Wrap Text
PGMs Production Report for the second quarter ending 30 June 2021
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")
20 July 2021
Anglo American Platinum Limited
PGMs Production Report for the second quarter ending 30 June 2021
Overview – Q2 2021 performance against prior period Q2 2020
– Safety performance – no fatal incidents in H1.
– Total PGMs production (expressed as 5E+Au metal-in-concentrate) increased by 59% (vs. Q2 2020) to 1,057,900
ounces, due to a strong recovery in production despite the ongoing effect of the Covid-19 pandemic.
– Own-managed mines PGMs production increased by 59% to 601,500 ounces, due to a strong recovery in
production from all operations compared to the prior period, which was materially impacted by national lockdowns
to curb the spread of Covid-19.
– Refined PGMs production (owned production, excluding tolling) increased by 233% to 1,353,700 ounces, due to
operational stability following the rebuild and recommissioning of the ACP in November 2020, which performed
ahead of plan.
– PGMs sales volumes (from production, excluding sales from trading) increased by 162% to 1,437,100 ounces in
line with the increase in refined production, and supplemented by a drawdown from refined inventory, following
robust demand.
– Full year guidance for M&C PGM production is tightened to between 4.2 - 4.4 million ounces, as a result of the
lower third-party concentrate receipts and the continuing impact of Covid-19 on operations, while refined PGM
production is revised up due to proven operational stability, to between 4.8 - 5.0 million ounces.
Natascha Viljoen, CEO of Anglo American Platinum, said:
“We have delivered a strong recovery in mined and refined production, though our operations continue to face ongoing
constraints due to the Covid-19 pandemic as we strive to help keep our people and communities safe. Although we
had no work-related fatalities in the first half of the year, we are disappointed with an increase in injuries and plans are
in place to continue safety improvements and ensure a sustained turnaround.
“PGMs production increased by 59% compared to Q2 2020, with a solid performance from own-managed operations.
Our refined production increased by 233%, as processing operations proved their operational stability following the
rebuild and recommissioning of the ACP in November 2020. Sales volumes increased by 162% due to the increase in
refined production and was supplemented by the drawdown of platinum and palladium from refined inventory, as we
saw robust demand for these metals. We have tightened our M&C production guidance to between 4.2–4.4 million
PGM ounces due to lower third-party concentrate receipts and the ongoing impact of Covid-19 on production.
However, due to the proven operational stability of our processing operations, we have revised our refined production
guidance up, to between 4.8–5.0 million PGM ounces.
While our operations have not been directly affected by the recent unrest in South Africa, we have stringent risk
management procedures incorporated into our response plans. Risks to our supply chain are being monitored and we
continue to work on ways to support our communities that may feel the knock-on impacts of the disruptions caused
by the unrest.”
Anglo American Platinum Q2 2021 Q2 2021 H1 2021
PGM Production Report - Q2 2021 Q2 Q1 Q4 Q3 Q2 vs vs H1 H1 vs
1 April 2021 - 30 June 2021 2021 2021 2020 2020 2020 Q2 2020 Q1 2021 2021 2020 H1 2020
M&C PGM¹ production (000 ounce)² 1,057.9 1,021.2 1,076.1 1,112.9 665.1 59 % 4 % 2,079.1 1,619.9 28 %
Own-managed mines 601.5 594.4 617.8 652.0 379.4 59 % 1 % 1,196.1 939.5 27 %
Joint operations owned volume 107.8 100.3 99.0 95.3 50.8 112 % 7% 208.1 145.2 43 %
Joint operations purchase of concentrate 107.8 100.3 99.0 95.3 50.8 112 % 7% 208.1 145.2 43 %
Third party purchase of concentrate 240.9 226.0 260.2 270.2 184.1 31 % 7% 466.9 390.0 20 %
Refined PGM production owned (000 ounce)² 1,353.7 973.0 673.1 1,020.7 407.0 233 % 39 % 2,326.7 1,019.3 128 %
4E Toll refined production 153.8 175.9 146.5 129.4 96.0 60 % (13)% 329.7 227.6 45 %
Total refined production (owned and toll) 1,507.5 1,148.9 819.7 1,150.0 503.0 200 % 31 % 2,656.4 1,246.9 113 %
PGM sales volume from production (000 ounce) 1,437.1 1,131.1 754.3 884.9 548.0 162 % 27 % 2,568.2 1,229.3 109 %
Trading sales volume3 116.1 221.5 370.8 341.0 210.5 (45)% (48)% 337.6 459.2 (26)%
Total sales volume (production and trading) 1,553.2 1,352.6 1,125.1 1,225.9 758.5 105 % 15 % 2,905.8 1,688.5 72 %
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
Anglo American Platinum reported no fatalities during the first half at its own-managed operations or at its non-managed
joint operations.
