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Coal

Bulk: Coal

The Group’s coal interests are held through its wholly owned Anglo Coal business, one of the world’s largest private sector coal producers and exporters.

Anglo Coal currently produces around 100 million tonnes of thermal and metallurgical coal from four geographic regions: South Africa, Australia, South America (Venezuela and Colombia) and North America (Canada).

Anglo Coal’s excellent growth prospects in thermal and metallurgical coal will ensure the Group is firmly placed to help meet increased global energy needs and will continue to play an important part in Anglo American’s growth.

Coal business unit overview

Financial highlights(1)

$ million 12 months
31 Dec 2008
12 months
31 Dec 2007
Operating profit 2,240 614
EBITDA 2,585 882
Net operating assets 3,962 3,984
Share of Group operating profit 22% 6%
Share of Group net operating assets 12% 15%
(1)
Share of Group operating profit and share of Group net operating assets for both 2008 and 2007 are based on continuing operations and therefore, in 2007, exclude the contribution of Mondi and AngloGold Ashanti.