Wrap Text
PGMs Production Report for the third quarter ending 30 September 2022
Anglo American Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(“The Company" or "Anglo American Platinum")
27 October 2022
Anglo American Platinum Limited
PGMs Production Report for the third quarter ending 30 September 2022
Overview – Q3 2022 performance against prior period Q3 2021
• Safety performance – continued focus on elimination of fatalities and safety. No fatalities at own-managed operations and
Joint Operations.
• Total PGMs production (expressed as 5E+Au metal-in-concentrate) decreased by 6% to 1,046,100 ounces.
• Own-managed mines PGMs production decreased by 3% to 587,200 ounces due to Eskom power outages (load-shedding),
Amandelbult infrastructure closures and lower grade at Mogalakwena, partially offset by strong production performances
from Unki up 41%, and Mototolo, up 9%, following the completion of the concentrator debottlenecking projects in 2021.
• Refined PGMs production (owned production, excluding tolling) decreased by 30% to 994,800 ounces due to the Polokwane
smelter rebuild, its first full rebuild in twelve years, which is on track for completion towards the end of Q4 2022.
• Eskom power-outages impacted both concentrators and smelters in the period, which led to a loss of production, as well as
an increase in built-up work-in-progress inventory of 40,400 PGM ounces.
• PGMs sales volumes (from production, excluding sales from trading) decreased by 31% to 933,500 ounces in line with lower
refined production.
• Guidance for 2022 - Metal-in-concentrate PGM production is unchanged at 3.9 - 4.3 million ounces. Refined production
guidance for 2022 is unchanged at 3.7-3.9 million ounces. Unit cost per PGM ounce produced is maintained at R14,000 -
R15,000. Guidance is subject to ongoing Eskom power disruptions.
Natascha Viljoen, CEO of Anglo American Platinum, said:
“Our commitment to eliminate fatalities from our workplace continues to help us keep our people safe. We had no work-related
fatalities at our own-managed operations in the period. Despite this progress, and our extensive work across all operations to
protect the safety of our colleagues, we saw our total recordable case injury frequency rate (TRCFR) increase by 4% to 2.35 per
million hours worked. The focus on reversing this trend is the focus of every leader in this organisation.
Total PGM production was 6% lower compared to the prior period, but in line with Q2 2022. We embedded stability at Unki
and Mototolo, following their successful completion of the concentrator debottlenecking projects, which saw Unki increasing
production by 41% and Mototolo by 9%. We also increased tonnes milled at Mogalakwena, however this was more than offset
by a 7% reduction in grade. This grade reduction was due to a delay in accessing the higher-grade South pits from Q3 to Q4,
and we have been mining these higher grade areas since September. Amandelbult production was down 12%, largely due to
the infrastructure closures at Tumela Upper at the end of 2021, and Eskom power outages.
Refined production of 994,800 PGM ounces was lower as expected, due to the planned rebuild of the Polokwane smelter, its
first full rebuild in twelve years to ensure asset reliability over the long term. Sales volumes of 933,500 declined in line with
refined production. Sales volumes for the quarter were planned to be lower than refined production, as part of our risk
mitigation plans during the Polokwane smelter rebuild.
Eskom power outages have affected both concentrators and smelters, resulting in a loss in production, as well as a build-up in
work-in-progress inventory of 40,400 PGM ounces. We maintain our guidance for 2022 and are carefully monitoring the
continued impact of power outages on our operations as we progress through Q4.”
