Chief Executive Cynthia Carroll presented at the Deutsche Bank BRICS Metals and Mining Conference in London.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel ConferenceAnglo American
We aim to deliver a future with real and sustainable value. Read our presentation as delivered by Cynthia Carroll, Chief Executive, Anglo American, at the Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel Conference.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
Chief Executive Cynthia Carroll presented at the UBS European Conference in London.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
You are viewing presentations from conferences that I have attended. Please enjoy & if we can help you with any logistics projects in the Americas please contact me at 678.364.3475
Bill was also on the Board of Directors for the St.Vincent DePaul Foodbank in Roseville California helping with the fund raising and meals to the poor program. While based in Northern California he was successful in fund raising programs for the Crusade of Mercy and helped Father Dan Madigan at the Sacramento Food Bank also. For 2008, Bill is a member of the Board for WORKTEC on also an Advisory Board Member for Boys and Girls Club for Metro Atlanta-Clayton County Chapter. See www.worktec.biz or www.bgcma.org . Bill is also on the Board of Directors for the Southeastern Warehouse Association & represents Georgia for 2010-2012.
Regards,
Bill Stankiewicz
Vice President and General Manager
Shippers Warehouse
Email: williams@shipperswarehouse.com
www.shipperswarehousega.com
http://www.linkedin.com/in/billstankiewicz2006
http://twitter.com/BillStankiewicz
http://www.topexecutivesnet.com/index.aspx
Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel ConferenceAnglo American
We aim to deliver a future with real and sustainable value. Read our presentation as delivered by Cynthia Carroll, Chief Executive, Anglo American, at the Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel Conference.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
Chief Executive Cynthia Carroll presented at the UBS European Conference in London.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
You are viewing presentations from conferences that I have attended. Please enjoy & if we can help you with any logistics projects in the Americas please contact me at 678.364.3475
Bill was also on the Board of Directors for the St.Vincent DePaul Foodbank in Roseville California helping with the fund raising and meals to the poor program. While based in Northern California he was successful in fund raising programs for the Crusade of Mercy and helped Father Dan Madigan at the Sacramento Food Bank also. For 2008, Bill is a member of the Board for WORKTEC on also an Advisory Board Member for Boys and Girls Club for Metro Atlanta-Clayton County Chapter. See www.worktec.biz or www.bgcma.org . Bill is also on the Board of Directors for the Southeastern Warehouse Association & represents Georgia for 2010-2012.
Regards,
Bill Stankiewicz
Vice President and General Manager
Shippers Warehouse
Email: williams@shipperswarehouse.com
www.shipperswarehousega.com
http://www.linkedin.com/in/billstankiewicz2006
http://twitter.com/BillStankiewicz
http://www.topexecutivesnet.com/index.aspx
TALAT Lecture 1100.01: Introduction: Aluminium, a Light MetalCORE-Materials
This lecture provides basic information about the history of aluminium, the principles behind the production of primary metal, environmental properties, potential applications, areas of application. The lecture is recommended for those situations, where a brief, general background information about aluminium is needed as an introduction of other subject areas of aluminium application technologies. This lecture is part of the self-contained course "Aluminium in Product Development", which is treated under TALAT lectures 2100.
Objective Capital's Rare Earths, Speciality & Strategic Metals Investment Summit 2011
Ironmongers' Hall, City of London
17 March 2011
Speaker: Peter Willis, Oakdene Hollins
Vilka grundämnen är behovet störst av i världen? För vilka metaller har utvinningen ökat under de senaste 30 åren? Och hur stora summor satsas på prospektering i Afrika gentemot resten av världen? Detta går Dr. Patrice Christman från BRGM in mer på i detalj.
TALAT Lecture 1100.01: Introduction: Aluminium, a Light MetalCORE-Materials
This lecture provides basic information about the history of aluminium, the principles behind the production of primary metal, environmental properties, potential applications, areas of application. The lecture is recommended for those situations, where a brief, general background information about aluminium is needed as an introduction of other subject areas of aluminium application technologies. This lecture is part of the self-contained course "Aluminium in Product Development", which is treated under TALAT lectures 2100.
Objective Capital's Rare Earths, Speciality & Strategic Metals Investment Summit 2011
Ironmongers' Hall, City of London
17 March 2011
Speaker: Peter Willis, Oakdene Hollins
Vilka grundämnen är behovet störst av i världen? För vilka metaller har utvinningen ökat under de senaste 30 åren? Och hur stora summor satsas på prospektering i Afrika gentemot resten av världen? Detta går Dr. Patrice Christman från BRGM in mer på i detalj.
Mark Cutifani’s presentation at the 2020 BofA Global Metals, Mining & Steel C...Anglo American
Anglo American Chief Executive, Mark Cutifani, presents an overview of how Anglo American is “Delivering through volatile times” at Bank of America’s annual Global Metals, Mining and Steel Conference.
A summary of 2018's financial and operation performance delivered by Mark Cutifani, Chief Executive, and Stephen Pearce, Finance Director, to the market on 21st February 2019.
