Name of the Project
Mototolo/Der Brochen life extension project.

Location
Burgersfort, in Limpopo, South Africa.

Project Owner/s
Anglo American Platinum, a subsidiary of Anglo American and a leading primary producer of platinum-group metals.

Project Description
Anglo American is investing in the development of the Der Brochen project to extend the life of the Mototolo platinum mine.

The project will include the debottlenecking of the hydraulic circuit, thereby increasing throughput from 220 000 t a month to 240 000 t a month.

The Der Brochen decline development will include the construction of infrastructure to access the Der Brochen orebody to replace declining volumes from the Mototolo mine.

The project also presents the opportunity to expand production from 240 000 t a month to 320 000 t a month through technology deployment.

Potential Job Creation
The life extension is expected to protect local jobs.

Net Present Value/Internal Rate of Return
The project has an estimated internal rate of return of 30%.

Capital Expenditure
R3.9-billion.

Planned Start/End Date
First production is expected in the first half of 2023.

Latest Developments
The Der Brochen project at Mototolo has received the first stage of approval and is on track to be fully approved by the end of 2021, with the start of development shortly thereafter.

The technical scope is being finalised and first production is scheduled for the first half of 2023.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Anglo American Platinum media, Jana Marais, tel +27 79 932 1586 or email
jana.marais@angloamerican.com.
Anglo American Platinum investors, Emma Chapman, tel +27 11 373 6239 or email emma.chapman@angloamerican.com.