Wrap Text
PGMs Production Report for the second quarter ending 30 June 2024
Anglo American Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
("The Company" or "Anglo American Platinum")
18 July 2024
Anglo American Platinum Limited
PGMs Production Report for the second quarter ending 30 June 2024
Overview – Q2 2024 performance against prior period Q2 2023
• Safety performance - we tragically experienced two work-related fatalities at Dishaba Mine (part of Amandelbult complex)
during the quarter. Total recordable injury frequency rate (TRIFR) increased by 2% to 1.48 per million hours worked at own
operations compared to the prior period.
• Total Platinum Group Metals (PGMs) production (expressed as 5E+Au metal-in-concentrate) decreased by 2% to 921,000
ounces.
• Own-managed mines PGM production increased by 9% compared to Q1 2024, however decreased by 3% to 547,200 ounces
when compared to the prior period.
• Purchase of PGM concentrate (POC) decreased by 2%1 to 373,800 ounces.
• Refined PGMs production (owned production, excluding tolling) increased by 7% to 1,153,500 due to the release of work-in-
progress inventory compared to the same period last year.
• PGMs sales volumes (from production, excluding sales from trading) increased by 14% to 1,266,100 ounces, supported by
higher refined production and a draw-down of finished goods.
• Guidance for 2024 is unchanged. Metal-in-concentrate PGM production and refined production guidance remains at 3.3-3.7
million ounces. Cash operating unit cost guidance is R16,500-R17,500 per PGM ounce and we are targeting an all-in sustaining
cost (AISC) of below US$1,050 per 3E ounce.
1 On a like-for-like basis to include 100% of Kroondal volumes in the comparative period.
Craig Miller, CEO of Anglo American Platinum, said:
"We had an improved performance in the second quarter and we continue to make good progress in the reconfiguration of our
business. However, it is with great regret that we report two tragic work-related fatalities at Dishaba Mine on 7 June. Our
deepest condolences go out to the families, friends, and colleagues of Mr. Tshepiso Terrence Mokale and Mr. Euzmen Ndlebe.
This incident occurred during a period when we have been making significant safety advancements across Anglo American
Platinum and serves as a blunt reminder that we can never become complacent about workplace safety. We remain steadfast in
our commitment to ensuring the safety of our workforce every day.
"Our operational excellence initiatives are yielding encouraging results. Own mine metal-in-concentrate (M&C) production
increased by 9% quarter on quarter, and compared to the previous year, refined production and sales have risen by 7% and
14%, respectively. Our guidance for 2024 remains unchanged. I look forward to sharing more insights on our performance when
we release our Interim Results on 22 July".
Anglo American Platinum Q2 2024 Q2 2024 H1 2024
PGM Production Report - Q2 2024 Q2 Q1 Q4 Q3 Q2 vs vs H1 H1 vs
2024 2024 2023 2023 2023 Q2 2023 Q1 2024 2024 2023 H1 2023
M&C PGM production1 adjusted for Kroondal2 921.0 834.1 932.2 1,029.6 943.1 (2) % 10 % 1,755.1 1,844.3 (5) %
Own mined volume 3 547.2 504.3 579.8 607.9 561.8 (3) % 9 % 1,051.5 1,097.8 (4) %
Purchase of concentrate (POC)4 373.8 329.8 352.4 421.7 381.3 (2) % 13 % 703.6 746.5 (6) %
M&C PGM production1 921.0 834.1 932.2 1,029.6 943.1 (2) % 10 % 1,755.1 1,844.3 (5) %
Own mined volume - as previously published 547.2 504.3 595.7 665.8 612.7 (11) % 9 % 1,051.5 1,198.7 (12) %
Purchase of concentrate - as previously published 373.8 329.8 336.5 363.8 330.4 13 % 13 % 703.6 645.6 9 %
Refined PGM production owned5 1,153.5 628.0 1,191.1 909.7 1,073.8 7 % 84 % 1,781.5 1,699.8 5 %
4E Toll refined production 132.9 160.2 175.1 159.8 139.6 (5) % (17) % 293.1 285.7 3 %
Total refined production (owned and toll) 1,286.4 788.2 1,366.2 1,069.5 1,213.4 6 % 63 % 2,074.6 1,985.5 4 %
PGM sales volume from production 5 1,266.1 707.5 1,166.2 951.8 1,108.7 14 % 79 % 1,973.6 1,807.3 9 %
Trading sales volume 6 2,092.4 1,200.1 1,050.3 1,220.9 1,153.0 81 % 74 % 3,292.5 2,065.2 59 %
Total sales volume (production and trading) 3,358.5 1,907.6 2,216.5 2,172.7 2,261.7 48 % 76 % 5,266.1 3,872.5 36 %
Numbers are independently rounded and minor variances might be present when performing additions, subtractions and calculations.
