Mark Cutifani, Chief Executive of Anglo American, said: “Our
overwhelming priority is the safety of our people, their families and
our host communities. We have taken extensive measures across our
business to help safeguard against the spread of COVID-19, while also
protecting the integrity of our assets to enable a swift return to
normal levels of operation when appropriate. The onset of varying
degrees of lockdown or distancing measures in a number of our operating
countries towards the end of the quarter, combined with the impact of
longwall moves in our Metallurgical Coal business, led to 4%(1) lower
production compared to the same period of 2019, despite continued strong
iron ore production at Minas-Rio.”
Kumba
- Production volumes were broadly unchanged at 9.4 million tonnes.
Sishen’s production increased by 2% to 6.6 million tonnes, while
production at Kolomela decreased by 7% to 2.9 million tonnes as
unfavourable weather conditions resulted in safety-related stoppages and
equipment reliability challenges.
Sales volumes were broadly unchanged at 10.7 million tonnes.
With sales ahead of production, stock was drawn down reducing finished
stock levels to 5.6 million tonnes from 6.6 million tonnes as at 31
December 2019.
Minas-Rio
- Production increased by 31% to 6.4 million tonnes, reflecting P101
productivity initiatives that have driven robust operational stability
and, in particular, processing performance.
Full Year Guidance
Kumba production guidance based on the current lockdown measures in
South Africa has been revised to 37- 39 million tonnes (previously
41.5-42.5 million tonnes), subject to the extent of further
COVID-19-related disruptions.
Minas-Rio production guidance is unchanged at 22-24 million tonnes,
subject to the extent of further COVID-19- related disruptions. The
planned one-month production stoppage to carry out routine internal
scanning of the pipeline, originally scheduled for Q2, has been
postponed to the second half of the year.
T1: Overview
|
Q1 2020 |
Q1 2019 |
Q1 2020 vs. Q1 2020 |
Q4 2019 |
Q1 2020 vs. Q4 2019 |
Iron ore – Kumba (000t) |
9,449 |
9,516 |
-1% |
11,806 |
-20% |
Iron ore – Minas-Rio (000t)(wet basis) |
6,424 |
4,910 |
31% |
6,164 |
4% |
T2: Iron Ore Production by Mines
Iron Ore (tonnes) |
Q1 2020 |
Q4 2019 |
Q3 2019 |
Q2 2019 |
Q1 2019 |
Q1 2020 vs. Q1 2019 |
Q1 2020 vs. Q4 2019 |
Kumba production |
9,449,300 |
11,806,100 |
10,521,300 |
10,544,000 |
9,516,300 |
-1% |
-20% |
Lump |
6,387,900 |
7,898,500 |
6,955,500 |
7,111,400 |
6,544,600 |
-2% |
-19% |
Fines |
3,061,400 |
3,907,600 |
3,565,800 |
3,432,600 |
2,971,700 |
3% |
-22% |
Kumba production by mine |
|
|
|
|
|
|
|
Sishen |
6,579,600 |
8,263,900 |
7,153,500 |
7,310,400 |
6,446,600 |
2% |
-20% |
Kolomela |
2,869,700 |
3,542,200 |
3,367,800 |
3,233,600 |
3,069,700 |
-7% |
-19% |
Kumba sales volumes |
10,683,500 |
10,469,400 |
10,153,800 |
10,471,900 |
10,878,600 |
-2% |
2% |
Export iron ore(1) |
10,331,900 |
10,237,100 |
9,670,200 |
9,755,600 |
10,130,600 |
2% |
1% |
Domestic iron ore |
351,600 |
232,300 |
483,600 |
716,300 |
748,000 |
-53% |
51% |
|
|
|
|
|
|
|
|
Minas-Rio production |
|
|
|
|
|
|
|
Pellet feed (wet basis) |
6,424,100 |
6,163,600 |
6,126,100 |
5,915,500 |
4,909,700 |
31% |
4% |
Minas-Rio sales volumes |
|
|
|
|
|
|
|
Export – pellet feed (wet basis) |
6,081,200 |
6,570,700 |
5,734,500 |
6,590,400 |
4,031,400 |
51% |
-7% |
Related Link: Official
Announcement |