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KUMBA IRON ORE LIMITED - Kumba Iron Ore Limited production and sales report for the quarter ended 31 March 2013

Release Date: 19/04/2013 08:00
Code(s): KIO     PDF:  
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Kumba Iron Ore Limited production and sales report for the quarter ended 31 March 2013

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 Iron Ore Limited production and sales report for the quarter ended 31 March 2013

Kumba Iron Ore Limited (“Kumba”) today released its production and sales report for the quarter ended 31
March 2013. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore
Company Proprietary Limited (“SIOC”), and attributable to shareholders of Kumba as well as the non-
controlling interests in SIOC.

Overview:

-     Total production of 10.3 Mt represented increases of 2% year on year and 15% quarter on quarter
      mainly due to continued improvement in production rates at Sishen mine (quarter on quarter), together
      with the exceptional performance of Kolomela mine.
-     Total export sales volumes were 9.9 Mt for the quarter, a decrease of 2% year on year and an increase
      of 11% quarter on quarter.

     Production summary
                                     Quarter               %            Quarter
                                     ended              change          ended        % change
    ‘000 tonnes                                         Mar Q13                      Mar Q13
                             Mar            Mar                         Dec
                                                           vs                           vs
                             2013          2012                         2012
                                                        Mar Q12                      Dec Q12
    Total                  10,335         10,106             2         9,013            15
    - Sishen mine           7,552          8,455          (11)         6,038            25
       DMS plant            4,888          5,777          (15)         3,976            23
       Jig plant            2,664          2,678            (1)        2,062            29
    - Kolomela mine         2,680          1,513           77          2,793            (4)
    - Thabazimbi mine         103            138          (25)           182           (43)

     Sales summary
                                     Quarter              %            Quarter
                                     ended              change         ended         % change
     ‘000 tonnes                                        Mar Q13                      Mar Q13
                              Mar           Mar                           Dec
                                                          vs                           vs
                              2013         2012                          2012
                                                        Mar Q12                      Dec Q12
    Total                   10,827        11,441          (5)           9,813           10
     - Export sales          9,945        10,121          (2)           8,980           11
    - Domestic sales           882         1,320         (33)             833            6
        Sishen mine            751         1,021         (26)             581           29
        Thabazimbi mine        131           299         (56)             252          (48)

Sishen mine’s production decreased by 11% year on year, but increased by 25% quarter on quarter to 7.6
Mt, as production rates at Sishen mine continued to improve, following the unprotected strike in the fourth
quarter of 2012.



Kolomela mine, which is on track to produce at annual design capacity of 9Mt per annum in 2013, produced
2.7 Mt for the quarter, an increase of 77% year on year and a decrease of 4% quarter on quarter.

Production at Thabazimbi mine decreased by 25% year on year and by 43% quarter on quarter to 0.1 Mt, in
line with ArcelorMittal South Africa Limited’s (“AMSA”) requirements, while pit complexities and geotechnical
challenges continue as the mine nears the end of its life.
Total export sales volumes of 9.9 Mt were mostly in line with 2012 levels with a decrease of 2% year on year,
but increased by 11% quarter on quarter mainly due to the impact of the unprotected strike at Sishen mine in
the fourth quarter of 2012.

Domestic sales volumes decreased by 33% year on year due to reduced off-take by AMSA, but increased by
6% quarter on quarter to 0.9 Mt.

Total finished product stockpile levels amounted to 3.3 Mt as at 31 March 2013.


For further information, please contact:

Esha Mansingh
Investor Relations
Tel: +27 (0)12 683 7257 / +27 (0) 83 488 9427
Email: esha.mansingh@angloamerican.com

Centurion
19 April 2013

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

Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of
high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen mine and
its new Kolomela mine in the Northern Cape Province, and at Thabazimbi mine in the Limpopo Province.
Kolomela mine is on track to produce at annual design capacity of 9Mtpa in 2013. Kumba exports iron ore to
customers in a range of geographical locations around the globe including China, Japan, Korea and a
number of countries in Europe and the Middle East.
www.angloamericankumba.com

Anglo American plc is one of the world’s largest mining companies, is headquartered in the UK and listed
on the London and Johannesburg stock exchanges. Anglo American’s portfolio of mining businesses spans
bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals – copper and
nickel; and precious metals and minerals – in which it is a global leader in both platinum and
diamonds. Anglo American is committed to the highest standards of safety and responsibility across all its
businesses and geographies and to making a sustainable difference in the development of the communities
around its operations. The company’s mining operations, extensive pipeline of growth projects and
exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.
www.angloamerican.com

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