REG - Antofagasta PLC - ANTOFAGASTA RELEASES TAX REPORT

AntofagastaAnnouncement

11/07/2022 07:00

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RNS Number : 9301R  Antofagasta PLC  11 July 2022

NEWS RELEASE, 11 JULY 2022

ANTOFAGASTA RELEASES TAX REPORT

As part of its commitment to transparency, Antofagasta plc (the "Company") has
published a series of reports on its contributions to stakeholders(1). The
Company today publishes the final report in the series, a special report on
its tax payments in respect of 2021. The report provides detailed information
about the nature of the taxes paid by the Company and the amounts paid. The
total tax charge for the year was $1.3 billion, of which almost 100% was in
Chile.

Antofagasta plc CEO, Iván Arriagada said: "At Antofagasta, we take our
commitments to transparency and the wellbeing and development of the
communities that live around our operations and projects very seriously. This
report is the last in a series that detail the extent of our contributions and
the positive economic impact our business has.

"Through our work we not only create employment and economic benefits through
taxes and purchasing goods, but we also contribute directly to upskilling
people, pioneering new technologies, and developing the wider supply chain and
our communities. In 2021 Antofagasta made a total economic contribution of
$7.1 billion and I continue to be proud of the work that we do and the
benefits we bring as we fulfil our purpose of developing  mining for a better
future."

Antofagasta plc CFO, Mauricio Ortiz said: "This report provides detailed
information about the taxes Antofagasta paid in respect of 2021. For us, the
payment of taxes is an important part of how we create economic value, being
the portion of our total economic contribution that goes to governments.

"Mining is a long term activity and we are determined to continue translating
the work we do at Antofagasta to supporting the prosperity of all our
stakeholders - our employees, our suppliers, neighbouring communities,
governments, our subsidiaries' minority partners, and our equity and debt
providers."

 

1.     Other reports is the series are: the Climate Change Report, Social
Management Report, TCFD Update Report, Annual Report and the Sustainability
Report (for the Mining and Transport divisions separately). All these reports
and the Tax Report can be found on the Company's website
(www.antofagasta.co.uk (http://www.antofagasta.co.uk) ).

 

 Investors - London                                                                  Media - London
 Andrew Lindsay      alindsay@antofagasta.co.uk (mailto:alindsay@antofagasta.co.uk)  Carole Cable      antofagasta@brunswickgroup.com (mailto:antofagasta@brunswickgroup.com)
 Rosario Orchard     rorchard@antofagasta.co.uk                                      Telephone         +44 20 7404 5959
 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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