The Total Recordable Case Frequency Rate (“TRCFR”) per million hours at managed operations disappointingly
regressed to 2.93 per million hours, compared to 1.71 per million hours in the prior period. The disruption caused by
Covid-19 has undoubtedly had an effect. Increasing infection rates towards the end of the quarter from the third wave
in South Africa have been significant within our mining and front-line supervisory employees, leading to greater levels
of absenteeism and is impacting planning. These challenges are reassessed on an ongoing basis and plans adjusted
to remain effective to ensure a sustained turnaround in safety and production performance.
Total PGM production
Total PGM production increased by 59% to 1,057,900 ounces (against prior period Q2 2020), with platinum production
59% higher at 488,300 ounces, and palladium production increasing by 46% to 334,400 ounces. The improved
performance was due to a strong recovery from the prior period which was materially impacted by Covid-19. The
Covid-19 pandemic continues to have an impact on working conditions, but strict protocols have been maintained,
limiting Covid-19 impacts in the period to 7,200 PGM lost ounces, compared to the prior period where Covid-19
impacted production by 521,600 PGM lost ounces.
PGM production from own-managed mines
Total PGM production from own-managed mines increased by 59% to 601,500 ounces (platinum production increased
by 65% to 274,500 ounces, while palladium production rose by 40% to 221,700 ounces).
Mogalakwena had a solid operating performance, with PGM production increasing by 11% to 308,400 ounces (platinum
increased by 12% to 131,000 ounces and palladium production increased by 11% to 142,900 ounces), owing to higher
concentrator throughput, and no Covid-19 impact on production.
Amandelbult had a strong recovery, with PGM production increasing by 270% to 185,300 ounces (platinum increased
by 273% to 94,400 ounces and palladium production increased by 267%, to 42,900 ounces). Despite the recovery in
production, Amandelbult does continue to be impacted by higher numbers of positive Covid-19 infections, and therefore
increased absenteeism as employees recover.
Mototolo PGM production increased by 194% to 59,900 ounces (platinum production increased by 191% to 27,600
ounces and palladium increased by 197% to 17,200 ounces). The increase was mainly due to the impact of Covid-19
on production in the prior period. Production was also partially offset by concentrator maintenance required to integrate
new infrastructure as part of the debottlenecking project that was completed at the end of Q1 2021.
Unki PGM production increased by 53% to 47,900 ounces (platinum production increased by 55% to 21,500 ounces
and palladium production increased by 55% to 18,700 ounces), owing to higher concentrator throughput and recovery,
with no Covid-19 impact on production.
PGM production from joint operations (50% own-mined production and 50% purchase of concentrate)
PGM production from Joint operations increased by 112% to 215,600 ounces (platinum production increased by 114%
to 97,000 ounces and palladium production increased by 113% to 63,000 ounces). The increase was mainly due to the
impact of Covid-19 on production in the prior period.
Kroondal PGM production increased by 110% to 146,800 ounces (platinum and palladium production increased by
77% to 70,000 ounces and 37,200 ounces respectively).
Modikwa PGM production increased by 116% to 68,600 ounces (platinum production increased by 118% to 27,000
ounces and palladium production increased 115% to 25,800 ounces respectively).
