Our 2021
Interim Results
Strong market demand and operational resilience deliver underlying EBITDA of $12.1 billion
"The first six months of 2021 have seen strong demand and prices for many of our products as economies begin to recoup lost ground, spurred by stimulus measures across the major economies. Against a backdrop of ongoing Covid hardships in many countries, our commitment to do everything we can to help protect our people and communities stands firm. Our business is increasingly geared towards providing the future-enabling metals and minerals for a low carbon economy and to meet global consumer demand trends. Combined with our commitment to carbon neutrality across our operations by 2040, we are working to meet the expectations of our full breadth of stakeholders."
Mark Cutifani, Chief Executive
RESULTS HIGHLIGHTS | ||||||
Underlying EBITDA* | Net Debt | Attributable free cash flow* | ||||
$12.1bn | $2.0bn $5.4bn | |||||
+262% YoY | 0.1x underlying EBITDA | |||||
DELIVERING BENEFIT TO OUR STAKEHOLDERS | ||||||
Base dividend | Additional returns | Anglo American Foundation | ||||
$2.1bn | 50% | $100m | ||||
$2.0bn | Special dividend | special endowment. | ||||
Supporting projects | ||||||
50% | ||||||
Equal to $1.71 per share | aligned to the Sustainable | |||||
Mining Plan. | ||||||
Share buyback | ||||||
OUR QUELLAVECO COPPER MINE, LOCATED IN PERU,
REMAINS ON-TRACK FOR FIRST PRODUCTION IN 2022
Ore | Annual | Enough | Job | Quellaveco |
reserves: | production: | copper for: | creation: | Fund: |
c.1.3bn | c.300,000 | 90m | 2,500 | $10m |
tonnes at 0.57 TCU | tonnes of copper | electric vehicles | roles created during | 30 local community |
equivalent p/a over the | normal operation | projects financed | ||
mine's first ten years | since 2011 |
angloamerican.com
Terms with this symbol * are defined as Alternative Performance Measures (APMs).
For more information on the APMs used by the Group, including definitions, please refer to page 78 of the results press release.
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Anglo American plc published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 06:16:01 UTC.