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At Anglo Platinum's Mogalakwena open pit in South Africa, a water cannon suppresses dust during ore loading operations.

A world class asset portfolio

Anglo American has a world class asset portfolio with an extensive resource base that is complemented by brownfield expansions and a strong pipeline of approved projects.

  • It owns many Tier 1* assets, being among the largest and highest quality producing mines of their respective commodities, characterised by economies of scale, expandable resource bases and attractive industry cost positions.
  • Anglo American's extensive resource base is expected to continue to deliver attractive growth options from mine life extensions, brownfield expansions and greenfield projects. Across its core mining portfolio, the Group's mines have sufficient resources to support current production levels for at least 20 years.
  • Many of Anglo American's operations produce high quality products. For example, Sishen produces one of the best quality iron ore lump products globally. Minas Rio's high iron content (>68%) and low levels of impurities mean that it will produce the highest quality pellet feed ore in the market. Anglo American also has a strong presence in all major seaborne metallurgical coal products, with more than 60% of production being premium hard coking coal.
  • Furthermore, Anglo American's attractive cost curve position allows for more stable production and sustainable margins, thus enhancing Anglo American's profitability through the cycle in its core commodity markets.
A Tier 1 asset is defined as a large, expandable, long life (>20 years) mine with favourable mineralogy and geographic location and in the lower half of the cost curve.


China's share of world production and consumption (2009E-2013E Aggregate)

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Annual Report 2009