Anglo American Platinum Q3 2022 Q3 2022 YTD 2022
PGM Production Report - Q3 2022 Q3 Q2 Q1 Q4 Q3 vs vs YTD YTD vs
1 July 2022 - 30 September 2022 2022 2022 2022 2021 2021 Q3 2021 Q2 2022 2022 2021 YTD 2021
M&C PGM¹ production (000 ounce)² 1,046.1 1,031.5 956.0 1,103.4 1,116.2 (6) % 1 % 3,033.6 3,195.3 (5) %
Own-managed mines 587.2 586.7 529.2 634.6 606.3 (3) % — % 1,703.1 1,802.3 (5) %
Joint operations owned volume 96.0 99.6 93.9 99.7 113.7 (16) % (4) % 289.5 321.8 (10) %
Joint operations purchase of concentrate 96.0 99.6 93.9 99.7 113.7 (16) % (4) % 289.5 321.8 (10) %
Third party purchase of concentrate 266.9 245.6 239.0 269.4 282.6 (6) % 9 % 751.5 749.4 — %
Refined PGM production owned (000 ounce)² 994.8 1,240.6 718.5 1,391.3 1,420.4 (30) % (20) % 2,953.9 3,747.1 (21) %
4E Toll refined production 151.3 143.4 154.8 179.5 164.6 (8) % 6 % 449.5 494.2 (9) %
Total refined production (owned and toll) 1,146.1 1,384.0 873.3 1,570.8 1,585.0 (28) % (17) % 3,403.4 4,241.3 (20) %
PGM sales volume from production (000 ounce) 933.5 1,206.2 838.2 1,285.2 1,361.0 (31) % (23) % 2,977.9 3,929.2 (24) %
Trading sales volume3 403.4 256.0 400.9 272.8 160.2 152 % 58 % 1,060.3 497.7 113 %
Total sales volume (production and trading) 1,336.9 1,462.2 1,239.1 1,558.0 1,521.2 (12) % (9) % 4,038.2 4,426.9 (9) %
¹ PGM is the sum total of platinum, palladium, rhodium, iridium, ruthenium and gold ounces.
² Referencing AAP guidance.
3
Trading sales volume not produced by Anglo American Platinum operations.
Review of the quarter
Safety
We had no work-related fatalities during the period at own-managed operations or Joint Operations. The Total Recordable Case
Frequency Rate (TRCFR) per million hours at managed operations of 2.35 per million hours deteriorated by 4% compared to the
prior period of 2.26 per million hours. Significant management efforts are focused on contractor safety, working collaboratively
with our Joint Operations on safety, incorporating learnings to stop repeat incidents and increased management oversight on
high-risk work.
Metal-in-concentrate (M&C) PGM production
Total PGM production
Total PGM production in Q3 2022 decreased 6% against the prior period (Q3 2021) to 1,046,100 ounces, with platinum
production decreasing 8% to 478,900 ounces, and palladium production decreasing by 5% to 323,800 ounces. Total PGM
production increased by 1% against Q2 2022.
PGM production from own-managed mines
Total PGM production from own-managed mines decreased by 3% to 587,200 ounces (platinum production decreased by 4% to
265,400 ounces, while palladium production decreased by 2% to 211,500 ounces) primarily due to Eskom power outages, lower
production from Amandelbult due to infrastructure closures and lower grade at Mogalakwena, partially offset by strong
production from Unki and Mototolo.
PGM production at Mogalakwena decreased by 6% to 259,300 ounces (platinum decreased by 8% to 107,600 and palladium
production decreased by 5%, to 121,400 ounces). Tonnes milled increased by 2%, as the North concentrator maintenance
continued into Q3 2022, resulting in the planned South concentrator maintenance being postponed to Q3 2023. This was offset
by a 7% reduction in 4E built-up head grade to 2.84g/t from 3.05g/t, due to a delay in accessing the higher-grade South pits due
to community protests.
PGM production from Amandelbult decreased by 12% to 192,600 ounces (platinum production decreased by 12% to 96,500
ounces and palladium production decreased by 13% to 44,800 ounces), largely due to the closure of Tumela Upper
conventional infrastructures that reached end of life in December 2021 (contributing c.21,000 PGM ounces in the prior period),
as well as the impact from Eskom power outages.
Mototolo PGM production increased by 9% to 75,400 ounces (platinum production increased by 7% to 34,500 ounces and
palladium increased by 10% to 22,000 ounces), largely due to an improvement in ground conditions which resulted in a 5%
increase in 4E built-up head grade to 3.39g/t, as well as increased stability following the ramp-up of the concentrator
debottlenecking project.
Unki PGM production increased by 41% to 59,900 ounces (platinum production increased by 41% to 26,800 ounces and
palladium production increased by 40% to 23,300 ounces). The concentrator debottlenecking project was completed in Q4
2021, increasing concentrator capacity from 180ktpm to 210ktpm. This led to a 39% increase in tonnes milled.
PGM production from Joint Operations (50% own-mined production and 50% purchase of concentrate)
Total PGM production from Joint Operations decreased by 16% to 192,000 ounces (platinum production decreased by 15% to
86,800 ounces while palladium production decreased by 16% to 57,200 ounces).
