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Anglo American’s Grosvenor coal on-board in first sale

03 March, 2015

Anglo American’s flagship Grosvenor metallurgical coal project hit another milestone this month with the first coal sale loaded on the MV Spring Aeolian bound for India.

On 7th February, just over 19,000 tonnes of Grosvenor’s coal product was shipped after being transported from the site in Moranbah to Dalrymple Bay Coal Terminal near Mackay, a 195km journey. The Grosvenor product was part of approximately 78,000 tonnes of Moranbah North Hard Coking coal loaded on-board the MV Spring Aeolian which is now on a 22 day voyage to India.

This coal sale came about through the Grosvenor team’s outstanding efforts in establishing the underground roadways, conveyors and mining panels as they prepare for the longwall mining machinery installation. Following the tunnel boring machine breakthrough earlier this month, the longwall is expected to be in full mining production in 2016.

Head of Marketing and Sales Metallurgical Coal Rod Elliott said Grosvenor’s first coal sale added to Anglo American’s high quality product portfolio from our Queensland operations.

“Our $1.95b investment in Grosvenor is the cornerstone of our asset portfolio and growth, and seeing the first commercial benefits from our investment is a very important achievement,” Rod said.

“I’d like to congratulate all the team members who have contributed to this milestone; the teams from Grosvenor site, the Moranbah Coal Handling and Preparation Plant and the Brisbane Integrated Coal Chain, for getting the coal from the Grosvenor underground operation loaded on the MV Spring Aeolian.

“Congratulations as well to the Marketing and Sales team in Singapore for securing the sale to a highly valued customer.

“I look forward to seeing many more of Grosvenor’s milestones achieved on the way to full production in 2016.” Rod said.

ENDS

Contact: Jacqui Strambi – 0439 774 526

Notes to editors:

Anglo American is a global and diversified mining business that provides the raw materials essential for economic development and modern life. 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 bulk commodities and base metals to precious metals and diamonds (through De Beers) – to our customers around the world. Our diversified portfolio of products spans the economic development cycle and, as a responsible miner, we are the custodians of 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. Our mining operations, growth projects and exploration and marketing activities extend across southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com.au