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KIO - Kumba Iron Ore Limited - Kumba Iron Ore Limited inaugural review and

Release Date: 29/04/2008 08:02
Code(s): KIO
Wrap Text

KIO - Kumba Iron Ore Limited - Kumba Iron Ore Limited inaugural review and production report for the quarter ended 31 March 2008 Kumba Iron Ore Limited A member of the Anglo American plc group (Incorporated in the Republic of South Africa) (Registration number 2005/015852/06) JSE Share code: KIO ISIN: ZAE000085346 ("Kumba") KUMBA IRON ORE LIMITED INAUGURAL REVIEW AND PRODUCTION REPORT FOR THE QUARTER ENDED 31 MARCH 2008 Kumba Iron Ore Limited (Kumba) today released its production report for the quarter ended 31 March 2008. Throughout this report, production volumes refer to 100%. FIRST QUARTER OVERVIEW Strong quarterly production underpinned by strong demand. Production from the Sishen Expansion Project jig plants continues to ramp up. Interim results for the half year to 30 June are due to be announced on 24 July 2008. PRODUCTION REPORT Kumba - production summary `000 tonnes Quarter ended % change Mar Mar Mar Q08 2008 2007 vs
Mar Q07 Iron Ore 8,190 7,638 7.2% - Lump 4,888 4,495 8.7% - Fines 3,302 3,143 5.1% Kumba - mine production `000 tonnes Quarter ended % change Mar Mar Mar Q08 2008 2007 vs
Mar Q07 Sishen Mine 7 541 6 943 8.6% Thabazimbi Mine 649 695 (6.6)% Total 8 190 7 638 7.2% Iron ore production is presented on a wet tonnes basis. Total iron ore production increased 7.2% in the first quarter from a year earlier to 8,19 million metric tonnes. This was due mainly to the additional production delivered by the Sishen Expansion Project jig plant and stable performance from DMS plant at Sishen Mine and Thabazimbi Mine. PROJECT PIPELINE Project Completion Capital Production Quarterly date expenditure Volume progress
(R billion) Jig plant 2009 5.1 13.0 Mtpa Ramp up of (Sishen production Expansion commenced 4th Project) quarter 2007. The 7th and 8th jig modules to be
commissioned in the 3rd quarter 2008. Full
production anticipated in 2009. Capital expenditure on
budget. Further information on Kumba can be found on its Internet site: www.kumba.com 29 April 2008 Date: 29/04/2008 08:02:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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