Title: ANGLO AMERICAN
1ANGLO AMERICAN CHINA A NEW WORLD September
2004
2Anglo Industrial Minerals
Anglo Ferrous and Industries
Anglo Paper and Packaging
Anglo Base Metals
Anglo Gold
Anglo Platinum
Anglo Coal
Base
Metals
De Beers
100
51
74,9
100
100
100
100
100
45
3Location
4 More than 60 years involvement with
China Committed to - developing world class
capabilities in China - positively
contributing to local communities Expertise to
maximize efficiency of natural resources with
highest sustainable development standards
5History
1950s
First business contacts made De Beers
industrial diamonds to Chinese customers
1987
De Beers begins trial advertising on TV to
promote diamond jewellery in China
1987
MD of De Beers visits Beijing and meets Vice
Premier ZOU Jiahua and State Councillor GAN Ziyu
1994
Tarmac begins operations in China
1997
Meeting with Vice Minister JIANG Chengsong in
Beijing to discuss base metal and gold exploration
1997
Boart Longyear establishes JV factory in Wuxi to
produce drilling equipment
6History
2002
Meeting with Premier ZHU Rongji in
Johannesburg Anglo opens representative office
in Beijing
2003
Anglo Coal opens representative office in
Beijing Anglo American acquires controlling
interest in Kumba Resources Paper
and Packaging acquires paper product factories
in Guangdong Tarmac acquires Huzhou limestone
quarry in Zhejiang
7History
2004
AngloGold opens representative office in
Beijing Neusiedler opens representative
office in Shanghai Anglo CEO visits
China Anglo Coal signs contract to explore for
coal in Xiwan province
8Sales
Anglo American sales to China 2002
US700m 2003 US 1bn Products include
- Platinum group metals jewellery and
autocatalys - Iron ore - Copper, lead,
zircon, zinc oxide - Coal - Gold - Diamonds
- Industrial sacks - Drilling tools
- Asphalt
9Operations
Anglo Coal
Office in Beijing Exploration of Xiwan coal
lease with Shaanxi Coalfield Geology
Bureau Ongoing discussions
Anglo Gold Ashanti
Office in Beijing In contact with provincial
geological bureaus and domestic
enterprises Assessing gold potential, business
environment and potential partnerships
10Operations
Anglo Platinum (74,9)
Ongoing discussions Valuable pgm market
Tarmac (Industrial Minerals)
3 asphalt production companies in
Shanghai Aggregates plant in Zhejiang
production from September 2004
11Operations
Boart Longyear (mining and drilling services)
Plant in Wuxi (110km north west of Shanghai)
produces hard rock drilling consumables and
tungsten carbide products 50 export, 50
domestic sales Partner China Geological
Machinery and Instruments Industry Corporation
12Operations
Anglo Paper and Packaging
Frantschach - major customer Shi Jing,
Guangdong province, produces 60m industrial
paper sacks for cement industry from 3
plants Nieusiedler - opens Shanghai office
this year - focus on sales of premium and
speciality papers into China - looking for
investment opportunities in existing production
assets
13Operations
Exploration
Main opportunities in nickel Looking for right
project Building relationships with central
government agencies
Kumba Resources
Zinc refinery in Inner Mongolia US10m
investment in Qingdao Port Sells US130m of
iron ore to China each year
De Beers
Membership of Shanghai Diamond Exchange for
rough and polished
14Operations
Anglo Base Metals
No value adding opportunities at present Focus on
selling copper cathode and copper
concentrates Relationship with Minmetals, a major
state controlled metals trading company 2003
first trial shipment of lead and copper
concentrates to China from Black Mountain 2004
26,000 Mt of lead and copper concentrates
contracted for delivery to Chinese buyers