1 M&C refers to metal in concentrate. Ounces refer to troy ounces. PGMs consists of 5E + gold (platinum, palladium, rhodium, ruthenium and iridium plus gold).
2 Restated for prior periods to exclude Kroondal from mined volume and to include all prior period data for Kroondal as Purchase of concentrate. Kroondal was a 50% joint
operation until 1 November 2023. Up until this date, the 50% equity share of production was presented under 'Own mined' production and the remaining 50% of production that
Anglo American Platinum purchased, was presented under 'Purchase of concentrate'. Upon the disposal of our 50% interest, Kroondal transitioned to a 100% third-party POC
arrangement, whereby 100% of production will be presented under 'Purchase of concentrate: Third parties' until it transitions to a toll arrangement, expected at the end of H2
2024.
3 PGM production from Mogalakwena, Amandelbult, Mototolo, Unki and 50% attributable production from joint operation Modikwa.
4 PGM production from third parties, 100% production of Kroondal and 50% purchased from joint operation Modikwa.
5 Refined and sales volumes owned by Anglo American Platinum referencing its annual guidance i.e. excluding toll refining volumes.
6 Trading sales volume - relates to sales of metal not produced by Anglo American Platinum operations.
Review of the quarter
Safety
Anglo American Platinum remains committed to eliminating fatalities; however, we sadly experienced a tragic fatal incident at
Dishaba Mine. On Friday 7 June, Mr. Tshepiso Terrence Mokale and Mr. Euzmen Ndlebe lost their lives in an ore pass related
incident. A Section 54 was issued on all drop-raise and site preparation blasting activities at Dishaba Mine by the Department of
Mineral Resources and Energy (DMRE) and all similar workplaces were stopped with immediate effect until such time that all
hazards related to this work have been thoroughly reevaluated. A full investigation of the circumstances behind the incident is
currently underway and immediate lessons learned from this tragedy have been promptly shared across the business as part of
our immediate call to action. We are implementing measures to prevent any recurrence in future.
Total recordable injury frequency rate (TRIFR) increased by 2% to 1.48 per million hours at our operations, up from 1.45 per
million hours in the previous period.
Metal-in-concentrate (M&C) PGM production
Total PGM production
Total PGM production in Q2 2024 decreased by 2% against the prior period (Q2 2023), to 921,000 ounces. However, it marked a
10% increase from Q1 2024, reflecting early-stage progress in the operational excellence efforts at Amandelbult.
PGM production from own mines
Although PGM production from our own mines increased by 9% to 547,200 ounces compared to Q1 2024, this was a 3% decrease
compared to prior period, primarily due to lower output from Mototolo, Mogalakwena and Unki, partly offset by increased
production at Amandelbult.
Mototolo PGM production decreased by 14% to 66,300 ounces largely attributed to difficult ground conditions as Lebowa shaft
reaches its end of life, which was compounded by a shortage of specialised skills. However, the introduction of a new seven-day
mining shift cycle at the end of the first quarter had a positive contribution on mining volumes and has partially mitigated against
the production shortfalls. Concurrently, the Der Brochen project, focused on replacing infrastructure closures at Lebowa, is
progressing in the execution phase, with meaningful production anticipated to ramp up in 2025.
Mogalakwena's production decreased by 4% to 232,600 ounces due to the blending of planned low-grade ore stockpiles as the
new bench cut sequence progressed during the quarter, extracting higher waste tonnes in the short term. Grades are expected
to increase in the second half of the year, and the full-year grade is expected to be within the guided range of 2.7 - 2.9g/t. The
Mogalakwena North Concentrator's primary mill experienced an electrical failure on 1 July 2024 with repairs and mitigation plans
underway and expected to be largely complete by end of July 2024. It is expected that this may have a ~5% impact on
Mogalakwena M&C production in 2024.