Total Modikwa PGM production decreased by 6% to 75,200 ounces (platinum production decreased by 4% to 30,000 ounces and
palladium production decreased 6% to 28,200 ounces). Despite tonnes milled increasing by 5%, 4E built-up head grade decreased
by 6% as higher proportions of Merensky ore and surface material, which have a lower grade, were milled.
Total Kroondal PGM production decreased by 21% to 116,800 ounces (platinum production decreased by 19% to 57,000 ounces
and palladium production decreased by 23% to 29,000 ounces) largely due to the gradual ramp-down at Simunye shaft, which
benefited the prior period by c.16,500 PGM ounces (with forecast for shutdown towards Q4 2022), geologically challenging
ground at Bambanani and Kwezi shafts, as well as Eskom power outages.
Purchases of PGM concentrate from third parties
Purchases of PGM concentrate (POC) from third parties decreased by 6% to 266,900 ounces (platinum POC decreased by 9% to
126,700 ounces and palladium POC decreased by 6% to 55,200 ounces) due to lower receipts.
Base metal production
Nickel production decreased by 3% to 5,748 tonnes and copper production increased by 6% to 3,866 tonnes.
Refined PGM production
Refined PGM production (from owned production, excluding tolling) decreased by 30% to 994,800 ounces, due to the rebuild of
the Polokwane smelter, undergoing its first full rebuild in twelve years, to ensure asset reliability. Refined platinum production
decreased by 31% to 457,200 ounces and refined palladium production decreased by 31% to 317,100 ounces. Start-up is expected
to commence in December 2022. In addition, Eskom power outages impacted both concentrators and smelters in the period,
which led to build-up in work-in-progress inventory in the quarter of 40,400 PGM ounces.
Toll refined PGM production decreased by 8% to 151,300 PGM ounces.
PGM sales volumes
PGM sales volumes (excluding trading) decreased by 31% to 933,500 ounces, in line with lower refined production. Platinum sales
volumes decreased by 35% to 414,600 ounces and palladium sales volumes decreased by 35% to 302,000 ounces. The average
Q3 2022 realised basket price of $2,531/PGM ounce was lower than Q3 2021 due to lower prices.
2022 Guidance
We maintain our metal-in-concentrate (M&C) PGM guidance at 3.9 - 4.3 million PGM ounces(1) and our refined PGM production
guidance at 3.7 - 3.9 million PGM ounces, subject to the further impact of Eskom power outages. Both are subject to the extent
of further Covid-19 related disruption. Unit cost guidance of R14,000 - R15,000 per PGM ounce, is maintained, but note persistent
inflationary pressures on consumables.
(1) Metal in concentrate production is expected to be 1.8 – 2.0 million ounces of platinum, 1.2 – 1.3 million ounces of palladium, and 0.9 – 1.0 million ounces of
other PGMs and gold.
[OFFICIAL]
Anglo American Platinum Q3 2022 Q3 2022 YTD
PGM Production Report - Q3 2022 Q3 Q2 Q1 Q4 Q3 vs vs YTD YTD vs
1 July 2022 - 30 September 2022 2022 2022 2022 2021 2021 Q3 2021 Q2 2022 2022 2021 YTD
Safety
Fatalities - own managed operations4 number 0 0 0 1 0 0 0
Total recordable injury frequency rate /million 2.35 2.60 2.16 2.55 2.26 4 % (9) % 2.39 2.55 (7) %
