Mining Business Overview

ATTRACTIVE GREENFIELD AND BROWNFIELD OPTIONS Long life greenfields and fast returning brownfields Our share: From: Quellaveco (Copper) APPROVED $2.7bn to $2.8bn¹ +180ktpa 2022 ~4 year payback >15% IRR >50% margin Marine Namibia (Diamonds) APPROVED ~$0.2bn +0.5Mctpa 2022 ~3 year payback >25% IRR >60% margin Woodsmith (Crop Nutrients)² APPROVED ~$3.3bn² +10Mtpa Mogalakwena expansion (PGMs) Optimisation of development timeline and design ongoing -2021 Studies ongoing, expected ~500koz PGMs, 2025 Sishen (Kumba Iron Ore) -2021 Studies ongoing Collahuasi Phase 1 (Copper) -2021 ~$0.6bn +50ktpa Collahuasi Phase 2 (Copper) 2023/24 ~4 year payback >20% IRR >50% margin ~2024 Moranbah-Grosvenor (Met Coal) Studies underway for next stage expansion; potential up to +100ktpa from 2028 ~2022 $0.3bn to $0.4bn +4-6Mtpa³ 2024 3-4 year payback >30% IRR Technology & Innovation >50% margin ONGOING $0.2bn to $0.5bn pa multiple options - rapid payback, high profitability, sustainability benefits 1. 23 2. Attributable share post syndication proceeds. Project capex approved prior to acquisition in March 2020, subject to optimisation of development timeline and design post acquisition. Not included in capex guidance after 2021. 3. Initial stage of upgrade work completed in 2019, increasing capacity by ~1 Mtpa, remaining capacity increase 3-5Mtpa. AngloAmerican 31

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