{ "docId": "019de517-e7f8-7279-8d98-4d74f2a303cc", "docSlug": "73e8916e02746251b6a0f66c6efec5cd", "documentTitle": "AngloAmerican | Results Presentation Deck | 88 slides", "authorId": "angloamerican", "authorName": "AngloAmerican", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-02-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 48, "pageCount": 88, "prevPage": 47, "nextPage": 49, "slideType": "kpi_overview", "function": "quantify_opportunity", "density": "overcrowded", "nDataPoints": 48, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de517-e7f8-7279-8d98-4d74f2a303cc/48", "deckHref": "/decks/019de517-e7f8-7279-8d98-4d74f2a303cc", "deckJsonHref": "/decks/019de517-e7f8-7279-8d98-4d74f2a303cc.json", "deckAnchorHref": "/decks/019de517-e7f8-7279-8d98-4d74f2a303cc#slide-48", "components": [ { "bbox": { "h": 0.012, "w": 0.019, "x": 0.953, "y": 0.955 }, "kind": "other", "text": "48", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "42491a63-a03a-4d6b-bf96-adef8e2b0c96", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.012, "w": 0.107, "x": 0.043, "y": 0.955 }, "kind": "source-note", "text": "Anglo American", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4edac982-15b3-437c-8a63-1e068356ecde", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.294, "w": 0.919, "x": 0.043, "y": 0.66 }, "kind": "source-note", "text": "1. Copper business unit only. On a contained-metal basis. Total copper is the sum of Chile and Peru. Chile production guidance is lower for the next three years impacted by Los Bronces due to lower grades and continued ore hardness, with the smaller and less efficient of the two processing plants being put on care & maintenance in 2024, as well as the impact of a revised mine plan at El Soldado. In 2025, grades decline at all operations in Chile. In 2026, production benefits from improved grades at Collahuasi. Production guidance in Chile for 2024 and 2025 is subject to water availability. Peru production in 2024 will be weighted to the second half of the year, primarily as a result of the grades temporarily declining to between 0.6-0.7% TCu in the first half of the year as the geotechnical fault requires changes to be made to the angle of the slope in the mining pit wall. 2. Nickel operations in Brazil only. The Group also produces approximately 20kt of nickel on an annual basis from the PGM operations. Nickel production is impacted by declining grades. 3. 5E + gold produced metal in concentrate (M&C) ounces. Includes own mined production and purchased concentrate (POC) volumes - please see split in above table. The average M&C split by metal is Platinum: ~45%, Palladium: ~35% and Other: ~20%. Metal in concentrate production from own mined remains broadly at 2023 levels (excluding Kroondal), but POC volumes will be lower as POC agreements reach their contractual conclusion. Kroondal is expected to move from 100% third-party POC to a toll arrangement (4E metals) at the end of H1 2024. In 2025, the Siyanda POC agreement will transition to a tolling arrangement (4E metals). At the end of 2026, the Sibanye-Stillwater toll agreement concludes (impacting POC due to the minor metal volumes retained). Production remains subject to the impact of Eskom load-curtailment. 4. Production on a 100% basis except for the Gahcho Kué joint operation, which is on an attributable 51% basis. De Beers will assess options to reduce production in response to prevailing market conditions. Venetia continues to transition to underground operations, it is expected to ramp-up to steady-state levels of ~4Mctpa production over the next few years. 2026 production benefits from an expansion at the Gahcho Kué joint operation. 5. Total iron ore is the sum of Kumba and Minas-Rio on a wet basis. 6. Production excludes thermal coal by-product and reflects the challenging operating environment of the longwalls due to the gas, depth and strata as well as safety operating protocols. In 2024, the next longwall moves scheduled at Moranbah and Grosvenor are both in the third quarter, and a walk-on/walk-off longwall move is scheduled at Aquila during the second quarter with the impact on production expected to be minimal. 7. 5E + gold produced refined ounces. Includes own mined production and POC volumes. Refined production in 2024 is expected to be lower in the first quarter than the rest of the year, due to the annual stock count and planned processing maintenance. Production remains subject to the impact of Eskom load-curtailment. 8. Volumes are reported as wet metric tonnes (wmt). Product is shipped with ~1.6% moisture and subject to the third-party rail and port performance. Production is impacted by third-party rail & port availability and performance, and the UHDMS plant remains under review and is not captured in guidance. 9. Volumes are reported as wet metric tonnes (wmt). Product is shipped with ~9% moisture. Pipeline inspections impact 2025 volumes.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a6d35caa-c04b-4353-973b-dafb3b81c83a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.406, "w": 0.919, "x": 0.043, "y": 0.17 }, "kind": "table", "text": "Units 2022 2023 2024F 2025F 2026F Copper¹ kt Chile: 562 Peru: 102 Chile: 507 Peru: 319 Chile: 430-460 Peru: 300-330 Chile: 380-410 Peru: 310-340 Chile: 440-470 Peru: 320-350 Platinum Group Metals - M&C by source³ Moz Own mined: 2.6 POC: 1.4 Own mined: 2.5 POC: 1.3 Own mined: 2.1-2.3 POC: 1.2-1.4 Own mined: 2.1-2.3 POC: 0.9-1.1 Own mined: 2.1-2.3 POC: 0.9-1.1 Platinum Group Metals - Refined⁷ Moz 3.8 3.8 3.3-3.7 3.0-3.4 3.0-3.4 Iron Ore (Kumba)⁸ Mt 38 36 35-37 35-37 35-37 Iron Ore (Minas-Rio)⁹ Mt 22 24 23-25 22-24 23-25", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "398f522a-eb60-40cb-9371-14180367d6a2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.768, "x": 0.099, "y": 0.101 }, "kind": "title", "text": "Production outlook – supplementary guidance", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b8a25704-b3c0-4a64-a353-6cb42c239b98", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 88, "from": 39, "beatId": "8898772e-61c4-43d5-85f3-772fd887d7c2", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The document concludes with a discussion of the company's investment proposition, guidance, and outlook.", "position": 4, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }