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Update on Los Bronces Integrated project permitting process
Anglo American plc
Registered office: 17 Charterhouse Street, London EC1N 6RA
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM
3 May 2022
Update on Los Bronces Integrated project permitting process
Anglo American plc (“Anglo American”) notes that the Environmental Assessment Service of Chile (SEA)
has issued its formal decision (an RCA) to reject the environmental permit application for the Los Bronces
Integrated Project (LBIP). The RCA follows SEA’s earlier recommendation to reject LBIP’s environmental
permit application published on 22 April.
Anglo American is examining the details of the RCA and expects to continue following the regulated
permitting process in Chile, which includes the potential to request a review by a Minister’s Committee
to evaluate the full breadth of merits of the project.
Anglo American will continue to work with SEA and the other appropriate regulatory authorities to make
available any additional information or clarity that may be required in order to provide further
reassurance of the positive impact of this project.
Los Bronces Integrated Project expands the current open pit within Los Bronces’ operating site and
replaces future lower grade ore by accessing higher grade ore from a new underground section of the
mine. The project uses the mine’s existing processing facilities, optimises water efficiency, and requires
no additional fresh water or tailings storage facilities. LBIP has been designed with the benefit of ten years
of scientific studies and a thorough and extensive consultation process with local communities and the
relevant authorities. Mitigation measures will compensate for 120% of the emissions created by the
project and Los Bronces’ current operations, both during construction and in operation, thereby
improving air quality. The result is a project that has been configured specifically to protect both the local
environment, without any impact on biodiversity or on the nearby protected areas or glaciers, and human
health.
LBIP represents a multi-billion dollar investment in the future of one of Chile’s largest copper mines and
is an example of modern mining where the full range of sustainability considerations have been consulted
on and designed in from the outset.
For further information, please contact:
Media Investors
UK UK
James Wyatt-Tilby Paul Galloway
james.wyatt-tilby@angloamerican.com paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8718
Marcelo Esquivel
marcelo.esquivel@angloamerican.com Emma Waterworth
Tel: +44 (0)20 7968 8891 Emma.waterworth@angloamerican.com
Tel: +44 (0) 20 7968 8574
Katie Ryall
katie.ryall@angloamerican.com Juliet Newth
Tel: +44 (0)20 7968 8935 juliet.newth@angloamerican.com
Tel: +44 (0)20 7968 8830
South Africa
Nevashnee Naicker Michelle Jarman
nevashnee.naicker@angloamerican.com michelle.jarman@angloamerican.com
Tel: +27 (0)11 638 3189 Tel: +44 (0)20 7968 1494
Sibusiso Tshabalala
sibusiso.tshabalala@angloamerican.com
Tel: +27 (0)11 638 2175
The Company has a primary listing on the Main Market of the London Stock Exchange and secondary
listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock Exchange
and the SIX Swiss Exchange.
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Notes to editors:
Anglo American is a leading global mining company and our products are the essential ingredients in
almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad
range of future development options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions
of consumers. With our people at the heart of our business, we use innovative practices and the latest
technologies to discover new resources and to mine, process, move and market our products to our
customers – safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium
quality iron ore and metallurgical coal for steelmaking, and nickel – with crop nutrients in development
– we are committed to being carbon neutral across our operations by 2040. More broadly, our
Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy
environment, creating thriving communities and building trust as a corporate leader. We work together
with our business partners and diverse stakeholders to unlock enduring value from precious natural
resources for the benefit of the communities and countries in which we operate, for society as a whole,
and for our shareholders. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com
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Legal Entity Identifier: 549300S9XF92D1X8ME43
Date: 03-05-2022 09:00:00
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