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Kumba's results for the six months ended 30 June 2018

24 July, 2018

CONTINUED SAFETY, PRODUCTIVITY AND EFFICIENCY GAINS

Key Features

  • Safety performance improved:
    • Remain fatality free
    • High potential incidents reduced by 77%
  • Productivity and efficiency increases:
    • Product quality at 64.5% Fe
    • Production up by 3% to 22.4 Mt
    • Realised cost savings of R415 million
    • Break-even price of US$46/tonne
  • Well positioned to continue delivering sustainable shareholder returns:
    • Headline earnings of R3 billion
    • Strong balance sheet with net cash of R11.7 billion
    • Interim cash dividend of R14.51 per share
  • Challenging operating environment:
    • Iron Ore Export Channel derailments
    • Market volatility

For further information, please contact:

Investors   Media
Penny Himlok
[email protected]
Tel: +27 12 622 8324
Mobile: +27 82 781 1888
  Sinah Phochana
[email protected]
Tel: +27 12 683 7019
Mobile: +27 76 066 0655

Notes to editors:

Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape Province. Kumba exports iron ore to customers in a range of geographical locations around the globe including China, Japan, Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.com

Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world’s developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com

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