REG - Anglo American PLC - Anglo American Production Report Q4 2021
27/01/2022 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220127:nRSa7748Za&default-theme=true
RNS Number : 7748Z Anglo American PLC 27 January 2022
http://www.rns-pdf.londonstockexchange.com/rns/7748Z_1-2022-1-26.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7748Z_1-2022-1-26.pdf)
27 January 2022
Anglo American plc
Production Report for the fourth quarter ended 31 December 2021
Mark Cutifani, Chief Executive of Anglo American, said: "Our production was
broadly flat compared to Q4 of 2020, with our operating levels at
approximately 95%((1)) of normal capacity through the year, largely due to the
ongoing Covid related effects on the operating environment. Production in the
fourth quarter benefited from higher rough diamond production at De Beers, a
return to pre-Covid production levels at our open cut metallurgical coal mines
and improved mining performance at Amandelbult which resulted in higher metal
in concentrate production from our PGMs business. At our copper operations,
Collahuasi's production increased as a result of strong plant performance and
planned maintenance in the comparable period of 2020.
"As we move into 2022, we are pleased with the construction progress at
Quellaveco, our new copper mine in Peru. We are on track and within budget, we
mined our first ore in October 2021, and we are expecting our first production
of copper concentrate in the middle of this year. In the first quartile of the
cost curve, we expect Quellaveco to produce 120,000-160,000 tonnes of copper
production in 2022 and to average 300,000 tonnes per year for the first ten
years at full production."
Q4 2021 highlights
• Rough diamond production increased by 15%, principally from Jwaneng in
Botswana as well as in Namibia, reflecting planned higher production in
response to strong consumer demand.
• Our Platinum Group Metals (PGMs) operations more than doubled refined
production in the quarter, and resulted in a record full year refined
production of 5.1Moz. This has substantially reduced work-in-progress
inventory, and resulted in a 62% increase in co-product nickel production for
the full year to 22,300 tonnes. Together with our primary nickel output, group
total nickel production reached 64,000 tonnes in 2021, a 12% increase
year-on-year.
• Metallurgical coal production increased by 5%, reflecting an increase in
production at the Dawson open cut operation, partially offset by Moranbah
which continues to be affected by areas of challenging geology.
• Our copper operations' full year production was in line with the prior
year, mitigating the ongoing water challenges from the severe drought
conditions.
• Full year iron ore production increased by 3%, although lower in the
quarter, despite unplanned maintenance at Minas-Rio and third party rail
performing below planned levels affecting Kumba's production for the year.
• Our 2021 Climate Change Report was published in October, setting out clear
pathways to carbon neutral operations by 2040 and our ambition to reduce Scope
3 emissions by 50%, also by 2040.
• Completed sale of our 33% interest in Cerrejón on 11 January 2022: final
stage of our exit from thermal coal operations.
Production Q4 2021 Q4 2020 % vs. Q4 2020 2021 2020 % vs. 2020
Diamonds (Mct)((2)) 7.7 6.7 15% 32.3 25.1 29%
Copper (kt)((3)) 161 168 (4)% 647 647 0%
Platinum group metals (koz)((4)) 1,103 1,076 3% 4,299 3,809 13%
Iron ore (Mt)((5)) 15.1 16.2 (7)% 63.8 61.7 3%
Metallurgical coal (Mt) 4.4 4.2 5% 14.9 16.8 (11)%
Nickel (kt)((6)) 10.6 11.7 (9)% 41.7 43.5 (4)%
Manganese ore (kt) 835 942 (11)% 3,683 3,520 5%
(1) Production capacity excludes Grosvenor. Q4 year-on-year copper
equivalent production decreased 1%, this is normalised to reflect the demerger
of the South Africa thermal coal operations, the sale of our interest in
Cerrejón and the closure of the manganese alloy operations.
(2) De Beers Group production is on a 100% basis, except for the Gahcho
Kué joint venture which is on an attributable 51% basis.
(3) Contained metal basis. Reflects copper production from the Copper
operations in Chile only (excludes copper production from the Platinum Group
Metals business unit).
(4) Produced ounces of metal in concentrate. 5E+Au (platinum, palladium,
rhodium, ruthenium and iridium plus gold). Reflects own mine production and
purchase of concentrate.
(5) Wet basis.
(6) Reflects nickel production from the Nickel operations in Brazil only
(excludes nickel production from the Platinum Group Metals business unit).
Production Outlook Summary
2022 production guidance is summarised as follows:
2022 production guidance((1))
Diamonds((2)) 30-33 Mct
Copper((3)) 680-760 kt
Platinum Group Metals((4)) 4.1-4.5 Moz
Iron Ore((5)) 63-67 Mt
Metallurgical Coal((6)) 20-22 Mt
Nickel((7)) 40-42 kt
(1) Subject to the extent of further Covid-19 related disruption.
(2) On a 100% basis, except for the Gahcho Kué joint venture, which is
on an attributable 51% basis. Subject to trading conditions.
(3) On a contained-metal basis. Copper operations in Chile (560-600 kt)
and Peru (120-160 kt). Copper Chile subject to water availability.
(4) 5E + gold produced metal in concentrate ounces. Includes own mined
production (~65%) and purchased concentrate volumes (~35%). The split of
metals differs for own mined and purchased concentrate, refer to FY2019
results presentation slide 30 for indicative split of own mined volumes.
FY2022 metal in concentrate production is expected to be 1.9-2.1 million
ounces of platinum, 1.3-1.4 million ounces of palladium and 0.9-1.0 million
ounces of other PGMs and gold.
(5) Wet basis. Iron ore operations at Minas-Rio in Brazil (24-26 Mt) and
at Kumba (39-41 Mt) in South Africa. Kumba is subject to the third party
rail and port performance.
(6) Excludes thermal coal by-product from Australia. Subject to
regulatory approval to restart the Grosvenor longwall mining operations.
(7) Nickel operations in Brazil only.