Purchases of PGM concentrate from third parties
Purchase of PGM concentrate (POC) from third parties increased by 31% to 240,900 ounces (platinum POC increased
by 22% to 116,800 ounces and palladium POC increased by 24% to 49,700 ounces). The increase was mainly due to
the impact of Covid-19 on production in the prior period.
Refined PGM production
Refined PGM production (from owned production, excluding tolling) increased by 233% to 1,353,700 ounces. Refined
platinum production increased by 290% to 625,800 ounces and refined palladium production increased by 190% to
427,500 ounces, with the ratio of metal in the pipeline returning to more normal ratios. The strong performance reflected
the operational stability in the ACP, following the completion of the rebuild and recommissioning of the Phase A unit in
November 2020. The ACP continued to perform ahead of plan and was able to smelt more tonnes from the Polokwane
smelter.
The ACP Phase B rebuild is on schedule for completion in H2 2021, subject to any further Covid-19 impacts. The
Phase B unit will only be switched over from the Phase A unit and recommissioned into production in Q1 2022, in line
with scheduled maintenance.
Toll refined PGM production increased by 60% to 153,800 PGM ounces.
PGM sales volumes
PGM sales volumes (excluding trading) increased by 162% to 1,437,100 ounces, as a result of higher refined
production, supplemented by a drawdown in platinum and palladium from refined inventory due to strong demand for
the metals. Platinum sales volumes increased by 239% to 662,500 ounces and palladium sales volumes increased by
187% to 462,100 ounces.
PGM sales volumes from trading decreased 45% to 116,100 ounces, as trading activity normalised. Sales from trading
activity were abnormally high in Q2 2020 to manage supply of metal to customers, following the impact of Covid-19 on
production and the temporary closure of the ACP.
The Q2 2021 average realised basket price of $3,407 per PGM ounce reflects strong prices, particularly for rhodium,
iridium, and ruthenium.
Full-year guidance
PGM production guidance (metal-in-concentrate) is tightened from 4.2-4.6 million PGM ounces, to between
4.2 - 4.4 million PGM ounces, due to lower third-party receipts and the continuing impact of rising Covid-19 infection
rates on production.
Refined PGM production (excluding tolling) guidance has been tightened from 4.6–5.0 million PGM ounces, to between
4.8 - 5.0 million PGM ounces as a result of proven operational stability in the processing assets. However, refined
production is subject to rising infection rates from Covid-19, as well as potential Eskom power disruptions in the second
half of the year.
Anglo American Platinum Q2 2021 Q2 2021 H1 2021
