REG - Antofagasta PLC - ANTOFAGASTA HOSTS CAPITAL MARKETS DAY TODAY

AntofagastaAnnouncement

14/12/2021 07:00

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RNS Number : 5092V  Antofagasta PLC  14 December 2021

 NEWS RELEASE, 14 DECEMBER 2021

 

Antofagasta hosts Capital Markets Day TODAY

 

Antofagasta will host a virtual Capital Markets Day today at 2pm GMT followed
by Q&A.

The event will be hosted by Iván Arriagada, Chief Executive Officer, and will
include presentations from Antofagasta's senior management.

Iván Arriagada, CEO, commented, "Antofagasta is a pure play copper producer
with high quality assets in Chile, supported by a team that delivers reliably
and responsibly through the cycle. Today you will hear from our team as we
discuss how we mine and what we are doing to progress the future of mining in
a way that is sustainable and delivers value for all our stakeholders.   You
will also hear about the embedded growth options we have in our portfolio and
the levers we have to unlock that growth, in a value-accretive way, over many
years to come.  We are excited about the future of Antofagasta and invite you
to join us today."

Key highlights to be presented today include:

Responsible and reliable producer creating real social value

·    90% of water used in our operations is expected to be from seawater
or recirculated water by 2025

·    100% of our energy requirement in operations is planned to be from
renewables by the end of 2022

·    Building out new ways of mining using autonomous trucks, remote
operating centres and establishing a Digital Academy so our employees can work
in a safer and healthier environment

·    Strong social commitments, working with our local suppliers and
communities

Unlocking embedded growth

·    Five-year production to potentially reach approximately 900,000
tonnes of copper by 2026 if the Second Concentrator project at Centinela is
approved by the end of 2022

·    18 billion tonnes of mineral resources with 7 billion tonnes in the
Centinela mining district and 6 billion tonnes at Los Pelambres

·    A proprietary primary sulphide leach technology which, if proved
successful, could unlock previously uneconomic tonnes from lower grade
chalcopyrite ore

·    2022 capital expenditure guidance will be given in 4Q Production
Report, together with mine-by-mine production and cost guidance, once a review
of the Los Pelambres Expansion project is finalised

·    Expanded capital allocation framework now includes climate change
factors

 

Materials

Presentation slides will be available to download from the Antofagasta website
at 1.30pm GMT.

If you are unable to attend the webcast, a replay will be available on the
Company's website shortly after the end of the event.

 

Registration

Please register for the event at:

https://webcasting.brrmedia.co.uk/broadcast/61a9fbfa504d020773e7e761
(https://webcasting.brrmedia.co.uk/broadcast/61a9fbfa504d020773e7e761)

Following the presentations, participants are asked to remain on the webcast
in listen only mode for the Q&A session. For those investors and/or
analysts wishing to ask questions, please use the separate dial-in numbers
below to ask your question:

 Confirmation Code:  8269020
 Location            Phone Number
 Canada              +1 647 794 1825
 Chile               123 0020 6712
 United Kingdom      +44 (0)330 336 9424
 United States       +1 646-828-8143
 North America       800-263-0877

The slides used in the presentation will be available on the Company's website
(www.antofagasta.co.uk (http://www.antofagasta.co.uk) )  from 1.30pm GMT and
the replay of the webcast will be available shortly after the end of the
event.

 

For further information please contact:

 

 Investors - London                                                                  Media - London
 Andrew Lindsay      alindsay@antofagasta.co.uk (mailto:alindsay@antofagasta.co.uk)  Carole Cable      antofagasta@brunswickgroup.com (mailto:antofagasta@brunswickgroup.com)
 Telephone           +44 20 7808 0988                                                Telephone         +44 20 7404 5959
 Rosario Orchard     rorchard@antofagasta.co.uk (mailto:rorchard@antofagasta.co.uk)
 Telephone           +44 20 7808 0988                                                Media - Santiago
                                                                                     Pablo Orozco      porozco@aminerals.cl (mailto:porozco@aminerals.cl)
                                                                                     Carolina Pica     cpica@aminerals.cl (mailto:cpica@aminerals.cl)
                                                                                     Telephone         +56 2 2798 7000

 

 

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