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Ruben Fernandes appointed as CEO of Anglo American in Brazil

09 May, 2016

Anglo American announces the appointment of Ruben Fernandes as CEO of Anglo American in Brazil. In addition to his current role as CEO of Anglo American’s Nickel and Niobium & Phosphates businesses, Ruben Fernandes will also lead the Iron Ore Brazil business (Minas-Rio), with effect 20 June 2016.

Ruben Fernandes will continue to report to Duncan Wanblad (CEO of Base Metals & Minerals) in respect of the Nickel and Niobium & Phosphates businesses, whose divestment processes are progressing, and to Seamus French (CEO of Bulk Commodities) in relation to Iron Ore Brazil.

Pedro Borrego, who has served as Interim CEO of Iron Ore Brazil since November 2015 and was integral to the development and commissioning of the Minas-Rio operation over many years, will assist Ruben Fernandes with the transition over the coming months, prior to taking up a new role based at Anglo American’s London headquarters.

Duncan Wanblad, CEO of Base Metals & Minerals, said: “We congratulate Ruben Fernandes on his appointment to lead our Brazilian businesses. While we are currently progressing divestment processes for our Nickel and Niobium & Phosphates businesses, Ruben is well placed to provide leadership across Anglo American’s interests in Brazil.”

Seamus French, CEO of Bulk Commodities, added: “I thank Pedro Borrego for his enormous contribution to Minas-Rio throughout its development and initial ramp-up and for his leadership as Interim CEO, delivering greater operational stability and further operating cost reductions. We welcome Ruben Fernandes in what is a critical few years for Minas-Rio, in terms of both optimising the operation for the current iron ore price and the operation’s ongoing licensing requirements. Securing the necessary licences that underpin the full ramp-up over time will ensure the long term sustainability of Minas-Rio for all its stakeholders in Brazil and elsewhere.”

For further information, please contact:

Media Investors
UK UK
James Wyatt-Tilby Paul Galloway
Email: [email protected] Email: [email protected]
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8718
Marcelo Esquivel Edward Kite
Email: [email protected] Email:[email protected]
+44 (0)20 7968 8891 Tel: +44 (0)20 7968 2178
Pranill Ramchander Sheena Jethwa
Email:[email protected] Email:[email protected]
Tel: +27 (0)11 638 2592 Tel: +44 (0)20 7968 8680

Anglo American plc

Notes to editors:

Ruben Fernandes, age 50, has 28 years of experience in the mining industry. Prior to joining Anglo American in 2012, Ruben was head of mining at Votorantim Metals in Brazil, responsible for projects and exploration activities around the world, as well as operations in Peru and Colombia. Between 2009 and 2011, he was COO at Vale Fertilizers, responsible for the fertiliser operations, sales and marketing. Ruben was also CEO of Kaolin Companies – Pará Pigments and Cadam – two subsidiaries of Vale, between 2007 and 2009, and held various analysis, marketing and project roles in Vale’s Base Metals business which he joined in 1999. Between 1988 and 1998, he held several leadership roles in the special alloys industry. A graduate in Metallurgical Engineering from the Federal University of Minas Gerais, Ruben also holds an MBA from the University of São Paulo.

Anglo 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. Our people are at the heart of our business. It is our people who use the latest technologies to find new resources, plan and build our mines and who mine, process and move and market our products – from diamonds (through De Beers) to platinum and other precious metals and copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together with our key partners and stakeholders to unlock the long-term value that those resources represent for our shareholders, but also for the communities and countries in which we operate – creating sustainable value and making a real difference.

www.angloamerican.com

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