PGM Production Report - Q2 2021 Q2 Q1 Q4 Q3 Q2 vs vs H1 H1 vs
1 April 2021 - 30 June 2021 2021 2021 2020 2020 2020 Q2 2020 Q1 2021 2021 2020 H1 2020
Safety
Fatalities - own managed operations number 0 0 0 1 0 0 0
Total recordable injury frequency rate /million hrs 2.93 2.53 2.25 2.97 1.71 71 % 16 % 2.73 2.15 27 %
Total M&C PGM production 000 oz 1,057.9 1,021.2 1,076.1 1,112.9 665.1 59 % 4 % 2,079.1 1,619.9 28 %
Platinum 000 oz 488.3 468.0 497.8 516.5 307.4 59 % 4% 956.4 748.5 28 %
Palladium 000 oz 334.4 330.5 338.4 352.2 228.3 46 % 1% 665.0 531.4 25 %
Tonnes milled 000 7,169.5 6,707.0 6,736.4 6,951.6 4,665.4 54 % 7 % 13,876.5 11,163.5 24 %
4E Built-up head grade g/t 3.48 3.54 3.67 3.65 3.44 1 % (2)% 3.51 3.44 2 %
Own mined volume
Total mined production
Total M&C PGM production 000 oz 709.3 694.7 716.8 747.3 430.2 65 % 2 % 1,404.1 1,084.7 29 %
Platinum 000 oz 323.0 312.3 324.7 337.8 188.7 71 % 3% 635.4 488.2 30 %
Palladium 000 oz 253.2 254.3 256.0 266.8 173.3 46 % —% 507.6 406.2 25 %
Tonnes milled 000 7,169.5 6,707.0 6,736.3 6,951.5 4,665.5 54 % 7 % 13,876.6 11,163.4 24 %
4E Built-up head grade g/t 3.48 3.54 3.67 3.65 3.44 1 % (2)% 3.51 3.44 2 %
Own managed mines
Total M&C PGM production 000 oz 601.5 594.4 617.8 652.0 379.4 59 % 1 % 1,196.1 939.5 27 %
Platinum 000 oz 274.5 267.5 279.6 295.1 166.0 65 % 3% 542.0 423.5 28 %
Palladium 000 oz 221.7 224.4 227.9 238.6 158.5 40 % (1)% 446.1 363.0 23 %
Tonnes milled 000 6,262.6 5,894.6 5,928.8 6,189.9 4,264.4 47 % 6 % 12,157.3 9,972.7 22 %
4E Built-up head grade g/t 3.47 3.52 3.67 3.64 3.41 2 % (2)% 3.49 3.39 3 %
Mogalakwena mine
Total M&C PGM production 000 oz 308.4 328.9 306.7 315.0 277.6 11 % (6)% 637.4 559.9 14 %
Platinum 000 oz 131.0 138.0 129.5 132.0 117.3 12 % (5)% 269.0 239.2 12 %
Palladium 000 oz 142.9 152.0 141.7 146.0 128.9 11 % (6)% 294.9 257.5 15 %
Tonnes milled 000 3,676.7 3,553.0 3,367.2 3,612.9 3,301.2 11 % 3% 7,229.7 6,551.0 10 %
4E Built-up head grade g/t 3.26 3.39 3.46 3.31 3.31 (1) % (4)% 3.33 3.24 2 %
Amandelbult mine
Total M&C PGM production 000 oz 185.3 156.0 185.5 204.8 50.1 270 % 19 % 341.3 217.8 57 %
Platinum 000 oz 94.4 79.9 93.4 102.8 25.3 273 % 18 % 174.3 110.9 57 %
Palladium 000 oz 42.9 35.6 44.0 48.3 11.7 267 % 21 % 78.5 50.8 55 %
Tonnes milled 000 1,455.1 1,243.1 1,365.0 1,404.8 380.1 283 % 17 % 2,698.2 1,746.1 55 %
4E Built-up head grade g/t 4.13 4.04 4.31 4.59 4.25 (3) % 2% 4.09 3.96 3 %
Unki mine
Total M&C PGM production 000 oz 47.9 50.9 55.8 60.0 31.3 53 % (6)% 98.9 80.3 23 %
Platinum 000 oz 21.5 22.6 24.6 27.0 13.9 55 % (5)% 44.1 35.7 24 %
Palladium 000 oz 18.7 20.0 22.0 23.6 12.1 55 % (7)% 38.7 31.7 22 %
Tonnes milled 000 502.2 521.3 550.4 515.4 377.5 33 % (4)% 1,023.6 893.8 15 %
4E Built-up head grade g/t 3.45 3.52 3.62 3.65 3.64 (5) % (2)% 3.48 3.51 (1) %
Mototolo mine
Total M&C PGM production 000 oz 59.9 58.6 69.8 72.2 20.4 194 % 2% 118.5 81.5 45 %
Platinum 000 oz 27.6 27.0 32.1 33.3 9.5 191 % 2% 54.6 37.7 45 %
Palladium 000 oz 17.2 16.8 20.2 20.7 5.8 197 % 2% 34.0 23.0 48 %
Tonnes milled 000 628.6 577.2 646.2 656.8 205.6 206 % 9% 1,205.8 781.8 54 %
4E Built-up head grade g/t 3.13 3.20 3.40 3.41 3.13 — % (2)% 3.16 3.23 (2) %
Joint operations mined production
Total M&C PGM production 000 oz 107.8 100.3 99.0 95.3 50.8 112 % 7% 208.1 145.2 43 %
Platinum 000 oz 48.5 44.8 45.1 42.7 22.7 114 % 8% 93.4 64.7 44 %
Palladium 000 oz 31.5 29.9 28.1 28.2 14.8 113 % 5% 61.5 43.2 42 %
Tonnes milled 000 906.9 812.4 807.5 761.6 401.1 126 % 12 % 1,719.3 1,190.7 44 %
4E Built-up head grade g/t 3.60 3.70 3.67 3.75 3.70 (2) % (3)% 3.65 3.81 (4) %
Modikwa mine
Total M&C PGM production 000 oz 34.3 35.9 24.9 30.7 15.9 116 % (4)% 70.2 51.8 36 %
Platinum 000 oz 13.5 14.0 9.8 12.0 6.2 118 % (4)% 27.6 20.3 36 %
Palladium 000 oz 12.9 13.5 9.3 11.6 6.0 115 % (4)% 26.5 19.6 35 %
Tonnes milled 000 285.7 287.5 204.4 246.9 129.7 120 % (1)% 573.2 379.8 51 %
4E Built-up head grade g/t 3.76 3.89 3.78 3.84 3.83 (2) % (4)% 3.82 4.11 (7) %
Kroondal mine
Total M&C PGM production 000 oz 73.4 64.4 74.1 64.6 34.9 110 % 14 % 137.9 93.4 48 %
Platinum 000 oz 35.0 30.8 35.3 30.6 19.8 77 % 14 % 65.8 44.4 48 %
Palladium 000 oz 18.6 16.3 18.9 16.6 10.5 77 % 14 % 35.0 23.7 48 %
Tonnes milled 000 621.2 524.9 603.2 514.8 271.3 129 % 18 % 1,146.1 811.0 41 %
4E Built-up head grade g/t 3.54 3.60 3.63 3.70 3.63 (3) % (2)% 3.56 3.66 (3) %
Anglo American Platinum Q2 2021 Q2 2021 H1 2021
PGM Production Report - Q2 2021 Q2 Q1 Q4 Q3 Q2 vs vs H1 H1 vs
1 April 2021 - 30 June 2021 2021 2021 2020 2020 2020 Q2 2020 Q1 2021 2021 2020 H1 2020
Purchase of concentrate
Total purchase of concentrate
PGM production 000 oz 348.7 326.3 359.2 365.5 234.9 48 % 7% 675.0 535.2 26 %
Platinum 000 oz 165.3 155.7 173.1 178.7 118.7 39 % 6% 321.0 260.3 23 %
Palladium 000 oz 81.2 76.2 82.4 85.4 55.0 48 % 7% 157.4 125.2 26 %
Joint operations purchase of
concentrate
PGM production 000 oz 107.8 100.3 99.0 95.3 50.8 112 % 7% 208.1 145.2 43 %
Platinum 000 oz 48.5 44.8 45.1 42.7 22.7 114 % 8% 93.3 64.7 44 %
Palladium 000 oz 31.5 29.9 28.1 28.2 14.8 113 % 5% 61.4 43.2 42 %
Third party purchase of concentrate
PGM production 000 oz 240.9 226.0 260.2 270.2 184.1 31 % 7% 466.9 390.0 20 %
Platinum 000 oz 116.8 110.9 128.0 136.0 96.0 22 % 5% 227.7 195.6 16 %
Palladium 000 oz 49.7 46.3 54.3 57.2 40.2 24 % 7% 96.0 82.0 17 %
Refined PGM production - owned
PGM ounces 000 oz 1,353.7 973.0 673.1 1,020.7 407.0 233 % 39 % 2,326.7 1,019.3 128 %
Platinum 000 oz 625.8 457.8 296.4 503.8 160.6 290 % 37 % 1,083.5 400.9 170 %
