Press releases - 2018

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Iron Ore Export Channel reopened

10 December, 2018

Kumba is pleased to announce that the Iron Ore Export Channel (IOEC) was reopened by Transnet on 7 December 2018, two days earlier than expected, and that operations on the rail line have resumed.

Transnet has informed Kumba that the newly constructed temporary bridge passed all technical assessments and that the IOEC line is now open for business. Tests were first carried out on an empty train on Friday, 7 December, followed by a heavy-laden train the same day.

Kumba’s CEO, Themba Mkhwanazi commended Transnet on their swift response, which ensured that the IOEC line was restored earlier than planned.

Kumba’s expectation of meeting the lower end of its 2018 guidance, as announced on 24 July 2018 within the Company’s reviewed interim results, is unchanged. Kumba’s 2018 guidance is 43-44 Mt for total production and 42-44 Mt for total sales.

Shareholders are referred to the SENS announcement issued on 30 November 2018 relating to the disruption of the IOEC due to railway bridge damage.

Centurion
10 December 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Company Secretary
Celeste Appollis
[email protected]
Tel: +27 683 7063
Mobile: +27 82 941 7535

For further information, please contact:

Media	Investors
Sinah Phochana Email: [email protected] Tel: +27 12 683 7019 Mobile: +27 76 066 0655	Penny Himlok Email: [email protected] Tel: +27 12 622 8324 Mobile: +27 82 781 1888

Notes to editors:

Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape Province. Kumba exports iron ore to customers in a range of geographical locations around the globe including China, Japan, Korea and a number of countries in Europe and the Middle East.

www.angloamericankumba.com

Notes to editors:

Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world’s developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.

www.angloamerican.com

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