Thanks to the encouraging results delivered by our people, Anglo American is now more robust, with a stronger balance sheet and more competitive cost structure around a world class diversified asset base.
Snam 2023-27 Industrial Plan - Financial Presentation
Anglo American: Deutsche Bank BRICS Metals and Mining Conference
1. DEUTSCHE BRICS METALS AND
MINING CONFERENCE
Cynthia Carroll, Chief Executive
2 November 2011
2. CAUTIONARY STATEMENT
Disclaimer: This presentation has been prepared by Anglo American plc (“Anglo American”) and comprises the written materials/slides for a presentation concerning Anglo
American. By attending this presentation and/or reviewing the slides you agree to be bound by the following conditions.
This presentation is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy shares in Anglo American. Further, it does not constitute
a recommendation by Anglo American or any other party to sell or buy shares in Anglo American or any other securities. All written or oral forward-looking statements attributable to
Anglo American or persons acting on their behalf are qualified in their entirety by these cautionary statements.
Forward-Looking Statements
This presentation includes forward-looking statements. All statements other than statements of historical facts included in this presentation, including, without limitation, those
regarding Anglo American’s financial position, business and acquisition strategy, plans and objectives of management for future operations (including development plans and
objectives relating to Anglo American’s products, production forecasts and reserve and resource positions), are forward-looking statements. 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 commodit y market prices, mineral resource exploration and
development capabilities, recovery rates and other operational capabilities, the availability of mining and processing equipment, the ability to produce and transport products
profitably, 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 governmental authorities such as 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 presentation. Anglo American expressly disclaims any obligation or undertaking (except as required
by applicable law, the City Code on Takeovers and Mergers (the “Takeover Code”), the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Services Authority,
the Listings Requirements of the securities exchange of the JSE Limited in South Africa, the SWX 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 presentation 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 presentation is sourced from publicly available third party sources. As such it presents the views of
those third parties, but may not necessarily correspond to the views held by Anglo American.
No Investment Advice
This presentation has been prepared without reference to your particular investment objectives, financial situation, taxation position and particular needs. It is important that you view
this presentation in its entirety. If you are in any doubt in relation to these matters, you should consult your stockbroker, bank manager, solicitor, accountant, taxation adviser or other
independent financial adviser (where applicable, as authorised under the Financial Services and Markets Act 2000 in the UK, or in South Africa, under the Financial Advisory and
Intermediary Services Act 37 of 2002.).
2
3. A CONSISTENT STRATEGY AND SIMPLIFIED
ORGANISATION DELIVERING RESULTS
Well diversified portfolio(1) Improving productivity performance(3)
Diamonds Iron Ore 150
& Manganese Copper
11% 140
26% 130
Kumba
Platinum 23% 120
110 Met Coal
11% Platinum
Met Coal 100
2%
Nickel 11% 90
16%
Thermal Coal 80
Copper
2008 2009 2010 Q1 Q2
11 11
Structurally attractive commodities(2) Delivering commodity positions in
China’s share of global consumption 2010 (%) lower half of cost curves(4)
0% 20% 40% 60% 80% 100%
Met Coal 62%
2008
Iron Ore 54% Export Iron Ore 2011
Steel 41% Export Hard 2008
Coking Coal 2011
Copper 38%
2008
Nickel 33% Copper 2011
Platinum 25%
Nickel(5) 2011
Palladium 21%
Thermal Coal 2009
11% Platinum 2011
Imports
(1) Core revenue split (2) Source: AME, Brook Hunt - a Wood Mackenzie company, Johnson Matthey. Thermal Coal represents share of internationally traded market, nickel and
copper represent share of world mined production (3) Productivity based on material moved, mined or processed per operational headcount, excluding projects. Kumba refers to 3
Sishen only (4) Source: AME, Brook Hunt - a Wood Mackenzie company, Anglo American Platinum. Represents % of attributable production in lower half of the cost curve (5) In 2008
all Nickel operations in H2
4. MATERIAL GROWTH IN THE SHORT AND LONG TERM
220 >100%
200
180
Indexed production growth (2010 = 100)
>65%
160
>35%
140
120
Continuing to
100 Nickel Existing invest in
Future growth
Copper operations Near term exploration
options
80 & approved approvals and
projects restocking the
PGM pipeline
60
40 Met Coal
20 Thermal Coal
Iron Ore
0
2010 2014 Medium term Future options
growth
Indexed production growth charts exclude Diamonds, Manganese, niobium and phosphates as at 29 July 2011.