Realised Prices
FY 2021 FY 2020 H2 2021 H1 2021 2021 vs. 2020 H2 2021 vs. H1 2021
De Beers
Consolidated average realised price ($/ct)((1)) 146 133 161 135 10 % 19 %
Average price index((2)) 115 104 122 109 11 % 12 %
Copper (USc/lb)((3)) 453 299 447 460 52 % (3) %
Platinum Group Metals
Platinum (US$/oz)((4)) 1,083 880 1,008 1,170 23 % (14) %
Palladium (US$/oz)((4)) 2,439 2,214 2,267 2,641 10 % (14) %
Rhodium (US$/oz)((4)) 19,613 10,628 16,019 24,377 85 % (34) %
Basket price (US$/PGM oz)((5)) 2,761 2,035 2,642 2,884 36 % (8) %
Iron Ore - FOB prices((6)) 157 111 106 210 41 % (50) %
Kumba Export (US$/wmt)((7)) 161 113 109 216 42 % (50) %
Minas-Rio (US$/wmt)((8)) 150 107 102 200 40 % (49) %
Metallurgical Coal - HCC (US$/t)((9)) 211 112 280 117 88 % 139 %
Nickel (USc/lb) 773 563 819 721 37 % 14 %
(1) Consolidated average realised price based on 100% selling value
post-aggregation.
(2) Average of the De Beers price index for the Sights within the
12-month period. The De Beers price index is relative to 100 as at December
2006.
(3) The realised price for Copper excludes third party sales volumes.
(4) The realised price is excluding trading.
(5) Price for a basket of goods per PGM oz. The dollar basket price is
the net sales revenue from all metals (PGMs, base metals and other metals),
excluding trading, per 5E + gold sold ounces (own mined and purchased
concentrate).
(6) Average realised total iron ore price is a weighted average of the
Kumba and Minas-Rio realised prices. The comparative has been restated as
Kumba previously reported on a dry basis.
(7) Average realised export basket price (FOB Saldanha) (wet basis as
product is shipped with ~1.6% moisture). The comparative has been restated as
Kumba previously reported on a dry basis. The realised prices differ to
Kumba's standalone results due to sales to other Group companies. FY average
realised export basket price (FOB Saldanha) on a dry basis is $164/t (2020:
$115/t) and this was higher than the dry 62% Fe benchmark price of $139/t (FOB
South Africa, adjusted for freight).
(8) Average realised export basket price (FOB Açu) (wet basis as
product is shipped with ~9% moisture).
(9) Weighted average coal sales price achieved at managed operations.
Metallurgical Coal PCI (US$/t) FY 2021 was US$138/t and FY 2020 was US$84/t,
resulting in a 64% movement for the year. H2 2021 was US$150/t and H1 2021
was US$103/t, resulting in a 46% movement. Australian Thermal Coal by-product
(US$/t) FY 2021 was US$120/t and FY 2020 was US$58/t, resulting in a 107%
movement for the year.H2 2021 was US$173/t and H1 2021 was US$87/t , resulting
in a 99% movement.
De Beers
De Beers((1)) (000 carats) Q4 Q4 Q4 2021 vs. Q4 2020 Q3 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2020 2021 2021 2020
Botswana 5,236 4,263 23 % 6,403 (18)% 22,326 16,559 35 %
Namibia 392 337 16 % 399 (2)% 1,467 1,448 1 %
South Africa 1,292 1,287 0 % 1,577 (18) % 5,306 3,771 41 %
Canada 771 776 (1) % 797 (3) % 3,177 3,324 (4) %
Total carats recovered 7,691 6,663 15 % 9,176 (16) % 32,276 25,102 29 %
Rough diamond production increased by 15% to 7.7 million carats, reflecting
planned higher production of rough diamonds to meet continued strong levels of
demand.
In Botswana, production increased by 23% to 5.2 million carats primarily as a
result of the planned treatment of higher grade ore at Jwaneng, partly offset
by lower production at Orapa due to the planned closure of Plant 1 in late
2020.
Namibia production increased by 16% to 0.4 million carats reflecting a
reduction in the scheduled maintenance time for the marine fleet.
South Africa production was in line with the prior year at 1.3 million carats,
as planned plant maintenance in Q4 2021 was offset by processing of higher
grade ore.
Production in Canada was broadly flat.
Demand for rough diamonds remained robust, with positive midstream sentiment
and strong demand for diamond jewellery continuing over the holiday period,
particularly in the key US consumer market. Rough diamond sales totalled 7.7
million carats (7.2 million carats on a consolidated basis)((2)) from three
Sights, compared with 6.9 million carats (6.4 million carats on a consolidated
basis)((2)) from two Sights in Q4 2020, and 7.8 million carats (7.0 million
carats on a consolidated basis)((2)) from two Sights in Q3 2021.
The full year consolidated average realised price increased by 10% to $146/ct
(2020: $133/ct), primarily as a result of positive market sentiment which gave
rise to a strengthening of the rough price index.
2022 Guidance
Production guidance((1)) for 2022 is 30-33 million carats (100% basis),
subject to trading conditions and the extent of further Covid-19 related
disruptions.
(1) De Beers Group production is on a 100% basis, except for the Gahcho
Kué joint venture which is on an attributable 51% basis.
(2) Consolidated sales volumes exclude De Beers Group's JV partners' 50%
proportionate share of sales to entities outside De Beers Group from the
Diamond Trading Company Botswana and the Namibia Diamond Trading Company,
which are included in total sales volume (100% basis).