Total M&C PGM production 000 oz 1,046.1 1,031.5 956.0 1,103.4 1,116.2 (6) % 1 % 3,033.6 3,195.3 (5) %
Platinum 000 oz 478.9 479.1 444.3 511.2 519.1 (8) % — % 1,402.3 1,475.4 (5) %
Palladium 000 oz 323.8 321.5 296.6 345.2 342.6 (5) % 1 % 941.9 1,007.6 (7) %
Tonnes milled 000 7,042 7,050 6,609 7,217 7,112 (1) % — % 20,700 20,988 (1) %
4E Built-up head grade g/t 3.33 3.33 3.24 3.49 3.47 (4) % — % 3.30 3.50 (6) %
Own mined volume
Total mined production
Total M&C PGM production 000 oz 683.2 686.3 623.1 734.3 720.0 (5) % — % 1,992.6 2,124.1 (6) %
Platinum 000 oz 308.8 314.1 283.8 332.4 328.6 (6) % (2) % 906.7 963.9 (6) %
Palladium 000 oz 240.0 240.9 219.3 258.6 249.8 (4) % — % 700.2 757.4 (8) %
Tonnes milled 000 7,042 7,050 6,609 7,217 7,112 (1) % — % 20,700 20,988 (1) %
4E Built-up head grade g/t 3.33 3.33 3.24 3.49 3.47 (4) % — % 3.30 3.50 (6) %
Own managed mines
Total M&C PGM production 000 oz 587.2 586.7 529.2 634.6 606.3 (3) % — % 1,703.1 1,802.3 (5) %
Platinum 000 oz 265.4 268.6 241.0 287.7 277.6 (4) % (1) % 775.0 819.6 (5) %
Palladium 000 oz 211.5 211.7 191.6 229.1 215.9 (2) % — % 614.8 662.1 (7) %
Tonnes milled 000 6,224 6,208 5,789 6,391 6,192 1 % — % 18,221 18,349 (1) %
4E Built-up head grade g/t 3.30 3.30 3.21 3.48 3.43 (4) % — % 3.27 3.47 (6) %
Mogalakwena mine
Total M&C PGM production 000 oz 259.3 261.4 248.8 300.8 276.5 (6) % (1) % 769.5 913.8 (16) %
Platinum 000 oz 107.6 110.7 104.4 126.2 116.9 (8) % (3) % 322.7 385.9 (16) %
Palladium 000 oz 121.4 121.6 114.5 138.1 127.7 (5) % — % 357.5 422.6 (15) %
Tonnes milled 000 3,518 3,362 3,315 3,533 3,441 2 % 5 % 10,195 10,671 (4) %
4E Built-up head grade g/t 2.84 2.91 2.81 3.22 3.05 (7) % (3) % 2.85 3.24 (12) %
Amandelbult mine
Total M&C PGM production 000 oz 192.6 183.4 159.9 213.6 218.3 (12) % 5 % 535.9 559.6 (4) %
Platinum 000 oz 96.5 93.4 81.4 107.7 109.5 (12) % 3 % 271.3 283.8 (4) %
Palladium 000 oz 44.8 42.5 37.1 49.9 51.6 (13) % 5 % 124.4 130.2 (4) %
Tonnes milled 000 1,339 1,504 1,203 1,639 1,587 (16) % (11) % 4,046 4,286 (6) %
4E Built-up head grade g/t 4.47 3.89 4.20 4.18 4.33 3 % 15 % 4.17 4.18 — %
Unki mine
Total M&C PGM production 000 oz 59.9 66.3 53.3 63.3 42.5 41 % (10) % 179.5 141.4 27 %
Platinum 000 oz 26.8 29.7 24.5 28.0 19.0 41 % (10) % 81.0 63.1 28 %
Palladium 000 oz 23.3 25.7 20.3 24.9 16.6 40 % (9) % 69.3 55.3 25 %
Tonnes milled 000 650 625 630 599 468 39 % 4 % 1,904 1,492 28 %
4E Built-up head grade g/t 3.31 3.87 3.26 3.59 3.52 (6) % (15) % 3.48 3.50 (1) %
Mototolo mine
Total M&C PGM production 000 oz 75.4 75.6 67.2 56.9 69.0 9 % — % 218.2 187.5 16 %
Platinum 000 oz 34.5 34.7 30.7 25.9 32.2 7 % (1) % 99.9 86.8 15 %
Palladium 000 oz 22.0 21.9 19.7 16.2 20.0 10 % — % 63.6 54.0 18 %
Tonnes milled 000 716 718 642 620 696 3 % — % 2,076 1,902 9 %
4E Built-up head grade g/t 3.39 3.39 3.38 3.00 3.23 5 % — % 3.39 3.19 6 %
Joint operations mined production
Total M&C PGM production 000 oz 96.0 99.6 93.9 99.7 113.7 (16) % (4) % 289.5 321.8 (10) %
Platinum 000 oz 43.4 45.5 42.8 44.7 51.0 (15) % (5) % 131.7 144.3 (9) %
Palladium 000 oz 28.6 29.2 27.6 29.5 33.9 (16) % (2) % 85.4 95.3 (10) %
Tonnes milled 000 819 841 819 827 920 (11) % (3) % 2,479 2,639 (6) %
4E Built-up head grade g/t 3.58 3.53 3.49 3.62 3.68 (3) % 1 % 3.53 3.68 (4) %