4
5. MOVING TO INDUSTRY LEADING COST POSITIONS
Export Hard
Copper Nickel Platinum Export Iron Ore
Coking Coal
100%
80% 2nd
half
cost
60% curve
40%
1st
half
20% cost
curve
0%
2008 2015 2008 2015 2009 2015 2008 2015 2008 2015
Anglo American Platinum cost curve based on internal estimates; all other data sourced from 3 rd party data providers. Source: AME, Brook Hunt - a Wood Mackenzie
company, Anglo American Platinum 5
6. LONG TERM DEMAND GROWTH REMAINS HEALTHY
Chinese Regional Urbanisation(1) 2009 China’s expected growth 2010 to 2018
Heilongjiang
Truck output 100%
Jilin
Inner
Mongolia Liaoning
Xinjiang
Huang River
Beijing Car output 85%
Tianjin
Hebei
Shanxi
Qinghai Shandong
Ningxia
Gansu Jiangsu
Urban floor space 84%
Shaanxi Henan
Anhui
Tibet Shanghai
Hubei
Chongqing
Sichuan
Zhejiang
Yangtze River
Hunan
Jiangxi
Steel for ship building 82%
Guizhou Fujian
Xun River
Yunnan Guangdong
Guangxi Hong Kong
Macau
Expressways (Km) 78%
>80% 70%-80% Hainan
60%-70% 50-60%
<50%
(1) The analysis excludes Taiwan. Source: NBS, CEIC, Anglo American Analysis 6
7. SET TO BENEFIT FROM THE SHIFT
IN COMMODITIES DEMAND
Chinese share of global demand
60%
Nickel
50% Copper
40% Finished Steel
Light duty vehicles
30%
20%
Polished diamonds
10%
0%
2000 2005 2010 2015 2020
Source: Anglo American Commodity Research
7
8. SUPPLY CONSISTENTLY UNDER DELIVERS
Infrastructure project delays Copper industry grade declines, Copper mine
a long term downward trend underperformance ‘04 – ‘11e
3 1.7 9.0
1.6 8.0
2 2 ? 2010
1.5 7.0
planned
Copper grade Cu %
2 6.0
1.4
Years
5.0
1.3
4.0
1 1.2
1 3.0
1.1
2.0
1.0 1.0
0 0.9 0.0
DBCT 7X Northern RBCT Oakajee 1990 2000 2010 2020 2004 2005 2006 2007 2008 2009 2010 2011
Missing Port &
Link Rail
Pit Walls Strikes Technical Ramp-up
Weather Grades Other
Source: Anglo American, Brook Hunt - a Wood Mackenzie Company
8
9. FUTURE SUPPLY WILL BE IMPACTED
BY INCREASING CAPITAL INTENSITY
$ per t/yr Cu
25,000
Conc Producers
SxEw
Annual Prod Scale kt/yr Cu
20,000
Projects Under Construction
Projects Probable
15,000
10,000,
30
5,000
15
5
0
1980 1985 1990 1995 2000 2005 2010 2015 2020 2025
Source: Brook Hunt – Wood Mackenzie
9
10. STRATEGIC PROJECT MANAGEMENT APPROACH
Delivering four longwalls in the same region offers fantastic synergy
Project Delivery Our Approach Target Outcomes Benefits
Objectives
Project Cost
Planned growth profile 1. One standard Longwall Progressive engineering 120%
100%
requires a project that: & CHPP design & management efficiencies 80%
& cost reductions 60%
• Achieves lower 40%
20%
capital costs 2. Partnerships with Joy Reduced delivery 0%
Mining Machinery & lead times 1 2 3 4
• Provides greater Hatch
schedule Start-up Time
120%
predictability Strategic equipment
3. Standard organisation sourcing
100%
80%
• Reduces risk structures & integrated 60%
resourcing 40%
• Enhances AAMC’s Construction safety and 20%
0%
public profile and productivity gains
4. Integrated community 1 2 3 4
corporate engagement and
reputation management Improved production ramp-up Operability
115%
(Moranbah 2020) and operability
• Enhances SHEC 110%
105%
outcomes
5. Dedicated port terminal Team continuity and 100%
95%
of 30 Mt performance
90%
1 2 3 4
Number of Longwalls
10
11. DELIVERING VALUE FROM A CONSISTENT STRATEGY
• Consistent strategy and simple organisational Operational improvements realised across businesses
structure delivering results Indexed productivity(2) (2008 = 100)
150
Copper
• Comprehensive improvements undertaken 140
over the last three years 130
Kumba
• Delivering on key near-term growth projects,
120
110 Met coal
major volume growth is under way Platinum
100
• Operations moving down the cost curve 90
• Longer term fundamentals remain unchanged 80
2008 2009 2010 Q1 11 Q2 11
• Supply challenges and increasing capital Material growth in the short and long term
intensity underpinned longer term Indexed production growth (2010 = 100)
220
>100%
fundamentals 200
180 >65%
• Strategic project management is a key enabler 160 >35%
140
for future projects delivery 120 Existing
Near term Future
operations
100 & approved
approvals growth
• Anglo American is well placed to deliver future 80
60
projects
($16bn) options
growth 40
20
0
2010 2014 Medium term Future options
growth
(1) 100% basis (2) Productivity based on material moved, mined or processed per operational headcount, excluding projects. Kumba refers to Sishen only 11