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ANGLO AMERICAN PLC - Anglo American delivers first metallurgical coal from Grosvenor project

Release Date: 12/05/2016 09:00
Code(s): AGL     PDF:  
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Anglo American delivers first metallurgical coal from Grosvenor project

Anglo American plc
(Incorporated in England and Wales)
(Registration number: 3564138)
Registered office: 20 Carlton House Terrace, London, SW1Y 5AN
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

Anglo American delivers first metallurgical coal from Grosvenor project

Anglo American announces the commissioning of its Grosvenor metallurgical coal longwall
operation in the Bowen Basin of Queensland, Australia. The Grosvenor project, which was
approved for development at the end of 2011, has delivered its first coal from its underground
longwall seven months ahead of schedule and more than US$100 million below budget.

Anglo American expects Grosvenor to produce 3.2 million saleable tonnes in 2016. At full
capacity, the Grosvenor longwall is capable of producing 7.5 million saleable tonnes per year.
When fully ramped up, Grosvenor is expected to operate at an all in sustaining unit cost of
A$110 per tonne (approximately US$82 per tonne at the current exchange rate).

Seamus French, CEO of Bulk Commodities for Anglo American, said: “We have delivered the
Grosvenor metallurgical coal project ahead of schedule and below budget, with an outstanding
safety record and in line with our environmental obligations. The Grosvenor mine project has
taken more than seven million man hours to construct, with almost 6,000 personnel inducted
onto the project.

“We began the installation of the longwall just 24 days before its first shear and production of
coal – a truly remarkable feat and a result of the team’s technical expertise and the modular
approach we have taken to our underground longwall operations in Australia. We look forward
to shipping the mine’s high quality product to our steel customers across Asia as production
begins to ramp up in the months ahead. While Grosvenor may not fit Anglo American’s
strategic portfolio choices, its long term commercial attractiveness is beyond question.”

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                                                                       Ed Kite
marcelo.esquivel@angloamerican.com                                                     edward.kite@angloamerican.com
Tel: +44 (0)20 7968 8891                                                               Tel: +44 (0)20 7968 2178

South Africa                                                                           Sheena Jethwa
Pranill Ramchander                                                                     sheena.jethwa@angloamerican.com
pranill.ramchander@angloamerican.com                                                   Tel: +44 (0)20 7968 8680
Tel: +27 (0)11 638 2592

Australia
Madeline Cooper
madeline.cooper@angloamerican.com
Tel: +61 (0) 429 055 763

Notes to editors:

Anglo American is a globally diversified mining business. Our portfolio of world-class
competitive mining operations and undeveloped resources provides the raw materials to meet
the growing consumer-driven demands of the world’s developed and maturing economies. Our
people are at the heart of our business. It is our people who use the latest technologies to find
new resources, plan and build our mines and who mine, process and move and market our
products – from diamonds (through De Beers) to platinum and other precious metals and
copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together
with our key partners and stakeholders to unlock the long-term value that those resources
represent for our shareholders, but also for the communities and countries in which we operate
– creating sustainable value and making a real difference.

www.angloamerican.com

12 May 2016

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

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