Minas-Rio Project Overview

ⒶAngloAmerican MINAS-RIO Minas-Rio is one of our four major strategic growth projects. As part of our Iron Ore Brazil portfolio, the Minas-Rio project is a Tier One resource and is expected to significantly enhance Anglo American's position in the highly attractive global seaborne iron ore market. GLOBAL STAINLESS STEEL CONSUMPTION 8.4 14.2 . FACT SHEET - SEPTEMBER 2011 OUR COMMODITY Iron ore is the main raw material used to make steel, the most widely used of all metals. • China is the world's principal steelmaker, where crude steel production for 2010 was 626 million tonnes. • Anglo American is the world's fourth largest iron ore producer, with large high quality resource bases in South Africa and Brazil. • In 2010, our total iron ore output was 47.4 million tonnes. In 2010, global crude steel production returned to above pre- 2008 levels, at 1.4 billion tonnes, an increase of 17% on 2009. MINAS-RIO The Minas-Rio iron ore project is located in the states of Minas Gerais and Rio de Janeiro in Brazil and will include an open pit mine and a beneficiation plant producing high grade pellet feed. The $5 billion project is expected to produce 26.5 million tonnes per annum. • Significant expansion potential is supported by the 2010 resource estimate of 5.3 billion tonnes (Measured, Indicated and Inferred), with exploration work continuing to identify further resource upside. • The pellet feed will be transported through a new slurry pipeline, over 500 km in length, to the Port of Açu in the state of Rio de Janeiro. First production at Minas-Rio is forecast during the second half of 2013. % 26 Automotive Architecture Catering utensils and domestic appliances 2010 World total: 26 MT 38.7 Process and 12.8 other industries Others and unallocated Source: Brook Hunt - a Wood Mackenzie company The new pipeline installation, Minas-Rio, Brazil

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