Modikwa mine
Total M&C PGM production 000 oz 37.6 36.8 34.3 36.4 39.8 (6) % 2 % 108.7 110.1 (1) %
Platinum 000 oz 15.0 14.8 13.5 14.4 15.6 (4) % 1 % 43.3 43.1 — %
Palladium 000 oz 14.1 13.8 12.8 13.8 15.0 (6) % 2 % 40.7 41.4 (2) %
Tonnes milled 000 327 308 287 294 311 5 % 6 % 922 884 4 %
4E Built-up head grade g/t 3.69 3.71 3.67 3.76 3.93 (6) % (1) % 3.69 3.86 (4) %
Kroondal mine
Total M&C PGM production 000 oz 58.4 62.8 59.6 63.4 73.9 (21) % (7) % 180.8 211.7 (15) %
Platinum 000 oz 28.5 30.7 29.3 30.3 35.4 (19) % (7) % 88.5 101.2 (13) %
Palladium 000 oz 14.5 15.4 14.8 15.9 18.9 (23) % (6) % 44.7 53.9 (17) %
Tonnes milled 000 492 533 532 533 609 (19) % (8) % 1,557 1,755 (11) %
4E Built-up head grade g/t 3.51 3.43 3.40 3.54 3.56 (1) % 2 % 3.44 3.58 (4) %
Anglo American Platinum Q3 2022 Q3 2022 YTD 2022
PGM Production Report - Q3 2022 Q3 Q2 Q1 Q4 Q3 vs vs YTD YTD vs
1 July 2022 - 30 September 2022 2022 2022 2022 2021 2021 Q3 2021 Q2 2022 2022 2021 YTD 2021
Purchase of concentrate
Total purchase of concentrate
PGM production 000 oz 362.9 345.2 332.9 369.1 396.3 (8) % 5 % 1,041.0 1,071.2 (3) %
Platinum 000 oz 170.1 165.0 160.5 178.8 190.5 (11) % 3 % 495.6 511.5 (3) %
Palladium 000 oz 83.8 80.6 77.3 86.6 92.8 (10) % 4 % 241.7 250.2 (3) %
Joint operations purchase of
concentrate
PGM production 000 oz 96.0 99.6 93.9 99.7 113.7 (16) % (4) % 289.5 321.8 (10) %
Platinum 000 oz 43.4 45.5 42.8 44.7 51.0 (15) % (5) % 131.7 144.3 (9) %
Palladium 000 oz 28.6 29.2 27.6 29.5 33.9 (16) % (2) % 85.4 95.3 (10) %
Third party purchase of concentrate
PGM production 000 oz 266.9 245.6 239.0 269.4 282.6 (6) % 9 % 751.5 749.4 —%
Platinum 000 oz 126.7 119.5 117.7 134.1 139.5 (9) % 6 % 363.9 367.2 (1) %
Palladium 000 oz 55.2 51.4 49.7 57.1 58.9 (6) % 7 % 156.3 154.9 1 %
Refined PGM production - owned
PGM ounces 000 oz 994.8 1,240.6 718.5 1,391.3 1,420.4 (30) % (20) % 2,953.9 3,747.1 (21) %
Platinum 000 oz 457.2 600.4 334.1 653.5 662.8 (31) % (24) % 1,391.7 1,746.4 (20) %
Palladium 000 oz 317.1 374.8 228.1 423.2 459.8 (31) % (15) % 920.0 1,204.3 (24) %
Rhodium 000 oz 64.8 86.4 46.3 97.7 92.3 (30) % (25) % 197.5 249.5 (21) %
Minor PGMs and gold 000 oz 155.7 179.0 110.0 216.9 205.5 (24) % (13) % 444.7 546.9 (19) %
Base metal production - owned
Nickel tonnes 5,748 6,173 4,628 5,683 5,913 (3) % (7) % 16,549 16,598 — %
Copper tonnes 3,866 3,889 3,393 3,976 3,633 6 % (1) % 11,148 10,643 5 %
Chrome 000 t 235 203 181 192 287 (18) % 16 % 618 701 (12) %
Toll refined production
Total 4E toll refined production 000 oz 151.3 143.4 154.8 179.5 164.6 (8) % 6 % 449.5 494.2 (9) %
Platinum 000 oz 89.5 85.9 91.2 106.8 98.3 (9) % 4 % 266.6 296.5 (10) %
Palladium 000 oz 46.9 44.2 46.6 55.2 50.9 (8) % 6 % 137.7 150.7 (9) %
PGM Sales volume from production
PGM ounces 000 oz 933.5 1,206.2 838.2 1,285.2 1,361.0 (31) % (23) % 2,977.9 3,929.2 (24) %
Platinum 000 oz 414.6 600.9 333.3 632.9 637.2 (35) % (31) % 1,348.8 1,734.4 (22) %
Palladium 000 oz 302.0 388.8 235.8 395.1 465.1 (35) % (22) % 926.6 1,194.4 (22) %
Trading sales volume5
PGM ounces 000 oz 403.4 256.0 400.9 272.8 160.2 152 % 58 % 1,060.3 497.7 113 %
Platinum 000 oz 281.2 108.9 231.2 175.3 96.1 193 % 158 % 621.3 234.0 166 %