Unki production decreased by 7% to 54,700 ounces due to mining through a planned lower-grade section. Despite the lower
grades, adjustments in stope width are anticipated to restore grades to normalised levels in the second half of the year.
PGM production from Amandelbult increased by 7% to 157,600 ounces driven by higher throughput from underground
infrastructures and improved grades resulting from operational efficiencies, although this was partially offset by metallurgical
challenges at the plant. Following the two fatalities, Amandelbult imposed stoppages across the mine, in addition to complying
with the Section 54 issued by the DMRE, to ensure that there are no repeats of the fatalities and lessons learned are
embedded. It is anticipated that the stoppages will have a ~5% impact on the mine's 2024 M&C production.
Modikwa production (50% own-mined) increased by 3% to 36,000 ounces due to higher grades.
Purchases of PGM concentrate
On a like-for-like basis, to include 100% of Kroondal volumes in the comparative period, purchase of concentrate volumes
decreased by 2% to 373,800 ounces, reflecting lower receipts from third parties, as well as the planned ramp-down at Kroondal.
This was partially offset by higher production from the Modikwa joint venture (the 50% POC).
Refined PGM production
Refined PGM production (from owned production, excluding tolling) increased by 7% to 1,153,500 ounces driven by the release
of work-in-progress inventory compared to the same period last year.
Toll refined PGM production decreased by 5% to 132,900 PGM ounces for the quarter.
There was no Eskom load-curtailment during the quarter.
Base metal production
Nickel production increased by 20% to 7,300 tonnes and copper production increased by 18% to 4,600 tonnes due to higher
throughput following the release of work-in-progress inventory.
PGM sales volumes
PGM sales volumes (excluding trading) increased by 14% to 1,266,100 ounces, supported by higher refined production and a
draw-down of finished goods.
The average Q2 2024 realised basket price of $1,419/PGM ounce was 18% (or 20% in ZAR terms) lower than Q2 2023,
predominantly due to a 37% lower rhodium price and 31% lower palladium price.
2024 guidance
Production guidance for 2024 for M&C2 and refined production2 is unchanged and is expected to be 3.3-3.7 million PGM ounces,
subject to the impact of Eskom load curtailment. We are on track to deliver on our cost-out programme. The H1 2024 cash
operating unit cost is expected to be ~R18,300 per PGM ounce due to lower production in the first half of the year. The continued
business configuration initiatives in the second half of 2024, supplemented by further cost savings and a step-up in production
will enable the achievement of the 2024 cash operating unit cost guidance of R16,500-R17,500 per PGM ounce and a targeted
all-in sustaining cost (AISC) of below US$1,050 per 3E ounce.
The productivity and operational excellence initiatives (including the employee restructuring process) announced in February are
well advanced and further details will be provided at our upcoming 2024 Interim Results.
2 Metal in concentrate (M&C) production by source is expected to be own mined of 2.1-2.3 million ounces and purchase of concentrate of 1.2-1.4 million ounces. The average
