The auger drilling at Itapitanga continues to demonstrate that...

1. The auger drilling at Itapitanga continues to demonstrate that the nickel‐cobalt laterite mineralisation occurs from surface, with high grades of both nickel and cobalt mineralisation intersected to depths of 12m prior to drill refusal occurring.
   
   The Itapitanga Project is located in the Carajás Mineral Province, a tropical region that hosts deep weathering profiles generally to 50m and often up to 100m. The high‐grade nickel‐cobalt laterite mineralisation is hosted within this weathered profile.
   
   Anglo American’s neighbouring world‐class Jacaré Ni‐Co Deposit, one of the highest large‐tonnage nickel‐cobalt grades in the world with Mineral Resource of 307Mt at 1.3% Ni and 0.13% Co, including a high‐grade cobalt resource of 185Mt at 1.2% Ni and 0.18% Co1, is hosted in a laterite profile that is mineralised from surface down to an average depth of 40‐50m.
   
   RC drilling will now be done to determine the full width and grade of the nickel‐cobalt mineralisation at the Project. Accordingly, the Company has recently executed a 5,000m RC drill contract with specialist Brazilian RC drilling group, Geosenda Perfurações Especiais. The rig is now being mobilised and drilling is set to start mid‐A