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1 FUTURESMART MINING

Managing through the Cycle, Investing for the Future — FutureSmart Mining™

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Page 1: Managing through the Cycle, Investing for the Future — FutureSmart Mining™

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FUTURESMARTMINING™

Page 2: Managing through the Cycle, Investing for the Future — FutureSmart Mining™

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WHO WE ARE AT A GLANCEAnglo American is a globally diversified mining business

• Our portfolio of world-class competitive mining operations and undeveloped resources provides the raw materials to meet the growing

consumer-driven demands of the world’s developed and maturing economies.

Diamonds (De Beers)

Platinum Group Metals (PGMs)

Copper

Iron Ore & Manganese

Nickel

Coal

• We have a rich heritage of technology and innovation that spans 100 years.

Page 3: Managing through the Cycle, Investing for the Future — FutureSmart Mining™

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MINING IS ON THE CUSP OF GAME-CHANGING INNOVATION

Driven by increasingly critical challenges

• safety

• productivity

• sustainability...

…and unprecedented opportunity for those prepared to take a fresh approach

Page 4: Managing through the Cycle, Investing for the Future — FutureSmart Mining™

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A NEW PARADIGM

Waste

Ore

Cu

Water

Energy

1t

1t

4%

3m3

10kWhr

24t

8t

0.5%

6m3

160kWhr

Waste

Ore

Cu

Water

Energy

1900 2017

40kg Cu

Future

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atin

SUSTAINABLE VALUE THROUGH INNOVATION

INNOVATION MUST CREATE SHARED, SUSTAINABLE VALUE ACROSS THE ENTIRE MINING ECOSYSTEM

STAKEHOLDERS

• Local

• National

• Global

• Consumer demand

• Global markets

• Responsible sourcing

• Land use

• Licence to operate

• Safety

• Water

• Energy

• Ore depletion

• Tailings

• Dust

• Acid rock damage

Explore

Local: Staff, Suppliers

National/Regional: NGOs, Governments, Faith Groups

Global: Customers, Multilaterals, Shareholders

ProcessMineMove & Market

VALUE

CHAIN

ISSUES

& IMPACTS

• Social

• Environment

• Governance

• Climate Change

• Biodiversity

• Responsible divestment

• Societal expectations

Close or divest

Sustainability Strategy Framework

CRITICAL FOUNDATIONS

Operational excellence Innovation

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FUTURESMART™ IS REDEFINING THEMINING INNOVATION CYCLE

CREATING SHARED VALUE THROUGH THE SMART ADAPTATION AND APPLICATION OF TECHNOLOGY

Consider entire value chain. 3 lenses:

• Sustainability (water, energy)

• Processing

• Mining

GRASP CHALLENGES

IDEATE

• Open Forums

• Internal participation

• Open and collaborative

CONSOLIDATE

• Technology Programmes

• Value defined

• Balance delivery over time

DELIVER

• Rapid delivery cycles (SmartPath)

• Learning plans

• SmartBox

VALUE IDENTIFICATION

COLLABORATION

FAST, ITERATIVE EXECUTION

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THE CONCENTRATED MINEPrecisely targeting the metal and mineral with less waste

Moving and

processing only

the mineral / metal

VISION

CHALLENGE

Precision mining with minimal

energy, water and capital

intensity

APPROACH

Concentrate the mine™ concept:

• Improved mine fragmentation

• Rejecting the worthless rock

(gangue) earlier

• Coarse particle recovery

Fine particle recovery

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THE WATERLESS MINEWaterless processing

Dry processing

without the need

for tailings dams

VISION

CHALLENGE

Around 75% of our current

portfolio is located in high-

water-risk regions

APPROACH

• Closed Loop water recycling

• Evaporation control

• Dry tailings disposal

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MODERN MINETransforming hard rock mining

CHALLENGE

Precise, continuous mining at

depth

APPROACH

• Adapt disruptive technologies

• Mechanise existing methods

• Continuous hard rock cutting and

materials movement

A safer, more

economic mine

VISION

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THE INTELLIGENT MINEA smart, connected, learning mine

APPROACH

• Predictive exploration and

processing analytics

• Predictive condition-based

monitoring and maintenance

CHALLENGE

To measure what matters – at

all levels

Predictive

intelligence (from

sensor to

boardroom)

VISION

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INNOVATION AND OUR APPROACH TO SUSTAINABILITY

SHARED SUSTAINABLE VALUE

Broad innovative thinking

Enabling technologies

Thriving

Communities

Reduced

Footprint

Trusted Partner

SOCIAL ENVIRONMENTAL

GOVERNANCE

Collaborative partnerships

CRITICAL FOUNDATIONS

Sustainability Strategy Framework Operational excellence

FUTURESMART MINING™

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INNOVATION AND NEW WAYS OF WORKING

Source: The future of work: A journey to 2022, PWC. Deloitte Millennial Survey 2015. Five ways work will change in the future. The Guardian. Nov 2015.

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THANK YOU

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FUTURESMARTMINING™