De Beers((1)) Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
Carats recovered (000 carats)
100% basis (unless stated)
Jwaneng 2,679 3,954 3,169 3,091 1,452 85 % (32)% 12,893 7,538 71%
Orapa((2)) 2,557 2,449 2,558 1,869 2,811 (9) % 4 % 9,433 9,021 5 %
Total Botswana 5,236 6,403 5,727 4,960 4,263 23 % (18) % 22,326 16,559 35%
Debmarine Namibia 330 309 249 249 256 29 % 7 % 1,137 1,125 1 %
Namdeb (land operations) 62 90 89 89 81 (23) % (31) % 330 323 2 %
Total Namibia 392 399 338 338 337 16 % (2) % 1,467 1,448 1 %
Venetia 1,292 1,577 1,276 1,161 1,287 0 % (18)% 5,306 3,771 41 %
Total South Africa 1,292 1,577 1,276 1,161 1,287 0 % (18) % 5,306 3,771 41 %
Gahcho Kué (51% basis) 771 797 899 710 776 (1) % (3) % 3,177 3,324 (4) %
Total Canada 771 797 899 710 776 (1) % (3) % 3,177 3,324 (4) %
Total carats recovered 7,691 9,176 8,240 7,169 6,663 15 % (16 % 32,276 25,102 29 %
Sales volumes
Total sales volume (100)% (Mct)((3)) 7.7 7.8 7.3((4)) 13.5((4)) 6.9 12 % (1) % 36.3 22.7 60 %
Consolidated sales volume (Mct)((3)) 7.2 7.0 6.5((4)) 12.7((4)) 6.4 13 % 3 % 33.4 21.4 56 %
Number of Sights (sales cycles) 3 2 2((4)) 3((4)) 2 10 9((5))
(1) De Beers Group production is on a 100% basis, except for the Gahcho
Kué joint venture which is on an attributable 51% basis.
(2) Orapa constitutes the Orapa Regime which includes Orapa, Letlhakane
and Damtshaa.
(3) Consolidated sales volumes exclude De Beers Group's JV partners' 50%
proportionate share of sales to entities outside De Beers Group from the
Diamond Trading Company Botswana and the Namibia Diamond Trading Company,
which are included in total sales volume (100% basis).
(4) Due to ongoing travel restrictions and the timing of Sight 3 at the
end of Q1 2021, the Sight event was extended beyond its normal week-long
duration. As a result, 0.2 Mct (total sales volume, 100% and consolidated
basis) from Sight 3 were recognised in Q2 2021.
(5) Sight 3 in Q2 2020 was cancelled due to Covid-19 related
restrictions on the movement of people and product.
Copper
Copper((1)) (tonnes) Q4 Q4 Q4 2021 vs. Q4 2020 Q3 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2020 2021 2021 2020
Los Bronces 84,900 95,900 (11) % 79,600 7 % 327,700 324,700 1 %
Collahuasi (44% share) 66,000 59,200 11 % 65,300 1 % 277,200 276,900 0 %
El Soldado 9,800 12,700 (23) % 11,600 (16) % 42,300 45,800 (8) %
Total Copper 160,700 167,800 (4) % 156,500 3 % 647,200 647,400 0 %
(1) Copper production shown on a contained metal basis. Reflects copper
production from the Copper operations in Chile only (excludes copper
production from the Platinum Group Metals business unit).
Copper production in the fourth quarter decreased by 4% to 160,700 tonnes.
Planned lower grades at Los Bronces were partially offset by strong plant
performance at Collahuasi.
Production from Los Bronces decreased by 11% to 84,900 tonnes due to planned
lower grades (0.70% vs 0.77%) and lower copper recovery (80.5% vs 83.6%).
At Collahuasi, attributable production increased by 11% to 66,000 tonnes
driven by higher throughput as a result of strong plant performance in the
quarter and the planned maintenance in Q4 2020.
Production from El Soldado decreased by 23% to 9,800 tonnes due to lower
grades (0.63% vs. 0.84%) in accordance with the mine plan.
2021 sales volumes were 641,100 tonnes at an average realised price of
453c/lb, which is higher than the average LME price of 423c/lb, reflecting the
benefit of provisional pricing adjustments throughout the year. At 31
December, 162,361 tonnes of copper were provisionally priced at 442c/lb.
Chile´s central zone continues to face severe drought conditions. While
production impacts during 2021 have been mitigated by the successful
implementation of water management initiatives, record low levels of
precipitation during the year have reduced water availability for Los Bronces
in the first half of 2022 and have been factored into production guidance.
2022 Guidance
Production guidance for 2022 is 680,000-760,000 tonnes, (Chile 560,000-600,000
tonnes; Peru 120,000-160,000 tonnes). Production is subject to the extent of
further Covid-19 related disruptions and in Chile, to water availability.
Copper((1)) Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
Los Bronces mine((2))
Ore mined 11,056,800 10,512,600 11,403,100 10,812,400 11,546,300 (4) % 5 % 43,784,900 39,211,300 12 %
Ore processed - Sulphide 13,293,500 12,715,400 13,168,200 11,520,400 13,031,300 2 % 5 % 50,697,500 42,034,800 21 %
Ore grade processed - 0.70 0.70 0.68 0.72 0.77 (9) % 0 % 0.70 0.81 (14) %
Sulphide (% TCu)((3))
Production - Copper cathode 10,400 9,800 9,800 9,900 10,200 2 % 6 % 39,900 39,300 2 %
Production - Copper in concentrate 74,500 69,800 74,600 68,900 85,700 (13) % 7 % 287,800 285,400 1 %
Total production 84,900 79,600 84,400 78,800 95,900 (11) % 7 % 327,700 324,700 1 %
Collahuasi 100% basis
(Anglo American share 44%)
Ore mined 23,940,600 30,327,200 26,943,000 21,220,300 18,110,000 32 % (21) % 102,431,100 71,959,200 42 %
Ore processed - Sulphide 13,979,000 12,926,400 14,334,300 14,441,600 12,928,700 8 % 8 % 55,681,300 55,831,600 0 %
Ore grade processed - 1.18 1.28 1.29 1.26 1.18 0 % (8) % 1.25 1.24 1 %
Sulphide (% TCu)((3))
Production - Copper in concentrate 150,100 148,300 168,800 162,800 134,600 11 % 1 % 630,000 629,100 0 %
Anglo American's 44% share of copper production for Collahuasi 66,000 65,300 74,300 71,600 59,200 11 % 1 % 277,200 276,900 0 %
El Soldado mine((2))
Ore mined 975,500 1,697,800 1,796,600 1,708,600 1,982,000 (51) % (43) % 6,178,500 7,160,500 (14) %
Ore processed - Sulphide 1,909,400 1,952,000 1,834,800 1,755,100 1,902,500 0 % (2) % 7,451,300 6,921,700 8 %
Ore grade processed - 0.63 0.73 0.75 0.70 0.84 (25) % (14) % 0.73 0.84 (13) %
Sulphide (% TCu)((3))
Production - Copper in concentrate 9,800 11,600 11,000 9,900 12,700 (23) % (16) % 42,300 45,800 (8) %
Chagres Smelter((2))
Ore smelted((4)) 29,200 30,200 25,400 23,200 29,800 (2) % (3) % 108,000 111,600 (3) %
Production 28,400 29,200 24,600 22,600 29,000 (2) % (3) % 104,800 108,700 (4) %
Total copper production((5)) 160,700 156,500 169,700 160,300 167,800 (4) % 3 % 647,200 647,400 0 %
Total payable copper production 154,100 150,100 162,600 154,300 161,200 (4) % 3 % 621,100 622,400 0 %
Total sales volumes 173,400 162,300 157,700 147,700 178,600 (3) % 7 % 641,100 648,500 (1) %
Total payable sales volumes 166,200 153,900 149,200 143,200 172,600 (4) % 8 % 612,500 623,000 (2) %
Third party sales((6)) 138,500 136,200 82,800 74,000 133,400 4 % 2 % 431,500 453,100 (5) %
(1) Excludes copper production from the Platinum Group Metals business
unit. Units shown are tonnes unless stated otherwise.
