Anglo American Annual Report 2012

OverviewMID STAGEThe rise of the consuming classAs developing economies mature, populations move to cities andstart to enjoy a higher disposable income and a more comfortablestandard of living. Households purchase ‘white goods’ and mobilephone communication becomes widespread. Diets shift from beinggrain based to being high in protein.LATE STAGEAspiring to an affluent lifestyleAs purchasing power increases, so too does the appetite for ‘luxury’goods and services, including cars, jewellery, advanced technologicalgoods and travelling for leisure.7,000 31 %METRO LINESWILL BE BUILTIN 40 CHINESECITIES BY 2040,WITH EACH KMREQUIRING107 TONNESOF COPPERFIRST-TIMEBRIDES IN CHINAWHO RECEIVEA DIAMONDENGAGEMENTRING – A CAGR *OF ALMOST 24%IN 16 YEARSCOPPER NICKEL PGMsNIOBIUM PHOSPHATES DIAMONDSHigher GDP/capita1 billion40 Mt1.7 billion60 millionPEOPLE WHO AREEXPECTED TO ENTERTHE GLOBAL ‘CONSUMINGCLASS’ BY 2025OF EXPECTED FERTILISERNUTRIENT DEMANDGROWTH (C. 23%) OVERTHE NEXT DECADE ASDIETS CHANGE INEMERGING ECONOMIESGLOBAL CAR FLEET TODOUBLE TO 1.7 BILLIONBY 2030HOUSEHOLDS INEMERGING ECONOMIESEXPECTED TO BE IN THEHIGH INCOME BRACKET(>$70,000 PA) BY 2025* Compound Annual Growth RateAnglo American plc Annual Report 2012 07