Anglo American PLC Anglo American Platinum update on ACP Phase B (5234P)
10 Giugno 2020 - 10:16AM
UK Regulatory
TIDMAAL
RNS Number : 5234P
Anglo American PLC
10 June 2020
10 June 2020
Anglo American Platinum update on ACP Phase B repair
Anglo American plc notes the announcement by Anglo American
Platinum Limited released today to the Johannesburg stock exchange.
The text of the announcement is copied below:
Anglo American Platinum announced on 3 June 2020 that a water
leak had been detected in the high-pressure cooling section of the
Anglo Converter Plant (ACP) Phase B unit. All employees were safely
evacuated as a precaution. The Company took the decision to
temporarily close the ACP Phase B unit to secure a safe operating
environment, protect employees and protect the integrity of the
plant.
The detailed technical investigation into the cause of the water
leak shows localised damage to a single cooler tube that is now
being replaced and confirms that this leak is unconnected to the
repair work recently completed on the ACP Phase B unit. Other
maintenance is being carried out and additional controls put in
place whilst the ACP Phase B unit is off-line in order to provide
greater operational stability. The repair work is expected to be
completed next week, and recommissioning will then start once a
detailed risk-based assurance process has confirmed it is safe to
do so.
A prudent approach will be taken to safely ramp up the ACP Phase
B unit. Increased monitoring will likely result in intermittent
stoppages to inspect the plant until the repairs to the ACP Phase A
unit are completed. The repairs to the ACP Phase A unit are
progressing well and are now expected to complete towards the end
of 2020 due to the successful accelerated procurement of key
long-lead time items.
Anglo American Platinum will continue to receive concentrate
from third parties and joint ventures under the purchase of
concentrate and toll agreements and will continue to deliver metal
to customers.
The stoppage of the ACP Phase B for repairs of this water leak
is not expected to have any impact on full year refined production
guidance, which remains at between 3.1 - 3.6 million PGM
ounces.
For further information, please contact:
Media Investors
UK UK
James Wyatt-Tilby Paul Galloway
james.wyatt-tilby@angloamerican.com paul.galloway@angloamerican.com
Robert Greenberg
Marcelo Esquivel robert.greenberg@angloamerican.com
marcelo.esquivel@angloamerican.com
Katie Ryall Emma Waterworth
katie.ryall@angloamerican.com emma.waterworth@angloamerican.com
South Africa Emma Chapman
Pranill Ramchander emma.chapman@angloamerican.com
pranill.ramchander@angloamerican.com
Sibusiso Tshabalala
sibusiso.tshabalala@angloamerican.com
Jana Marais
j ana.marais@angloamerican.com
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 mining
operations and undeveloped resources provides the metals and
minerals that enable a cleaner, greener, more sustainable world and
that meet the fast 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 - safely,
responsibly and sustainably.
As a responsible miner - of diamonds (through De Beers), copper,
platinum group metals, iron ore, steelmaking and thermal coal, and
nickel - we are the custodians of what are precious natural
resources. We work together with our business partners and diverse
stakeholders to unlock the sustainable value that those resources
represent for our shareholders, the communities and countries in
which we operate, and for society as a whole. Anglo American is
re-imagining mining to improve people's lives.
www.angloamerican.com
Legal Entity Identifier: 549300S9XF92D1X8ME43
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END
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