REG - Antofagasta PLC - Sale of Electricity Transmission Lines

AntofagastaAnnouncement

13/07/2018 07:10

RNS Number : 5589U
Antofagasta PLC
13 July 2018
 


NEWS RELEASE, 13 JULY 2018
 
 
SALE OF ELECTRICITY TRANSMISSION LINES
CENTINELA SELLS NON-CORE ASSETS
 
 
Yesterday Antofagasta plc's (the "Company") subsidiary Mineral Centinela announced the sale of Centinela Transmisión, the company that holds its electricity transmission lines, for $117 million.
 
Ivan Arriagada, the CEO of Antofagasta plc, commented: "This sale is consistent with the Group's strategy of disposing of its water and energy assets. This allows us to focus on our core business of producing copper safely and profitably, while also taking advantage of any organic growth opportunities that may arise".
 
Further details of the sale can be found at www.aminerals.cl.
 
 
 
 
 
 
 
 
 
                                                                                                                                                                                                ______
Investors - London                                                                                  Media - London
Andrew Lindsay                     alindsay@antofagasta.co.uk                Carole Cable           antofagasta@brunswickgroup.com
Telephone                               +44 20 7808 0983                                   Telephone              +44 20 7404 5959
Andres Vergara                      avergara@antofagasta.co.uk               Will Medvei            antofagasta@brunswickgroup.com
Telephone                                +44 20 7808 0988                                  Telephone               +44 20 7404 5959
 
Investors - Santiago                                                                               Media - Santiago
Francisco Veloso                   fveloso@aminerals.cl                            Pablo Orozco          porozco@aminerals.cl
Telephone                               +56 2 2798 7000                                    Carolina Pica           cpica@aminerals.cl
                                                                                                                    Telephone               +56 2 2798 7000
                                                                                                                                                                                                _____




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