(2) Anglo American ownership interest of Los Bronces, El Soldado and the
Chagres Smelter is 50.1%. Production is stated at 100% as Anglo American
consolidates these operations.
(3) TCu = total copper.
(4) Copper contained basis.
(5) Total copper production includes Anglo American's 44% interest in
Collahuasi.
(6) Relates to sales of copper not produced by Anglo American
operations.
Platinum Group Metals (PGMs)
PGMs (000 oz)((1)) Q4 Q4 Q4 2021 vs. Q4 2020 Q3 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2020 2021 2021 2020
Metal in concentrate production 1,103 1,076 3 % 1,116 (1) % 4,299 3,809 13 %
Own mined((2)) 734 717 2 % 720 2 % 2,858 2,549 12 %
Purchase of concentrate (POC)((3)) 369 359 3 % 396 (7) % 1,440 1,260 14 %
Refined production((4)) 1,391 673 107 % 1,420 (2) % 5,138 2,713 89 %
(1) Ounces refer to troy ounces. PGMs is 5E+Au (platinum, palladium,
rhodium, ruthenium and iridium plus gold).
(2) Includes managed operations and 50% of joint operation production.
(3) Includes the other 50% of joint operation production, as well as the
purchase of concentrate from third parties.
(4) Refined production excludes toll refined material.
Metal in concentrate production
Own mined production increased by 2% to 734,200 ounces, primarily from a 15%
increase at Amandelbult to 213,600 ounces, reflecting improved mining
performance and increased stability at the concentrator. Production at Unki
increased by 13% to 63,200 ounces due to the successful completion of the
debottlenecking project at the concentrator. This was partially offset by
performance at Mogalakwena and Mototolo, where lower grades were the primary
drivers for the production decreases of 2% and 18% respectively. Joint
operations increased marginally by 1% to 99,700 ounces.
Purchase of concentrate increased by 3% to 369,200 ounces, primarily from
third parties reflecting a recovery from the impact of Covid-19 in Q4 2020.
Refined production
Refined production more than doubled to 1,391,300 ounces, reflecting continued
strong performance from the ACP Phase A unit following its successful start-up
in November 2020. The build-up in work-in-progress inventory following the
temporary closure of the ACP in 2020 has largely been processed and refined.
The ACP Phase B rebuild was completed in January 2022 and will be
recommissioned during Q1 2022.
Sales
Sales volumes increased by 70%, driven by higher refined production.
The full year average realised basket price of $2,761/PGM ounce primarily
reflects the strong realised price for rhodium, particularly in the first half
of the year.
2022 Guidance
Production guidance (metal in concentrate) for 2022 is 4.1-4.5 million
ounces((1)). Refined production guidance for 2022 is 4.2-4.6 million
ounces, subject to the potential impact of Eskom load-shedding. Both are
subject to the extent of further Covid-19 related disruption.
(1) Metal in concentrate production is expected to be 1.9-2.1 million
ounces of platinum, 1.3-1.4 million ounces of palladium and 0.9-1.0 million
ounces of other PGMs and gold. With own-mined output accounting for ~65%.
Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
M&C PGMs production (000 oz)((1)) 1,103.4 1,116.2 1,057.9 1,021.2 1,076.1 3 % (1) % 4,298.7 3,808.9 13 %
Own mined 734.2 720.0 709.2 694.9 716.9 2 % 2 % 2,858.3 2,549.0 12 %
Mogalakwena 300.8 276.4 308.3 329.1 306.7 (2) % 9 % 1,214.6 1,181.6 3 %
Amandelbult 213.6 218.3 185.3 156.0 185.5 15 % (2) % 773.2 608.1 27 %
Unki 63.2 42.6 47.9 50.9 55.8 13 % 48 % 204.6 196.1 4 %
Mototolo 56.9 69.0 59.9 58.6 69.8 (18) % (18) % 244.4 223.6 9 %
Joint operations((2)) 99.7 113.7 107.8 100.3 99.1 1 % (12) % 421.5 339.6 24 %
Purchase of concentrate 369.2 396.2 348.7 326.3 359.2 3 % (7) % 1,440.4 1,259.9 14 %
Joint operations((2)) 99.7 113.7 107.8 100.3 99.0 1 % (12) % 421.5 339.5 24 %
Third parties 269.5 282.5 240.9 226.0 260.2 4 % (5) % 1,018.9 920.4 11 %
Refined PGMs production (000 oz)((1)(3)) 1,391.3 1,420.4 1,353.7 973.0 673.1 107 % (2) % 5,138.4 2,713.0 89 %
By metal:
Platinum 653.5 662.9 625.7 457.8 296.4 120 % (1) % 2,399.9 1,201.1 100 %
Palladium 423.2 459.8 427.5 317.0 206.8 105 % (8) % 1,627.5 905.4 80 %
Rhodium 97.7 92.2 94.3 63.0 47.1 107 % 6 % 347.2 173.9 100 %
Other PGMs and gold 216.9 205.5 206.2 135.2 122.8 77 % 6 % 763.8 432.6 77 %
Nickel (tonnes) 5,700 6,000 5,800 4,800 3,700 54 % (5) % 22,300 13,800 62 %
Tolled material (000 oz)((4)) 179.5 164.5 153.8 175.9 146.5 23 % 9 % 673.7 503.5 34 %
PGMs sales from production (000 oz)((1)(5)) 1,285.2 1,361.0 1,437.1 1,131.1 754.3 70 % (6) % 5,214.4 2,868.5 82 %
Third party PGMs sales (000 oz)((1)(6)) 272.9 160.1 116.1 221.5 370.8 (26) % 70 % 770.6 1,170.9 (34) %
4E head grade (g/t milled)((7)) 3.49 3.47 3.48 3.54 3.67 (5) % 1 % 3.50 3.56 (2) %
(1) M&C refers to metal in concentrate. Ounces refer to troy ounces.
