ANGLO AMERICAN PLC - Anglo American secures Step 3 licence approval for Minas-Rio

Anglo American secures Step 3 licence approval for Minas-Rio

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

24 December 2018

Anglo American secures Step 3 licence approval for Minas-Rio

Anglo American plc (“Anglo American”) announces the receipt of regulatory approval relating to
the Step 3 licence area of the Minas-Rio operation in Brazil. Access to the Step 3 area provides
greater operational flexibility and access to higher grade iron ore to support the increase of
production of the operation towards its full design capacity of 26.5 million tonnes per year.

As a result of this important regulatory approval, production guidance for 2019 is increased to
18-20 million tonnes (wet basis), from the previous guidance of 16-19 million tonnes (wet basis).
Unit cost guidance for Minas-Rio is lowered to $28-31 per tonne (FOB, wet basis), from the
previous guidance of $30-33 per tonne. Updated production guidance for 2020 and 2021 will be
provided in due course.

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

 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

 Ann Farndell
 ann.farndell@angloamerican.com
 Tel: +27 (0)11 638 2786


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)

Notes to editors:
Anglo American is a global diversified mining business 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 to meet the 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.

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

Legal Entity Identifier: 549300S9XF92D1X8ME43

Forward-looking statements

This announcement includes forward-looking statements. All statements other than statements
of historical facts included in this announcement, including, without limitation, those regarding
Anglo American’s financial position, business, acquisition and divestment strategy, dividend
policy, plans and objectives of management for future operations (including development plans
and objectives relating to Anglo American’s products, production forecasts and reserves and
resources positions), are forward-looking statements. By their nature, such forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of Anglo American, or industry results, to be
materially different from any future results, performance or achievements expressed or implied
by such forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding Anglo
American’s present and future business strategies and the environment in which Anglo American
will operate in the future. Important factors that could cause Anglo American’s actual results,
performance or achievements to differ materially from those in the forward-looking statements
include, among others, levels of actual production during any period, levels of global demand and
commodity market prices, mineral resource exploration and development capabilities, recovery
rates and other operational capabilities, the availability of mining and processing equipment, the
ability to produce and transport products profitably, the availability of transportation infrastructure,
the impact of foreign currency exchange rates on market prices and operating costs, the
availability of sufficient credit, the effects of inflation, political uncertainty and economic conditions
in relevant areas of the world, the actions of competitors, activities by governmental authorities
such as permitting and changes in taxation or safety, health, environmental or other types of
regulation in the countries where Anglo American operates, conflicts over land and resource
ownership rights and such other risk factors identified in Anglo American’s most recent Annual
Report. Forward-looking statements should, therefore, be construed in light of such risk factors
and undue reliance should not be placed on forward-looking statements. These forward-looking
statements speak only as of the date of this announcement. Anglo American expressly disclaims
any obligation or undertaking (except as required by applicable law, the City Code on Takeovers
and Mergers (the “Takeover Code”), the UK Listing Rules, the Disclosure and Transparency
Rules of the Financial Conduct Authority, the Listings Requirements of the securities exchange
of the JSE Limited in South Africa, the SIX Swiss Exchange, the Botswana Stock Exchange and
the Namibian Stock Exchange and any other applicable regulations) to release publicly any
updates or revisions to any forward-looking statement contained herein to reflect any change in
Anglo American’s expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based.

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