Antofagasta shares hit record high as surge in copper prices outweighs output miss

Antofagasta

29/01/2026 08:42

** London-listed shares of Chilean miner Antofagasta ANTO.L rise as much as 6.7% to 3,958p, hitting a record high

** Copper hits a record high on Thursday, as part of a broad metals rally

** ANTO records 2025 copper production of 653,700 tonnes, missing prior production forecast of 660,000 - 700,000 tonnes

** Co expects 2026 capital expenditure excluding Zaldívar mine of $3.4 billion

** In 2025, stock more than doubled in its value

 (Reporting by Rishab Shaju in Bengaluru)

 ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))