Anglo American Plc · LSE:AAL
Anglo American — Corporate Update (September 2004)
14 slides from Anglo American's corporate update, September 2004
Slide 1: Anglo American: China: A New World
ANGLO AMERICAN CHINA : A NEW WORLD September 2004
Slide 2: Anglo American
Anglo American Anglo Anglo Anglo Anglo Anglo Anglo De Beers Anglo Metals Base Base Industrial Ferrous and Paper and Gold Platinum Coal Metals 100% Minerals Industries Packaging 51% 74,9% 45% 100% 100% 100% 100% 100%
Slide 3: Location
BCD Location CE ae Anglo American Group and affiliates’ offices and operations in China Xinjiang Ofte DaBesns UT, oftces: Being Shanghel Inner Mongolia Guangdong Hong Kong ‘aslo Areran pc Represenive Of Diarand Trading Companys Dimond Promotion Service Ofiee Kuba Resources Cg Zine Salar] auerfeed Co
Slide 4: More than 60 years involvement with China
More than 60 years involvement with China Committed to : - developing world class capabilities in China - positively contributing to local communities Expertise to maximize efficiency of natural resources with highest sustainable development standards
Slide 5: History
History 1950’s First business contacts made – De Beers industrial diamonds to Chinese customers 1987 De Beers begins trial advertising on TV to promote diamond jewellery in China 1987 MD of De Beers visits Beijing and meets Vice Premier ZOU Jiahua and State Councillor GAN Ziyu 1994 Tarmac begins ope
Slide 6: History
History 2002 Meeting with Premier ZHU Rongji in Johannesburg Anglo opens representative office in Beijing Anglo Coal opens representative office in Beijing 2003 Anglo American acquires controlling interest in Kumba Resources Paper and Packaging acquires paper product factories in Guangdong Tarmac ac
Slide 7: History
History 2004 AngloGold opens representative office in Beijing Neusiedler opens representative office in Shanghai Anglo CEO visits China Anglo Coal signs contract to explore for coal in Xiwan province
Slide 8: Sales
Sales Anglo American sales to China : 2002 : US$700m 2003 : US$ 1bn Products include : - Platinum group metals – jewellery and autocatalys - Iron ore - Copper, lead, zircon, zinc oxide - Coal - Gold - Diamonds - Industrial sacks - Drilling tools - Asphalt
Slide 9: Operations: Anglo Coal, Anglo Gold Ashanti
Operations Anglo Coal Office in Beijing Exploration of Xiwan coal lease with Shaanxi Coalfield Geology Bureau Ongoing discussions Anglo Gold Ashanti Office in Beijing In contact with provincial geological bureaus and domestic enterprises Assessing gold potential, business environment and potential p
Slide 10: Operations: Anglo Platinum, Tarmac
Operations Anglo Platinum (74,9%) Ongoing discussions Valuable pgm market Tarmac (Industrial Minerals) 3 asphalt production companies in Shanghai Aggregates plant in Zhejiang – production from September 2004
Slide 11: Operations: Boart Longyear
Operations Boart Longyear (mining and drilling services) Plant in Wuxi (110km north west of Shanghai) produces hard rock drilling consumables and tungsten carbide products 50% export, 50% domestic sales Partner: China Geological Machinery and Instruments Industry Corporation
Slide 12: Operations: Anglo Paper and Packaging
Operations Anglo Paper and Packaging Frantschach - major customer Shi Jing, Guangdong province, produces 60m industrial paper sacks for cement industry from 3 plants Nieusiedler - opens Shanghai office this year - focus on sales of premium and speciality papers into China - looking for investment op
Slide 13: Operations: Exploration, Kumba Resources, De Beers
Operations Exploration Main opportunities in nickel Looking for right project Building relationships with central government agencies Kumba Resources Zinc refinery in Inner Mongolia US$10m investment in Qingdao Port Sells US$130m of iron ore to China each year De Beers Membership of Shanghai Diamond
Slide 14: Operations: Anglo Base Metals
Operations Anglo Base Metals No value adding opportunities at present Focus on selling copper cathode and copper concentrates Relationship with Minmetals, a major state controlled metals trading company 2003 : first trial shipment of lead and copper concentrates to China from Black Mountain 2004 : 2