Antofagasta plc is a London‐based copper mining group with principal operations in northern Chile. The company’s core business activities encompass the exploration, extraction, processing and sale of copper concentrate, with additional byproducts including molybdenum and other metals. Antofagasta operates through a vertically integrated model, managing mine development, rail transport and port facilities to serve global copper markets.
The company’s mining assets include both open‐pit and underground operations, supported by a dedicated rail network that links mining sites to export terminals. These logistics capabilities enable Antofagasta to maintain efficient throughput and reliable deliveries to smelters and refineries in Asia, Europe and North America. The firm also pursues ongoing exploration projects aimed at extending the life of its existing mines and identifying new copper deposits in Chile’s mineral‐rich regions.
Antofagasta traces its origins to the late 19th century, when the Chile Exploration Company was established to develop mineral resources in the Antofagasta region. Over the decades, the group evolved through successive mergers, acquisitions and capital investments, adopting its current name in the 1980s as it solidified its position among the world’s leading copper producers. The company maintains a commitment to sustainable mining practices, investing in water recycling, energy efficiency and community engagement programs across its areas of operation.
Governance at Antofagasta plc is overseen by a board of directors chaired by an independent non‐executive member, with an executive leadership team responsible for day‐to‐day management. The chief executive officer and senior management group bring extensive experience in the mining sector, guiding the company through cyclical commodity markets and regulatory environments. Antofagasta continues to focus on delivering long‐term value through operational excellence, responsible resource stewardship and strategic growth initiatives.
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