PGMs is 5E+Au (platinum, palladium, rhodium, ruthenium and iridium plus gold).
(2) The joint operations are Modikwa and Kroondal. Platinum owns 50% of
these operations, which is presented under 'Own mined' production, and
purchases the remaining 50% of production, which is presented under 'Purchase
of concentrate'.
(3) Refined production excludes toll material.
(4) Ounces refer to troy ounces. Tolled volume measured as the combined
content of: platinum, palladium, rhodium and gold, reflecting the tolling
agreements in place.
(5) PGMs sales volumes from production are generally ~65% own mined and
~35% purchases of concentrate though this may vary from quarter to quarter.
(6) Relates to sales of metal not produced by Anglo American operations.
(7) 4E: the grade measured as the combined content of: platinum,
palladium, rhodium and gold, excludes tolled material. Minor metals are
excluded due to variability.
Iron Ore
Iron Ore (000 t) Q4 Q4 Q4 2021 vs. Q4 2020 Q3 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2020 2021 2021 2020
Iron Ore((1)) 15,051 16,183 (7) % 16,888 (11) % 63,808 61,702 3 %
Kumba((2)) 9,701 9,718 0 % 10,789 (10) % 40,862 37,621 9 %
Minas-Rio((3)) 5,350 6,466 (17) % 6,100 (12) % 22,945 24,082 (5) %
(1) Total iron ore is the sum of Kumba and Minas-Rio.
(2) Volumes are reported as wet metric tonnes. Product is shipped with
~1.6% moisture.
(3) Volumes are reported as wet metric tonnes. Product is shipped with
~9% moisture.
Iron ore production in the fourth quarter decreased by 7% to 15.1 million
tonnes, driven by a 17% decrease at Minas-Rio, while Kumba's production was in
line with the prior year.
Kumba - Total production was in line with the prior year at 9.7 million
tonnes, reflecting broadly flat production of 3.2 million tonnes at Kolomela
and 6.5 million tonnes at Sishen. Production was limited by higher stock
levels at the mines as a result of the third party rail performing below
planned levels earlier in the year, as well as the impact of the Q4 annual
shut-down for rail and port maintenance.
Total sales of 10.7 million tonnes((1)) increased by 4% due to improved
equipment reliability and throughput at the Saldanha port.
For the full year, Kumba's iron (Fe) content averaged 64.1% (2020: 64.3%),
while the average lump:fines ratio increased to 69:31 (2020: 68:32).
Kumba achieved a full year average realised price of $161/tonne (FOB South
Africa, wet basis), 18% above the 62% Fe benchmark price of $136/tonne (FOB
South Africa, adjusted for freight and moisture) due to the lump and Fe
content quality premiums that the Kumba products attract, partially offset by
the timing on provisionally priced volumes.
Minas-Rio - Production decreased by 17% to 5.3 million tonnes primarily due to
lower plant availability, impacted by unplanned maintenance and heavy rainfall
experienced during the quarter.
The full year average realised price of $150/tonne (FOB Brazil, wet basis) was
higher than the Metal Bulletin 66 price of $142/tonne (FOB Brazil, adjusted
for freight and moisture), reflecting the premium quality of the product,
including higher (~67%) Fe content, partially offset by the timing on
provisionally priced volumes.
2022 Guidance
Production guidance (wet basis) for 2022 is 63-67 million tonnes (Kumba 39-41
million tonnes; Minas-Rio 24-26 million tonnes). Both are subject to the
extent of further Covid-19 related disruption and Kumba is subject to the
third party rail and port performance.
(1) Sales volumes are reported on a wet basis and differ to Kumba's
standalone results due to sales to other Group companies.
Iron Ore (tonnes) Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
Iron Ore production((1)) 15,050,800 16,888,100 15,695,300 16,173,400 16,183,200 (7) % (11) % 63,807,600 61,702,100 3 %
Iron Ore sales((1)) 16,775,700 15,818,800 14,973,600 15,716,400 16,600,200 1 % 6 % 63,284,500 64,241,100 (1) %
Kumba production 9,701,300 10,788,600 9,817,600 10,554,700 9,717,600 0 % (10) % 40,862,200 37,620,600 9 %
Lump 6,419,900 7,252,800 6,723,700 7,156,100 6,589,100 (3) % (11) % 27,552,500 25,478,300 8 %
Fines 3,281,400 3,535,800 3,093,900 3,398,600 3,128,500 5 % (7) % 13,309,700 12,142,300 10 %
Kumba production by mine
Sishen 6,538,200 7,528,300 6,876,800 7,071,200 6,583,400 (1) % (13) % 28,014,500 25,764,000 9 %
Kolomela 3,163,100 3,260,300 2,940,800 3,483,500 3,134,200 1 % (3) % 12,847,700 11,856,600 8 %
Kumba sales volumes((2)) 10,690,300 9,965,700 9,406,000 10,230,200 10,285,700 4 % 7 % 40,292,200 40,449,200 0 %
Export iron ore((2)) 10,690,300 9,965,700 9,406,000 10,123,100 10,285,700 4 % 7 % 40,185,100 40,091,500 0 %
Domestic iron ore - - - 107,100 - n/a n/a 107,100 357,700 (70) %
Minas-Rio production
Pellet feed (wet basis) 5,349,500 6,099,500 5,877,700 5,618,700 6,465,600 (17) % (12) % 22,945,400 24,081,500 (5) %
Minas-Rio sales volumes
Export - pellet feed (wet basis) 6,085,400 5,853,100 5,567,600 5,486,200 6,314,500 (4) % 4 % 22,992,300 23,791,900 (3) %
(1) Total iron ore is the sum of Kumba and Minas-Rio and reported in wet
metric tonnes. Kumba product is shipped with ~1.6% moisture and Minas-Rio
product is shipped with ~9% moisture.
