Anglo American Plc · LSE:AAL

Anglo American — Anglo American Platinum — Technical Presentation (November 2016)

19 slides from Anglo American's technical presentation, Nov 24, 2016

  1. Slide 1: Anglo American Site Visit: Processing & Polokwane Smelter - Platinum

    PLATINUM ANGLO AMERICAN SITE VISIT PROCESSING & POLOKWANE SMELTER - PLATINUM 24 NOVEMBER 2016 Miss South Africa Platinum Crown 2013 - 2015

  2. Slide 2: Cautionary Statement

    CAUTIONARY STATEMENT Disclaimer: This presentation has been prepared for Anglo American Platinum Limited and the entities in the Anglo American Platinum group (“Anglo American Platinum”) and comprises the written materials/slides for a presentation concerning Anglo American Platinum. By attending th

  3. Slide 3: Overview of Processing Operations

    OVERVIEW OF PROCESSING OPERATIONS 3

  4. Slide 4: Operational Flow Chart

    OPERATIONAL FLOW CHART Mining Concentrating Smelting Refining Products Magnetic Underground Open Pit Polokwane Concentration Plant (MCP) Core Core Waterval Ni Cu Co • Amandelbult • Mogalakwena Mortimer • Unki Cobalt Sodium • Mototolo (JV) Chrome Sulfate sulfate • Modikwa (JV) • BRPM (JV) Base Metals

  5. Slide 5: PGM Processing

    PGM PROCESSING Own and operate world class processing assets  PGM processing consists of concentration, smelting and refining – concentrators are always co-located and linked with mining  Major PGM producers integrated in a resource driven value chain – smelting, base and precious metal refining c

  6. Slide 6: An Integrated Business Mine to Market

    AN INTEGRATED BUSINESS MINE TO MARKET Processing integral to extracting greater value Marketing & Traditional value Processing Mining Market Customers chain (smelting & refining) Development Marketing & Resource driven Mining and processing Market Customers value chain Development Customer driven Mi

  7. Slide 7: Evolving Role of Process Assets

    EVOLVING ROLE OF PROCESS ASSETS The repositioned portfolio increases third party volume processed Changing profile of refined platinum production (Moz)  Historically JVs provided access to AAP processing through purchase of 2.5 concentrate (POC) agreements 2.4 - Agreements structured to contribute

  8. Slide 8: Smelting Operations

    SMELTING OPERATIONS Operating assets are underpinned by a sound rebuild and maintenance strategy  Maintenance strategy developed according to industry best practice with continuous monitoring  Major furnace rebuilds (including hearth replacements) are planned for all furnaces  Side and end wall r

  9. Slide 9: Operational Excellence - BMR

    OPERATIONAL EXCELLENCE – BMR Operating assets are underpinned by a sound rebuild and maintenance strategy  The Rustenburg Base Metals Refinery Process Operator at Nickel Tank house brownfield expansion initiated in 2011 – Added 10.9ktpa nickel capacity – Capital cost of c.R 2.7bn (c.$180m) – Allowe

  10. Slide 10: Precious Metals Refinery

    PRECIOUS METALS REFINERY World’s largest precious metals refinery  The Precious Metals Refiners is the world’s largest refiner of Platinum Group Metals (PGMs), supplying a network of global customers with a range of products  The PMR is the last stage in the processing chain of PGMs, based in Rust

  11. Slide 11: Focus on Polokwane Smelter

    FOCUS ON POLOKWANE SMELTER 11

  12. Slide 12: Focus on Polokwane Smelter

    FOCUS ON POLOKWANE SMELTER Polokwane is a world class PGM smelter with many innovative design features  Polokwane smelter has the Flash Dryers biggest platinum furnace in the industry by a factor of two Design Capacity  It is designed to smelt concentrate Design Capacity 78 tph from Eastern & Nort

  13. Slide 13: Safety Performance

    SAFETY PERFORMANCE Effective safety strategy has resulted in superior safety performance Lost time injuries frequency rate (per 200,000 hrs)  Safety strategy, driven from top-down 1.1 – High performing people – Effective processes & systems 0.6 – Plant, equipment and smelting process 0.4 0.4 0.2 

  14. Slide 14: Complexity of PGM Processing

    COMPLEXITY OF PGM PROCESSING Platinum smelting is unique and complex due to harsh process requirements  High operating temperatures required Typical operating slag temperatures (°C) – Chrome and Magnesium oxides found in PGM concentrate PGMs slag average 1,545  Limited choice to use electric arc f

  15. Slide 15: Design Innovation

    DESIGN INNOVATION Platinum smelting is unique and complex due to harsh process requirements  Furnace lining was historically lined with copper Original copper cooler – waffle design – Easily corroded – Reduced operating time of the furnace  This led to development of new technology to address the

  16. Slide 16: Operational Excellence

    OPERATIONAL EXCELLENCE Design changes complemented by operational practices to further exploit capacity  Management of shutdowns Hot smelter rebuild at Polokwane smelter – Hot-shutdowns to reduce furnace growth (ratchetting) – see bottom right – Furnace rebuilds times reduced by c.40% – Furnace reb

  17. Slide 17: Operational Excellence - Productivity

    OPERATIONAL EXCELLENCE - PRODUCTIVITY Furnace improvements to meet design capacity of 650kt per annum Furnace annual throughput (kt) Indexed Specific Energy Consumption 700 100.0 1,200 600 95.0 1,050 500 90.0 900 85.0 750 400 80.0 600 300 75.0 450 200 70.0 300 100 65.0 150 - 60.0 - 2009 2010 2011 20

  18. Slide 18: Conclusion

    CONCLUSION  Polokwane Smelter is a world class smelting facility  Custom built operation to execute Northern Limb strategy  Excellent safety performance with 2016 YTD LTIFR and TRCFR of zero  Competitive advantage through in-house and partner driven innovations and operational excellence  Safet

  19. Slide 19: Platinum Q&A

    PLATINUM Real Mining. Real People. Real Difference.

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