Anglo American Plc · LSE:AAL
Anglo American — Bank of America conference 2023
11 slides from Anglo American's conference presentation, May 16, 2023
Slide 1: Duncan Wanblad, 16 May 2023
AngloAmerican Bank Duncan Wanblad 16 May 2023
Slide 2: Cautionary statement
Cautionary statement Disclaimer: This document has been prepared by Anglo American plc (“Anglo American”) and comprises the written placed on forward-looking statements. These forward-looking statements speak only as of the date of this document. Anglo materials/slides for a presentation concerning
Slide 3: Diversified portfolio balancing returns & growth
Diversified portfolio balancing returns & growth Underpinned by a strong balance sheet from which we deliver sustainable returns for our stakeholders 40% payout Diamonds Copper base, through the cycle dividend Nickel PGMs Bulks Crop Nutrients ~25% growth over the next decade1 Anglo American 3
Slide 4: Supplying the world's needs and wants
Supplying the world’s needs and wants Steelmaking Diamonds Decarbonisation Coal High quality Copper Improving living Iron Ore standards Manganese Crop Nickel Nutrients PGMs Food security Anglo American 4
Slide 5: FutureSmart Mining integrates innovative technology, digitalisation and sustainability
FutureSmart MiningTM integrates innovative technology, digitalisation and sustainability Technology & digitalisation Sustainable mining plan Delivering sustainable outcomes nuGenTM zero emission haulage Envusa Energy: South Africa renewables Los Bronces integrated water solution Anglo American 5
Slide 6: Track record of delivering growth: Quellaveco
Track record of delivering growth: Quellaveco +300kt On time ~$2bn copper & budget EBITDA 2 3 in the middle of the pandemic Anglo American 6
Slide 7: Attractive organic growth opportunities
Attractive organic growth opportunities >90% capex +25% allocated to future-enabling products +10% +5% 2022 2023F 2024F ~2032F Growth vs 20221 Anglo American 7
Slide 8: Copper: Organic options to grow to >1Mtpa
Copper: Organic options to grow to >1Mtpa 1 +300ktpa +150ktpa +100ktpa 2 1 1 Quellaveco greenfield Collahuasi brownfield Sakatti greenfield with further brownfield options from Quellaveco expansion and Los Bronces underground 1 Anglo American 8
Slide 9: Woodsmith: a portfolio cornerstone for the future
Woodsmith: a portfolio cornerstone for the future >40 years 4 +3-5% crop yields Low carbon 13Mtpa 5 Q1 cost curve Organic Anglo American 9
Slide 10: Diversified portfolio balancing returns & growth
Diversified portfolio balancing returns & growth Underpinned by a strong balance sheet from which we deliver sustainable returns for our stakeholders 40% payout Diamonds Copper base, through the cycle dividend Nickel PGMs Bulks Crop Nutrients ~25% growth over the next decade1 Anglo American 10
Slide 11: Footnotes
Footnotes 1. Copper equivalent production is calculated including the equity share of De Beers’ production and using long-term consensus parameters. Future production levels are indicative and subject to further studies and final approval, see Cautionary Statement slide. 2. Expected average over fir