Palladium 000 oz 115.5 138.8 147.0 84.8 57.8 100 % (17) % 401.3 233.5 72 %
Realised prices and exchange rate
Platinum (US$/oz) 877 946 998 986 1,031 (15) % (7) % 937 1,119 (16) %
Palladium (US$/oz) 2,024 2,178 2,097 1,971 2,519 (20) % (7) % 2,107 2,594 (19) %
Rhodium (US$/oz) 14,215 17,110 17,161 13,788 18,346 (23) % (17) % 16,139 22,003 (27) %
Iridium (US$/oz) 3,885 4,677 3,874 3,792 4,889 (21) % (17) % 4,057 5,227 (22) %
Ruthenium (US$/oz) 485 573 476 530 652 (26) % (15) % 506 417 21 %
Gold (US$/oz) 1,702 1,858 1,873 1,791 1,780 (4) % (8) % 1,809 1,786 1 %
Average FX achieved on sales ZAR/US$ 17.15 15.58 15.16 15.43 14.67 17 % 10 % 15.91 14.50 10 %
US$ basket price per PGM ounce (US$/oz) 2,531 2,661 2,685 2,434 2,838 (11) % (5) % 2,627 2,868 (8) %
ZAR basket price per PGM ounce (ZAR/oz) 43,426 41,601 40,458 37,500 41,675 4 % 4 % 41,851 41,495 1 %
US$ basket price per Platinum ounce (US$/oz) 5,699 5,342 6,753 4,943 6,062 (6) % 7 % 5,800 6,497 (11) %
ZAR basket price per Platinum ounce (ZAR/oz) 97,780 83,510 101,752 76,152 89,011 10 % 17 % 92,404 94,006 (2) %
4
The tragic fatality of Mr Julian Sesinyi was retrospectively recorded on the date of his accident which was on 23 November 2021.
5
Trading sales volume - not produced by Anglo American Platinum operations.
Sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
For further information, please contact:
Investors: Media:
Emma Chapman Nomonde Ndwalaza
(SA) +27 (0) 11 373 6239 (SA) +27 (0) 11 638 0228
emma.chapman@angloamerican.com nomonde.ndwalaza@angloamerican.com
Notes to editors:
Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum
group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations
are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine and smelter in Zimbabwe. Anglo American
Platinum has two joint operations with several historically disadvantaged South African consortia as part of its commitment to
the transformation of the mining industry. Anglo American Platinum is committed to the highest standards of safety and
continues to make a meaningful and sustainable difference in the development of the communities around its operations.
www.angloamericanplatinum.com
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 operations, with a broad range of future development options, provides
many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing
every day demands of billions of consumers. With our people at the heart of our business, we use innovative practices and the
latest technologies to discover new resources and to mine, process, move and market our products to our customers – safely
and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and
steelmaking coal, and nickel – with crop nutrients in development – we are committed to being carbon neutral across our
operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work
towards a healthy environment, creating thriving communities and building trust as a corporate leader. We work together with
our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the
communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining
mining to improve people’s lives.
www.angloamerican.com
Date: 27-10-2022 08:00:00
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