{
  "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": 56,
  "pageCount": 88,
  "prevPage": 55,
  "nextPage": 57,
  "slideType": "propose_solution",
  "function": "propose_solution",
  "density": "overcrowded",
  "nDataPoints": 5,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de517-e7f8-7279-8d98-4d74f2a303cc/56",
  "deckHref": "/decks/019de517-e7f8-7279-8d98-4d74f2a303cc",
  "deckJsonHref": "/decks/019de517-e7f8-7279-8d98-4d74f2a303cc.json",
  "deckAnchorHref": "/decks/019de517-e7f8-7279-8d98-4d74f2a303cc#slide-56",
  "components": [
    {
      "bbox": {
        "h": 0.2,
        "w": 0.33,
        "x": 0.59,
        "y": 0.38
      },
      "kind": "chart",
      "text": "304 (30-40) (40) 220-230 2023 Plant closure Higher grade, softer ore 2028F proforma",
      "attrs": {},
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "df6137ab-f93b-44a0-8c33-5bc163855e0e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.33,
        "w": 0.999,
        "x": 0.001,
        "y": 0.59
      },
      "kind": "image",
      "text": "Illustration of the Los Bronces mine layout with open pit, tailings dams, and processing plants.",
      "attrs": {},
      "subkind": "illustration",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d12025f2-5cb3-44d5-8f35-17234b0adfb8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.21,
        "x": 0.415,
        "y": 0.915
      },
      "kind": "legend",
      "text": "Lower mine & plant opex: direct & indirect cost benefit",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "421b687d-b547-4504-ad80-112939c37f1d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.15,
        "x": 0.778,
        "y": 0.915
      },
      "kind": "legend",
      "text": "Capital savings: Avoidance & deferral",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f97c9e0d-2042-4482-96da-c0c5956c7b2c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.23,
        "w": 0.44,
        "x": 0.045,
        "y": 0.198
      },
      "kind": "list",
      "text": "Two processing plants at Los Bronces mine: Confluencia (~90ktpd) & Los Bronces (~60ktpd)\nSmaller, older Los Bronces processing plant will be placed on care & maintenance from mid-2024\nRestart subject to many factors e.g. Cu price & growth options",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1a332026-bacc-4a5a-8afb-5d752b9f20da",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.16,
        "w": 0.44,
        "x": 0.526,
        "y": 0.255
      },
      "kind": "list",
      "text": "Significant cash flow benefits as outlined on slide 30\nStep-down in C1 unit cost position from grade uplift in next phase:\nAt flat FX & by-product pricing (c/lb)",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "59a08a89-902a-4ed9-a856-e1a297bdc4b2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.23,
        "x": 0.01,
        "y": 0.462
      },
      "kind": "paragraph",
      "text": "Mine plan: Mine development will continue to create operational flexibility, but volumes can be smoothed to reduce capital intensity",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2c904880-d1ba-4817-a51a-a1debd8838b5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.26,
        "x": 0.259,
        "y": 0.462
      },
      "kind": "paragraph",
      "text": "Increased buffers across the value chain: As bottleneck moves from mine to plant & we remove stress in the value chain, the ability to create key buffers increases",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "99d3773a-c03e-4e28-ab30-caa01487c331",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.11,
        "x": 0.045,
        "y": 0.945
      },
      "kind": "source-note",
      "text": "Anglo American",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d9ccbcfa-f499-490c-a934-9a03aaba1b71",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.86,
        "x": 0.045,
        "y": 0.09
      },
      "kind": "title",
      "text": "Los Bronces: Removing cash-negative tonnes",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "452d6a7a-4545-4892-823d-2e274aecdb43",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "456fdd39-cd47-40f5-ac8c-7715803244a0",
      "evidence": "chart/waterfall: 304 (30-40) (40) 220-230 2023 Plant closure Higher grade, softer ore 2028F proforma",
      "confidence": 0.9
    }
  ],
  "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": [
    {
      "to": 56,
      "from": 55,
      "name": "Zoom In",
      "slug": "06-zoom-in",
      "bestFor": "Technical deep-dives, case studies, detailed analysis",
      "matchId": "72d37224-668c-4165-afe3-8869c05c5fb6",
      "evidence": "The document provides a detailed analysis of the challenges and plans for Los Bronces.",
      "position": 0,
      "objective": "What are the specific challenges and plans for Los Bronces?",
      "structure": "The Big Picture -> Key Area of Focus -> Specific Detail -> Implication",
      "confidence": 0.7,
      "description": "Start broad, then progressively focus on specific details that prove your point"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}