Palladium 000 oz 427.5 317.0 206.8 354.1 147.4 190 % 35 % 744.5 344.5 116 %
Rhodium 000 oz 94.2 63.0 47.1 48.9 30.6 208 % 50 % 157.3 78.0 102 %
Minor PGMs and gold 000 oz 206.2 135.2 122.9 113.9 68.4 201 % 53 % 341.4 196.0 74 %
Base metal production - owned
Nickel tonnes 5,837.6 4,848.0 3,709.4 5,038.7 1,997.0 192 % 20 % 10,685.6 5,126.0 108 %
Copper tonnes 3,338.0 3,672.6 2,974.2 2,838.1 1,532.6 118 % (9) % 7,010.6 4,547.0 54 %
Chrome 000 t 225.3 188.4 229.1 295.8 64.6 249 % 20 % 413.7 260.9 59 %
Toll refined production
Total 4E toll refined production 000 oz 153.8 175.9 146.5 129.4 96.0 60 % (13)% 329.7 227.6 45 %
Platinum 000 oz 92.5 105.7 89.2 75.7 58.4 58 % (13)% 198.2 137.0 45 %
Palladium 000 oz 46.4 53.4 46.3 35.5 30.0 55 % (13)% 99.8 70.4 42 %
PGM Sales volume from production
PGM ounces 000 oz 1,437.1 1,131.1 754.3 884.9 548.0 162 % 27 % 2,568.2 1,229.3 109 %
Platinum 000 oz 662.5 434.7 311.2 448.5 195.7 239 % 52 % 1,097.2 435.6 152 %
Palladium 000 oz 462.1 267.2 258.2 261.7 160.9 187 % 73 % 729.3 383.4 90 %
Trading sales volume5
PGM ounces 000 oz 116.1 221.5 370.8 341.0 210.5 (45)% (48)% 337.6 459.2 (26)%
Platinum 000 oz 36.0 101.9 176.3 105.0 84.2 (57)% (65)% 137.9 146.3 (6) %
Palladium 000 oz 74.4 101.3 172.8 214.6 123.1 (40)% (27)% 175.7 292.3 (40)%
Realised prices and exchange rate
Platinum (US$/oz) 1,189 1,142 862 900 798 49 % 4% 1,170 873 34 %
Palladium (US$/oz) 2,767 2,424 2,341 2,160 2,120 31 % 14 % 2,641 2,165 22 %
Rhodium (US$/oz) 26,758 20,224 14,430 9,851 8,947 199 % 32 % 24,377 8,804 177 %
Iridium (US$/oz) 5,966 4,465 1,751 1,634 1,586 276 % 34 % 5,398 1,525 254 %
Ruthenium (US$/oz) 519 292 246 246 250 108 % 78 % 366 241 52 %
Gold (US$/oz) 1,821 1,737 1,855 1,897 1,726 5% 5% 1,792 1,639 9%
Average FX achieved on sales ZAR/US$ 14.09 14.96 15.80 16.84 18.08 (22)% (6) % 14.41 16.44 (12)%
US$ realised basket price (/PGM 3,407 2,219 2,503 1,747 1,757 94 % 54 % 2,884 1,956 47 %
ZAR realised basket price oz)
(/PGM 47,865 33,184 39,569 29,595 31,765 51 % 44 % 41,400 32,166 29 %
US$ realised basket price oz)
(/Pt oz) 7,390 5,774 6,067 3,447 4,920 50 % 28 % 6,750 5,520 22 %
ZAR realised basket price (/Pt oz) 103,837 86,348 95,917 58,388 88,937 17 % 20 % 96,908 90,776 7%
4
Trading sales volume - not produced by Anglo Platinum operations.
Sponsor: Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities.
For further information, please contact:
Investors: Media:
Emma Chapman Jana Marais
(SA) +27 (0) 76 480 1570 (SA) +27 (0) 79 932 1586
emma.chapman@angloamerican.com jana.marais@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 metallurgical coal for steelmaking, 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: 20-07-2021 08:00:00
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.