M&C split by metal is Platinum: ~45%, Palladium: ~35% and Other: ~20%.
Anglo American Platinum Q2 2024 Q2 2024 H1 2024
PGM Production Report - Q2 2024 Q2 Q1 Q4 Q3 Q2 vs vs H1 H1 vs
2024 2024 2023 2023 2023 Q2 2023 Q1 2024 2024 2023 H12023
Safety
Fatalities - own managed operations number 2 0 0 0 0 (100) % (100) % 2 0 (100) %
Total recordable injury frequency rate (TRIFR) /million hrs 1.48 1.88 1.88 1.32 1.45 2 % (21) % 1.66 1.58 5 %
Mined production - previously published
PGM ounces produced 000 ounces 547.2 504.3 595.7 665.8 612.7 (11) % 9 % 1,051.5 1,198.7 (12) %
Platinum 000 ounces 250.3 229.9 270.9 304.0 280.7 (11) % 9 % 480.2 546.2 (12) %
Palladium 000 ounces 197.1 185.2 218.0 231.3 216.7 (9) % 6 % 382.3 421.1 (9) %
Rhodium 000 ounces 30.9 27.9 33.3 41.5 36.0 (14) % 11 % 58.8 72.2 (19) %
Other PGMs 000 ounces 68.9 61.3 73.5 89.0 79.3 (13) % 12 % 130.2 159.2 (18) %
Tonnes milled 000 tonnes 6,142 5,921 6,249 6,808 6,574 (7) % 4 % 12,063 12,964 (7) %
4E built-up head grade1 g/t 3.17 3.05 3.35 3.29 3.15 1 % 4 % 3.11 3.11 —%
Mogalakwena
PGM ounces produced 000 ounces 232.6 219.5 265.3 246.8 242.4 (4) % 6 % 452.1 461.4 (2) %
Platinum 000 ounces 100.2 94.2 113.7 103.9 103.1 (3) % 6 % 194.4 194.0 —%
Palladium 000 ounces 106.1 100.4 122.1 113.5 111.2 (5) % 6 % 206.5 211.7 (2) %
Rhodium 000 ounces 6.3 6.2 7.4 7.7 7.1 (11) % 2 % 12.5 14.2 (12) %
Other PGMs 000 ounces 20.0 18.7 22.1 21.7 21.0 (5) % 7 % 38.7 41.5 (7) %
Tonnes milled 000 tonnes 3,483 3,515 3,418 3,485 3,427 2 % (1) % 6,998 6,753 4 %
4E built-up head grade1 g/t 2.60 2.45 3.00 2.75 2.70 (4) % 6 % 2.52 2.58 (2) %
Amandelbult
PGM ounces produced 000 ounces 157.6 127.1 149.9 184.9 147.9 7 % 24 % 284.7 299.4 (5) %
Platinum 000 ounces 80.5 65.4 76.3 93.9 75.7 6 % 23 % 145.9 151.9 (4) %
Palladium 000 ounces 36.9 30.0 35.4 43.6 34.3 8 % 23 % 66.9 69.3 (3) %
Rhodium 000 ounces 14.2 11.5 13.8 16.9 13.3 7 % 23 % 25.7 27.3 (6) %
Other PGMs 000 ounces 26.0 20.2 24.4 30.5 24.6 6 % 29 % 46.2 50.9 (9) %
Tonnes milled 000 tonnes 1,146 924 1,106 1,223 1,044 10 % 24 % 2,070 2,056 1 %
4E built-up head grade1 g/t 4.48 4.53 4.27 4.37 4.03 11 % (1) % 4.50 4.20 7 %
Mototolo
PGM ounces produced 000 ounces 66.3 61.9 66.5 76.1 77.4 (14) % 7 % 128.2 146.1 (12) %
Platinum 000 ounces 30.2 27.9 29.8 34.6 35.1 (14) % 8 % 58.1 66.7 (13) %
Palladium 000 ounces 19.6 18.5 19.9 22.6 22.9 (14) % 6 % 38.1 42.6 (11) %
Rhodium 000 ounces 5.4 5.0 5.3 6.1 6.2 (13) % 8 % 10.4 11.7 (11) %
Other PGMs 000 ounces 11.1 10.5 11.5 12.8 13.2 (16) % 6 % 21.6 25.1 (14) %
Tonnes milled 000 tonnes 617 559 603 685 705 (12) % 10 % 1,176 1,378 (15) %
4E built-up head grade1 g/t 3.42 3.52 3.47 3.49 3.48 (2) % (3) % 3.47 3.36 3 %
Unki
PGM ounces produced 000 ounces 54.7 62.8 61.8 60.5 59.0 (7) % (13) % 117.5 121.5 (3) %
Platinum 000 ounces 24.7 28.6 28.3 27.3 27.2 (9) % (14) % 53.3 55.6 (4) %
Palladium 000 ounces 21.1 24.3 23.4 22.6 22.8 (7) % (13) % 45.4 46.9 (3) %
Rhodium 000 ounces 2.4 2.8 2.7 2.9 2.5 (4) % (14) % 5.2 5.3 (2) %
Other PGMs 000 ounces 6.5 7.1 7.4 7.7 6.5 —% (8) % 13.6 13.7 (1) %
Tonnes milled 000 tonnes 609 654 666 615 623 (2) % (7) % 1,263 1,275 (1) %
4E built-up head grade1 g/t 3.30 3.49 3.39 3.54 3.44 (4) % (5) % 3.40 3.45 (1) %
Modikwa joint operation (AAP share)2
