Operations Review (Part 1) - Anglo Platinum

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P R O C E S S I N G P R O J E C T S U N D E R C O N S T R U C T I O NCapitalexpenditure,real 2003PlannedDate Scheduled terms steady-stateapproved completion R millions productionAnglo Platinum July Phase A:Converting Process 2000 2003 1 800* 72 000t matte p.a.(ACP) Phase B: 33 000t Ni p.a.2004 3,5Moz Pt p.a.Polokwane Smelter December 650kt2000 2003 1 500 concentrate p.a.Slag-cleaning FurnaceJuly(Waterval Smelter) 2001 2003 270 —PMR Expansion May 2002 2005 1 500 3,5Moz Pt p.a.*refers to Phase A and B.Anglo Platinum Converting Process (ACP)The objectives of the ACP project were to improve the control of sulphur emissions and, inso doing, achieve a new global benchmark, while providing converter capacity for theGroup’s expansion programme. Developed in conjunction with Ausmelt and others, the plantutilises a Sirosmelt process adapted to the requirements of nickel-copper matte smelting.This innovative technology was extensively tested during the project design and studyphase. This has led to the very successful results of trial smelting carried out as part of thecommissioning of Phase A that began in March 2002. Progress is continuing according toplan and it is anticipated that the ACP will be fully operational by the end of 2003. Theexisting convertors and the acid plant will be retained on standby during the construction ofthe second ACP reactor, Phase B, which is scheduled to be commissioned during 2004.Opening the new Ausmeltfurnace taphole with an oxygenlance to remove converter matteat the Anglo Platinum ConvertingProcess (ACP) in Rustenburg.
Operations Review (continued)Overview: ProjectsPolokwane SmelterSite activities commenced in early November 2001. The smelter is now substantiallycomplete and commissioning has commenced.Slag-cleaning Furnace (Waterval Smelter)Under normal practice, slag is returned to the primaryconcentrate-smelting electric furnaces to recover containedmetal values. However, with the rising amount of UG2concentrates being treated, the recycling of chromecreates constraints in the furnaces due to the elevatedmelting point of the slag. The project has been designed toalleviate this condition, raise the recovery of the containedmetal values and create additional capacity in the primaryfurnaces.PMR ExpansionThe PMR is undergoing de-bottlenecking to enable theGroup’s 2006 target of 3,5 million annual ounces ofplatinum to be met. Construction commenced on the GoldRapid progress has been madein the construction of the newPolokwane Smelter.Solvent Extraction and Insoluble Metals plants inDecember 2002. Earthworks are complete and civilsconstruction has started. The final phase of the debottleneckingwill be completed by the end of 2005.58
Page 1 and 2: Operations ReviewLocation of Group
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Page 10 and 11: Operations Review (continued)Overvi
Page 12 and 13: Union SectionS A F E T Y53Union Sec
Page 14 and 15: Lebowa Platinum Mines (Leplats)S A
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Page 18 and 19: Precious Metals Refiners (PMR)S A F
Page 20 and 21: M I N I N G P R O J E C T S U N D E
Page 22 and 23: will be doubled in capacity to 800

Operations Review (Part 1) - Anglo Platinum

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