<p>Kumba CEO Mpumi Zikalala said “2021 has been an exceptional year of delivery across the business. Achieving more than five years of fatality-free production is a significant accomplishment. On the back of strong prices, further enhanced by the premium that our high-quality products attract and thanks to the safe execution of our strategy, operational resilience and disciplined capital allocation, Kumba delivered a record EBITDA of ZAR 64.6 billion.”</p><p>---------------</p><p>HIGHLIGHTS</p><p>---------------</p><p>Despite weather and logistical challenges, production increased by 9% to 40.9 million tonnes</p><p>Export sales from Saldanha Port increased by 1% to 40.2 million tonne</p><p>Average realised FOB export price of USD 161 per tonne, 18% above benchmark</p><p>Strong EBITDA margin of 63% up from 57%</p><p>Extension of Sishen’s life of mine by four years to 2039 through our ultra-high-dense-media separation technology</p>
<p>Kumba CEO Mpumi Zikalala said “2021 has been an exceptional year of delivery across the business. Achieving more than five years of fatality-free production is a significant accomplishment. On the back of strong prices, further enhanced by the premium that our high-quality products attract and thanks to the safe execution of our strategy, operational resilience and disciplined capital allocation, Kumba delivered a record EBITDA of ZAR 64.6 billion.”</p><p>---------------</p><p>HIGHLIGHTS</p><p>---------------</p><p>Despite weather and logistical challenges, production increased by 9% to 40.9 million tonnes</p><p>Export sales from Saldanha Port increased by 1% to 40.2 million tonne</p><p>Average realised FOB export price of USD 161 per tonne, 18% above benchmark</p><p>Strong EBITDA margin of 63% up from 57%</p><p>Extension of Sishen’s life of mine by four years to 2039 through our ultra-high-dense-media separation technology</p>
