Anglo American Plc · LSE:AAL
Anglo American — Bank of America Conference 2025
9 slides from Anglo American's conference presentation, May 13, 2025
Slide 1: Bank of America – Duncan Wanblad
Bank of America Duncan Wanblad 13 May 2025
Slide 2: Cautionary statement
[OFFICIAL] Bank of America Conference 2025 Cautionary statement Disclaimer: This document has been prepared by Anglo American plc (“Anglo American”) and comprises the written materials/slides should, therefore, be construed in light of such risk factors and undue reliance should not be placed on for
Slide 3: Delivering our strategy
[OFFICIAL] Bank of America Conference 2025 Delivering our strategy Operational excellence Portfolio simplification Growth Reset mine plans Focus on copper, Outstanding & organisation design premium iron ore growth potential across & crop nutrients the three businesses Creating a leading, future-enab
Slide 4: Operational excellence embedding valuable stability & underpinning cost-effective production
[OFFICIAL] Bank of America Conference 2025 Operational excellence embedding valuable stability & underpinning cost-effective production Operational excellence at Minas-Rio Quarterly production at Minas-Rio Lack of stability Identifying & Predictable performance impacts planning, eliminating ‘instabi
Slide 5: Progressing at pace towards a simplified, more cash generative & resilient portfolio
[OFFICIAL] Bank of America Conference 2025 Progressing at pace towards a simplified, more cash generative & resilient portfolio 2024 pro-forma financials1 compared to current portfolio EBITDA margin2 Cash conversion3 ROCE4 43% 107% 18% 97% 30% 12% Reported Pro-forma Reported Pro-forma Reported
Slide 6: Unlocking value in our world class copper assets
[OFFICIAL] Bank of America Conference 2025 Unlocking value in our world class copper assets Copper growth to >1Mtpa5 World class copper assets kt Quellaveco ~105 Young mine with potential higher-grade core at depth from exploration results9 6 ~175 773 Collahuasi ~20 Collahuasi 0.96%TCu for 67-year r
Slide 7: Enhancing our premium iron ore portfolio
[OFFICIAL] Bank of America Conference 2025 Enhancing our premium iron ore portfolio Kumba – UHDMS project under way Integrating Minas-Rio & Serpentina Maximises product premium, Significantly larger endowment, higher improves cost competitiveness grade resource & softer friable ore11 Trebles premium
Slide 8: Clear strategic priorities unlocking full value potential
[OFFICIAL] Bank of America Conference 2025 Clear strategic priorities unlocking full value potential Immediate & ongoing Working at pace Longer term 1. Operational excellence 2. Portfolio simplification 3. Growth delivery Execution underpinned by our differentiated capabilities & disciplined approac
Slide 9: Footnotes
[OFFICIAL] Bank of America Conference 2025 Footnotes 1. 2024 pro-forma financials represent 2024 reported performance of the retained business, adjusted for the incremental $0.5bn of Corporate cost savings, reflecting the cost of the ongoing Corporate business supporting the retained businesses, nor