(2) Sales volumes differ to Kumba's standalone results due to sales to
other Group companies.
Metallurgical Coal
Metallurgical Coal((1)) (000 t) Q4 Q4 Q4 2021 vs. Q4 2020 Q3 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2020 2021 2021 2020
Metallurgical Coal 4,372 4,182 5 % 4,289 2 % 14,908 16,822 (11) %
(1) Anglo American's attributable share of production.
Export metallurgical coal production increased by 5% to 4.4 million tonnes
reflecting the increase in production at Dawson, having scaled back production
since mid-2020 in response to reduced demand. This was partially offset by
operations at Moranbah being impacted by challenging geological conditions for
most of the quarter and operating time being limited at the open cut
operations by above average rainfall.
At Grosvenor, development activities have progressed well and the longwall is
operationally ready for recommencement in Q1 2022, subject to approval from
the Queensland Regulator.
The ratio of hard coking coal production to PCI/semi-soft coking coal was
67:33, lower than in Q4 2020 (77:23), due to lower volumes of premium quality
hard coking coal from Moranbah and higher volumes of PCI coal from the open
cut mines at Dawson.
The full year average realised price for hard coking coal was $211/tonne, as
usual this was lower than the full year index price of $226/tonne, but the
price realisation increased to 93% (2020: 90%) as a result of higher sales
volumes from Moranbah in the second half of the year, in a higher price
environment.
2022 Guidance
Production guidance for 2022 is 20-22 million tonnes, subject to the extent of
further Covid-19 related disruptions and regulatory approval to restart the
Grosvenor longwall mining operations.
Coal, by product (tonnes)((1)) Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
Production volumes
Metallurgical Coal 4,372,100 4,288,500 2,968,600 3,278,500 4,182,400 5 % 2 % 14,907,700 16,821,900 (11) %
Hard Coking Coal 2,922,400 3,567,400 2,319,500 2,511,200 3,221,200 (9) % (18) % 11,320,500 13,424,000 (16) %
PCI / SSCC 1,449,700 721,100 649,100 767,300 961,200 51 % 101 % 3,587,200 3,397,900 6 %
Export thermal Coal 341,800 443,800 519,000 372,400 562,300 (39) % (23) % 1,677,000 2,020,500 (17) %
Sales volumes
Metallurgical Coal 4,182,400 3,985,800 2,856,300 3,112,300 4,318,300 (3) % 5 % 14,136,800 16,887,900 (16) %
Hard Coking Coal 2,793,500 3,293,600 2,246,200 2,462,100 3,536,900 (21) % (15) % 10,795,400 13,839,300 (22) %
PCI / SSCC 1,388,900 692,200 610,100 650,200 781,400 78 % 101 % 3,341,400 3,048,600 10 %
Export thermal Coal 483,800 560,400 572,000 492,000 725,800 (33) % (14) % 2,108,200 2,284,800 (8) %
(1) Anglo American's attributable share of production.
Metallurgical coal, by operation (tonnes)((1)) Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
Metallurgical Coal 4,372,100 4,288,500 2,968,600 3,278,500 4,182,400 5 % 2 % 14,907,700 16,821,900 (11) %
Moranbah 1,084,300 1,314,700 56,600 595,100 1,209,200 (10) % (18) % 3,050,700 4,430,300 (31) %
Grosvenor 52,100 19,500 - - - n/a 167 % 71,600 1,106,300 (94) %
Capcoal (incl. Grasstree) 1,588,700 1,503,500 1,554,100 1,346,600 1,680,900 (5) % 6 % 5,992,900 5,614,900 7 %
Dawson 654,100 659,200 569,800 600,600 461,200 42 % (1) % 2,483,700 2,429,100 2 %
Jellinbah 802,200 791,600 788,100 736,200 831,100 (3) % 1 % 3,118,100 3,241,300 (4) %
Other 190,700 - - - - n/a n/a 190,700 - n/a
(1) Anglo American's attributable share of production.
Nickel
Nickel (tonnes) Q4 Q4 Q4 2021 vs. Q4 2020 Q3 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2020 2021 2021 2020
Nickel 10,600 11,700 (9) % 10,400 2 % 41,700 43,500 (4) %
Nickel production decreased by 9% to 10,600 tonnes, due to licensing delays
(received in late Q4) and heavy rainfall experienced in the quarter, which has
resulted in lower grade ore from stockpiles being fed into the plant.
2022 Guidance
Production guidance for 2022 is 40,000-42,000 tonnes, subject to the extent of
further Covid-19 related disruptions.
Nickel (tonnes) Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
Barro Alto
Ore mined 719,300 1,190,900 976,200 628,500 1,001,600 (28) % (40) % 3,514,900 4,197,900 (16) %
Ore processed 654,400 564,400 641,500 616,700 628,000 4 % 16 % 2,477,000 2,400,600 3 %
Ore grade processed - %Ni 1.50 1.64 1.56 1.53 1.71 (12) % (9) % 1.55 1.65 (6) %
Production 8,600 8,300 8,800 8,200 9,500 (9) % 4 % 33,900 34,900 (3) %
Codemin
Ore mined - - - - - n/a n/a - 3,200 n/a
Ore processed 141,700 146,800 136,400 136,600 147,600 (4) % (3) % 561,500 581,300 (3) %
Ore grade processed - %Ni 1.57 1.60 1.52 1.51 1.71 (8) % (2) % 1.55 1.66 (7) %
Production 2,000 2,100 1,800 1,900 2,200 (9) % (5) % 7,800 8,600 (9) %
Total Nickel production((1)) 10,600 10,400 10,600 10,100 11,700 (9) % 2 % 41,700 43,500 (4) %
Sales volumes 10,400 11,700 9,800 10,200 11,700 (11) % (11) % 42,100 43,000 (2) %
(1) Excludes nickel production from the Platinum Group Metals business
unit.
(1)
Manganese
Manganese (000 t) Q4 Q4 Q4 2021 vs. Q4 2020 Q3 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2020 2021 2021 2020
Manganese ore((1)) 835 942 (11) % 1,004 (17) % 3,683 3,520 5 %
Manganese alloys((1)(2)) - 15 n/a - n/a - 81 n/a
(1) Saleable production.
(2) Production includes medium carbon ferro-manganese.
Manganese ore production decreased by 11% to 834,600 tonnes, primarily due to
planned lower yield from the area mined and the impact of Covid-19 related
disruptions at the Australian operation.
There was no manganese alloy production as the South African smelter has been
on care and maintenance since the Covid-19 lockdown in 2020. During Q4 2021,
an agreement was entered into to divest the Metalloys business and that
transaction is expected to complete during 2022.
Manganese (tonnes) Q4 Q3 Q2 Q1 Q4 Q4 2021 vs. Q4 2020 Q4 2021 vs. Q3 2021 2021 vs. 2020
2021 2021 2021 2021 2020 2021 2020
Samancor production
Manganese ore((1)) 834,600 1,003,600 940,500 904,500 942,400 (11) % (17) % 3,683,200 3,520,000 5 %
Manganese alloys((1)(2)) - - - - 14,600 n/a n/a - 80,500 n/a
Samancor sales volumes
Manganese ore 940,200 947,200 980,200 878,200 936,800 0 % (1) % 3,745,800 3,529,100 6 %
Manganese alloys - - - 670 24,500 n/a n/a 670 103,400 n/a
(1) Saleable production.
(2) Production includes medium carbon ferro-manganese.
(2)
Exploration and evaluation
Exploration and evaluation expenditure increased by 26% to $102 million.
Exploration expenditure increased by 47% to $47 million driven, by increased
activity in copper, nickel, PGMs and iron ore, reflecting recovery from the
Covid-19 disruptions in Q4 2020, in most drilling locations. Evaluation
expenditure increased by 12% to $55 million, with increased spend in PGMs and
metallurgical coal.
Corporate and other activities
During the second half of the year we completed our $100 million donation to
the Anglo American Foundation as a special endowment to fund sustainability
projects, this will be reported in our central costs for the year.
Following the demerger of the South Africa thermal coal operations on 4 June
2021, full year underlying EBITDA for these operations will be equivalent to
the reported first half EBITDA of $101m.
The sale of Anglo American's 33% interest in Cerrejón was announced on 28
June 2021, and has subsequently completed on 11 January 2022 following receipt
of the relevant regulatory approvals. The agreement is effective on 31
December 2020 and, therefore, economic benefits from 1 January 2021 until
completion have not accrued to Anglo American.
Full year underlying EBITDA for Anglo American's share of Cerrejón will be
equivalent to the reported first half EBITDA of $87m. The second half EBITDA
will be reported in Special items and remeasurements (Note 8 in the Annual
Report), rather than underlying earnings. Dividends received from Cerrejón
will be reported in "Dividends from associates and joint ventures"((1)).
Furthermore, the purchase consideration for our interest in Cerrejón was
subject to completion adjustments, which included an adjustment for dividends
paid by Cerrejón to Anglo American during the period after 31 December 2020
to the completion date of 11 January 2022.
In our investor update presentation on 10 December 2021, we indicated that
dividends paid to non-controlling interests for 2021 were equal to ~$2.8bn.
(1) In the Net Debt reconciliation table, the dividends received in H2 2021
will be included in "other net debt movements".
For more information on Anglo American's announcements during the period,
please find links to our Press Releases below:
• 29 Oct 2021 | Sets ambition to halve Scope 3 emissions by 2040
(https://www.angloamerican.com/media/press-releases/2021/29-10-2021)
• 3 Nov 2021 | Appoints Duncan Wanblad as Chief Executive to succeed Mark
Cutifani (https://www.angloamerican.com/media/press-releases/2021/03-11-2021)
• 5 Nov 2021 | Aims for carbon neutral shipping by 2040
(https://www.angloamerican.com/media/press-releases/2021/05-11-2021)
• 24 Nov 2021 | Rough diamond sales value for De Beers' ninth sales cycle of
2021 (https://www.angloamerican.com/media/press-releases/2021/24-11-2021)
• 10 Dec 2021 | Confirms 2021 guidance and value accretive 35% growth over
next decade
(https://www.angloamerican.com/media/press-releases/2021/10-12-2021a)
• 10 Dec 2021 | Upgrades scope of Woodsmith polyhalite fertiliser project to
optimise long term value
(https://www.angloamerican.com/media/press-releases/2021/10-12-2021a)
• 13 Dec 2021 | Anglo American and Aurizon look to hydrogen-powered trains
in Queensland
(https://www.angloamerican.com/media/press-releases/2021/13-12-2021)
• 22 Dec 2021 | Rough diamond sales value for De Beers' tenth sales cycle of
2021 (https://www.angloamerican.com/media/press-releases/2021/22-12-2021)
• 28 Dec 2021 | Anglo American discussions with Vale to potentially jointly
develop the Serpentina iron ore resource
(https://www.angloamerican.com/media/press-releases/2021/28-12-2021)
• 11 Jan 2022 | Completes sale of shareholding in Cerrejón mine
(https://www.angloamerican.com/media/press-releases/2022/11-01-2022)
•
Notes
• This Production Report for the quarter ended 31 December 2021 is
unaudited.
