of the most renowned technical institutes in Brazil, which
sends quarterly reports to the relevant authorities.

Anglo American is a leading global mining company and our products are the essential
ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining
operations and undeveloped resources provides the metals and minerals that enable a cleaner,
more electrified world and that meet the fast growing consumer-driven demands of the world’s
developed and maturing economies. With our people at the heart of our business, we use
innovative practices and the latest technologies to discover new resources and mine, process,
move and market our products to our customers around the world – safely, responsibly and
sustainably.

As a responsible miner – of diamonds (through De Beers), copper, platinum group metals, iron
ore, coal and nickel – we are the custodians of what are precious natural resources. We work
together with our business partners and diverse stakeholders to unlock the sustainable value that
those resources represent for our shareholders, the communities and countries in which we
operate, and for society as a whole. Anglo American is re-imagining mining to improve people’s
lives.
www.angloamerican.com


Date: 23-12-2019 09:00:00
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