PGM ounces produced 000 ounces 36.0 33.0 36.3 39.6 35.1 3 % 9 % 69.0 69.5 (1) %
Platinum 000 ounces 14.7 13.8 15.1 16.2 14.5 1 % 7 % 28.5 28.3 1 %
Palladium 000 ounces 13.4 12.0 13.2 14.5 12.9 4 % 12 % 25.4 25.8 (2) %
Rhodium 000 ounces 2.6 2.4 2.7 3.0 2.6 —% 8 % 5.0 5.2 (4) %
Other PGMs 000 ounces 5.3 4.8 5.3 5.9 5.1 4 % 10 % 10.1 10.2 (1) %
Tonnes milled 000 tonnes 287 269 321 326 308 (7) % 7 % 556 606 (8) %
4E built-up head grade1 g/t 3.93 3.81 3.64 3.83 3.52 12 % 3 % 3.87 3.58 8 %
Kroondal joint operation (AAP share) 3
PGM ounces produced 000 ounces — — 15.9 57.9 50.9 (100) % (100) % 0.0 100.8 (100) %
Platinum 000 ounces — — 7.7 28.1 25.1 (100) % (100) % 0.0 49.7 (100) %
Palladium 000 ounces — — 4.0 14.5 12.6 (100) % (100) % 0.0 24.8 (100) %
Rhodium 000 ounces — — 1.4 4.9 4.3 (100) % (100) % 0.0 8.5 (100) %
Other PGMs 000 ounces — — 2.8 10.4 8.9 (100) % (100) % 0.0 17.8 (100) %
Tonnes milled 000 tonnes — — 135 474 467 (100) % (100) % 0 896 (100) %
4E built-up head grade1 g/t — — 3.22 3.57 3.35 (100) % (100) % 0.00 3.44 (100) %
Purchase of concentrate - previously published
PGM ounces produced 000 ounces 373.8 329.8 336.5 363.8 330.4 13 % 13 % 703.6 645.6 9 %
Platinum 000 ounces 173.9 154.0 158.0 171.9 156.3 11 % 13 % 327.9 307.6 7 %
Palladium 000 ounces 89.3 79.5 78.5 83.5 75.8 18 % 12 % 168.8 149.5 13 %
Rhodium 000 ounces 26.5 23.1 22.9 24.5 21.9 21 % 15 % 49.6 42.7 16 %
Other PGMs 000 ounces 84.1 73.2 77.1 83.9 76.4 10 % 15 % 157.3 145.8 8 %
Anglo American Platinum Q2 2024 Q2 2024 H1 2024
PGM Production Report - Q2 2024 Q2 Q1 Q4 Q3 Q2 vs vs H1 H1 vs
2024 2024 2023 2023 2023 Q2 2023 Q1 2024 2024 2023 H12023
Refined production owned
PGM ounces refined 000 ounces 1153.5 628.00 1191.1 909.7 1073.8 7 % 84 % 1,781.5 1699.8 5 %
Platinum 000 ounces 554.0 272.7 565.2 428.5 489.4 13 % 103 % 826.7 755.4 9 %
Palladium 000 ounces 372.5 206.4 400.0 285.5 352.6 6 % 80 % 578.9 583.1 (1) %
Rhodium 000 ounces 70.8 39.6 61.3 57.1 68.4 4 % 79 % 110.4 107.2 3 %
Other PGMs 000 ounces 156.2 109.3 164.6 138.6 163.4 (4) % 43 % 265.5 254.1 4 %
Nickel tonnes 7,300 4,700 7,000 5,400 6,100 20 % 55 % 12,000 9,400 28 %
Copper tonnes 4,600 3,300 4,000 3,100 3,900 18 % 39 % 7,900 6,600 20 %
Chrome 000 tonnes 249 199 265 265 232 7 % 25 % 448 443 1 %
Toll refining
PGM ounces refined 000 ounces 132.9 160.2 175.1 159.8 139.6 (5) % (17) % 293.1 285.7 3 %
Platinum 000 ounces 78.0 93.5 103.8 94.7 83.8 (7) % (17) % 171.5 169.3 1 %
Palladium 000 ounces 41.8 49.2 54.5 50.1 43.2 (3) % (15) % 91.0 87.2 4 %
Rhodium 000 ounces 11.0 15.1 14.1 12.7 10.1 9 % (27) % 26.1 24.1 8 %
Gold 000 ounces 2.1 2.4 2.6 2.4 2.4 (13) % (13) % 4.5 5.1 (12)%
Sales volume from production
PGM ounces 000 ounces 1266.1 707.50 1166.2 951.8 1108.7 14 % 79 % 1,973.6 1807.3 9 %
Platinum 000 ounces 583.8 282.0 554.2 441.8 503.1 16 % 107 % 865.8 792.7 9 %
Palladium 000 ounces 404.4 229.7 397.0 296.3 358.4 13 % 76 % 634.1 595.8 6 %
Rhodium 000 ounces 73.6 42.6 62.4 61.5 66.7 10 % 73 % 116.2 107.3 8 %
Other PGMs 000 ounces 204.3 153.2 152.6 152.2 180.5 13 % 33 % 357.5 311.5 15 %
Trading4
PGM ounces 000 ounces 2,092.4 1,200.1 1,050.3 1,220.9 1,153 81 % 74 % 3,292.5 2,065.2 59 %
Platinum 000 ounces 1,186.2 668.3 565.8 724.5 836.9 42 % 77 % 1,854.5 1,503.5 23 %