• Production figures are sometimes more precise than the rounded numbers
shown in this Production Report.
• Copper equivalent production shows changes in underlying production
volume. It is calculated by expressing each product's volume as revenue,
subsequently converting the revenue into copper equivalent units by dividing
by the copper price (per tonne). Long-term forecast prices are used, in order
that period-on-period comparisons exclude any impact for movements in price.
• Please refer to page 16 for information on forward-looking statements.
In this document, references to "Anglo American", the "Anglo American Group",
the "Group", "we", "us", and "our" are to refer to either Anglo American plc
and its subsidiaries and/or those who work for them generally, or where it is
not necessary to refer to a particular entity, entities or persons. The use of
those generic terms herein is for convenience only, and is in no way
indicative of how the Anglo American Group or any entity within it is
structured, managed or controlled. Anglo American subsidiaries, and their
management, are responsible for their own day-to-day operations, including but
not limited to securing and maintaining all relevant licences and permits,
operational adaptation and implementation of Group policies, management,
training and any applicable local grievance mechanisms. Anglo American
produces group-wide policies and procedures to ensure best uniform practices
and standardisation across the Anglo American Group but is not responsible for
the day to day implementation of such policies. Such policies and procedures
constitute prescribed minimum standards only. Group operating subsidiaries are
responsible for adapting those policies and procedures to reflect local
conditions where appropriate, and for implementation, oversight and monitoring
within their specific businesses.
For further information, please contact:
Media Investors
UK UK
James Wyatt-Tilby Paul Galloway
james.wyatt-tilby@angloamerican.com paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8718
Marcelo Esquivel Juliet Newth
marcelo.esquivel@angloamerican.com juliet.newth@angloamerican.com
Tel: +44 (0)20 7968 8891 Tel: +44 (0)20 7968 8830
Katie Ryall Michelle Jarman
katie.ryall@angloamerican.com michelle.jarman@angloamerican.com
Tel: +44 (0)20 7968 8935 Tel: +44 (0)20 7968 1494
South Africa
Nevashnee Naicker
nevashnee.naicker@angloamerican.com
Tel: +27 (0)11 638 3189
Sibusiso Tshabalala
sibusiso.tshabalala@angloamerican.com
Tel: +27 (0)11 638 2175
Notes to editors:
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
Forward-looking statements and third-party information:
This announcement includes forward-looking statements. All statements other
than statements of historical facts included in this announcement, including,
without limitation, those regarding Anglo American's financial position,
business, acquisition and divestment strategy, dividend policy, plans and
objectives of management for future operations (including development plans
and objectives relating to Anglo American's products, production forecasts and
Ore Reserves and Mineral Resource estimates) and environmental, social and
corporate governance goals and aspirations, are forward-looking statements. By
their nature, such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Anglo American, or industry results, to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements.
Such forward-looking statements are based on numerous assumptions regarding
Anglo American's present and future business strategies and the environment in
which Anglo American will operate in the future. Important factors that could
cause Anglo American's actual results, performance or achievements to differ
materially from those in the forward-looking statements include, among others,
levels of actual production during any period, levels of global demand and
commodity market prices, mineral resource exploration and development
capabilities, recovery rates and other operational capabilities, safety,
health or environmental incidents, the effects of global pandemics and
outbreaks of infectious diseases, the outcome of litigation or regulatory
proceedings, the availability of mining and processing equipment, the ability
to produce and transport products profitably, the availability of
transportation infrastructure, the impact of foreign currency exchange rates
on market prices and operating costs, the availability of sufficient credit,
the effects of inflation, political uncertainty and economic conditions in
relevant areas of the world, the actions of competitors, activities by courts,
regulators and governmental authorities such as in relation to permitting or
forcing closure of mines and ceasing of operations or maintenance of Anglo
American's assets and changes in taxation or safety, health, environmental or
other types of regulation in the countries where Anglo American operates,
conflicts over land and resource ownership rights and such other risk factors
identified in Anglo American's most recent Annual Report. Forward-looking
statements should, therefore, be construed in light of such risk factors and
undue reliance should not be placed on forward-looking statements.
These forward-looking statements speak only as of the date of this
announcement. Anglo American expressly disclaims any obligation or undertaking
(except as required by applicable law, the City Code on Takeovers and Mergers,
the UK Listing Rules, the Disclosure and Transparency Rules of the Financial
Conduct Authority, the Listings Requirements of the securities exchange of the
JSE Limited in South Africa, the SIX Swiss Exchange, the Botswana Stock
Exchange and the Namibian Stock Exchange and any other applicable regulations)
to release publicly any updates or revisions to any forward-looking statement
contained herein to reflect any change in Anglo American's expectations with
regard thereto or any change in events, conditions or circumstances on which
any such statement is based. Nothing in this announcement should be
interpreted to mean that future earnings per share of Anglo American will
necessarily match or exceed its historical published earnings per share.
Certain statistical and other information about Anglo American included in
this announcement is sourced from publicly available third-party sources. As
such, it has not been independently verified and presents the views of those
third parties, though these may not necessarily correspond to the views held
by Anglo American and Anglo American expressly disclaims any responsibility
for, or liability in respect of, such information.
Legal Entity Identifier: 549300S9XF92D1X8ME43
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCPPUCCGUPPPGQRecent news on Anglo American
See all newsREG - Morgan Stanley & Co. Anglo American PLC - Form 8.5 (EPT/RI)- Replacement of Anglo
AnnouncementREG - Morgan Stanley & Co. Anglo American PLC - Form 8.5 (EPT/RI)- Replacement of Anglo American
AnnouncementREG - State Street Global BHP Group Limited Anglo American PLC - Form 8.3 - Anglo American plc
AnnouncementREG - State Street Global Anglo American PLC BHP Group Limited - Form 8.3 - BHP Group Limited
AnnouncementREG - BlackRock Group Anglo American PLC - Form 8.3 - Anglo American plc
Announcement