Anglo American Production Report Apr-Jun 2021 Quarter
Anglo American The Times

Anglo American Production Report Apr-Jun 2021 Quarter

Anglo American CEO Mr Mark Cutifani said “We have delivered a solid operational performance supported by comprehensive Covid-19

Anglo American CEO Mr Mark Cutifani said “We have delivered a solid operational performance supported by comprehensive Covid-19 measures to help safeguard the lives and livelihoods of our workforce and host communities. We have generally maintained operating levels at approximately 95% of normal capacity and, as a consequence, production increased by 20% compared to Q2 of last year, with planned higher rough diamond production at De Beers, as well as strong plant performance at our Los Bronces copper operation in Chile and higher throughput at our Mogalakwena platinum group metals mine in South Africa. We also successfully completed the demerger of our thermal coal operations in South Africa and announced the sale of our minority interest in Cerrejón in Colombia, marking the last stage of our transition from thermal coal operations, ahead of schedule. Our portfolio and growth investments are increasingly focused on those future-enabling metals and minerals that are critical to decarbonising energy and transport and to meeting consumers’ growing needs, from luxury to everyday."

Q2 Highlights

Completed the demerger of the South Africa thermal coal operations

Announced the sale of our 33% interest in the Cerrejón thermal coal mine, subject to regulatory approvals

Rough diamond production increased by 134%, reflecting planned higher production in response to the ongoing consumer demand recovery

Platinum Group Metals production increased by 59%, with Mogalakwena production increasing by 11%, reflecting the relatively lower impact of Covid-19 lockdowns compared to Q2 2020. Strong refined output reflected stable performance from the ACP Phase A unit

Iron ore production increased by 6%, driven primarily by Kumba, reflecting the lower impact of Covid-19 lockdowns compared to Q2 2020

Copper production increased by 2% due to strong plant performance at Los Bronces

At our longwall metallurgical coal operations, mining restarted at Moranbah at the beginning of June and development work at Grosvenor continues to progress, with restart expected towards the end of the year

Production Q2 of 2021

Diamonds - 3.5 MCT, up by 134% YoY

Copper – 167 KT, up by 2% YoY

Platinum group metals – 665 KOZ, up by 59% YoY

Iron ore - 14.8 million tonne, up by 6% YoY

Metallurgical coal - 4 million tonne, down by 25% YoY

Nickel - 10.8 KT, down by 2% YoY

Manganese ore – 796 KT, up by 18% YoY

Thermal coal - 4.4 million tonne, down by 1% YoY

Production H1 of 2021

Diamonds (Mct) - 15.4 MCT, up by 37% YoY

Copper - 330 KT, up by 5% YoY

Platinum group metals - 2,079 KOZ, up by 28% YoY

Iron ore - 31.9 million tonne, up by 3% YoY

Metallurgical coal - 6.2 million tonne, down by 20% YoY

Nickel - 20.7 KT, down by 5% YoY

Manganese ore –1,845 T, up by 13% YoY

Thermal coal - 9.3 million tonne, down by 12% YoY

2021 production guidance

Diamonds - 32-33 Mct

Copper - 650-680 kt

Platinum Group Metals - 4.2-4.4 Moz

Iron ore - 64.5-66.5 million tonne

Metallurgical coal - 14-16 million tonne

Nickel - 42-44 kt

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