Palladium 000 ounces 728.5 450.7 417.7 421.5 243.7 199 % 62 % 1,179.2 428.9 175 %
Rhodium 000 ounces 49.9 6.1 6.9 14.6 12.4 302 % 718 % 56.0 32.8 71 %
Other PGMs 000 ounces 127.8 75.0 59.9 60.3 60.0 113 % 70 % 202.8 100.0 103 %
Realised metal, Fx and realised basket prices
Platinum (US$/oz) 1000 889 867 933 1,022 (2) % 12 % 964 1,008 (4) %
Palladium (US$/oz) 985 1,043 1,034 1,244 1,428 (31) % (6) % 1,006 1,532 (34) %
Rhodium (US$/oz) 4,651 4,563 4,498 4,453 7,427 (37) % 2 % 4,619 9,034 (49) %
Iridium (US$/oz) 4,573 4,841 4,782 4,347 4,435 3 % (6) % 4,705 4,369 8 %
Ruthenium (US$/oz) 343 362 388 400 419 (18) % (5) % 351 422 (17) %
Gold (US$/oz) 2,510 2,182 2,054 1,924 1,869 34 % 15 % 2,351 1,966 20 %
Average Fx achieved on sales ZAR/US$ 18.54 18.94 18.73 18.54 18.75 (1) % (2) % 18.68 18.34 2 %
US$ realised basket price (/PGM oz) 1,419 1,483 1,400 1,539 1,730 (18) % (4) % 1,442 1,885 (24) %
ZAR realised basket price (/PGM oz) 26,011 28,218 26,111 28,521 32,623 (20) % (8) % 26,802 34,764 (23) %
Numbers are independently rounded and minor variances might be present when performing additions, subtractions and calculations.
1 4E: the grade measured as the combined content of: platinum, palladium, rhodium and gold, excludes tolled material. Minor metals are excluded due to variability.
2 Modikwa is a 50% joint operation. The 50% equity share of production is presented under 'Own mined' production. Anglo American Platinum purchases the remaining 50% of
production, which is presented under 'Purchase of concentrate'.
3 Kroondal was a 50% joint operation until 1 November 2023. Up until this date, the 50% equity share of production was presented under 'Own mined' production and the remaining
50% of production, that Anglo American Platinum purchased, was presented under 'Purchase of concentrate'. Upon the disposal of our 50% interest, Kroondal transitioned to a
100% third-party POC arrangement, whereby 100% of production will be presented under 'Purchase of concentrate: Third parties' until it transitions to a toll arrangement,
expected at the end of H2 2024.
4 Trading sales volume - relates to sales of metal not produced by Anglo American Platinum operations.
Sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
For further information, please contact:
Investors: Media:
Theto Maake Keitumetse Masike
(SA) +27 (0) 83 489 5215 (SA) +27 (0) 66 484 0227
theto.maake@angloamerican.com keitumetse.masike @angloamerican.com
PlatinumIR@angloamerican.com
Marcela Grochowina
(SA) +27 (0) 82 400 3222
marcela.grochowina@angloamerican.com
PlatinumIR@angloamerican.com
Notes to editors:
Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum
group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting, and refining
operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo
American Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable
difference in the development of the communities around its operations.
www.angloamericanplatinum.com
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 copper, nickel, platinum group metals, diamonds (through De Beers), and premium quality iron
ore and steelmaking coal – 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
Date: 18-07-2024 08:00:00
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