Business Summary: Antofagasta plc is a United Kingdom-based copper mining company with interests in transport. The Company’s operations are related to mining and exploration activities and the transport of rail and road cargo. The Company’s divisions include Mining and Transport. Through its Mining division, the Company owns and operates four mines: Los Pelambres is located in the Coquimbo Region of central Chile, and Centinela, Antucoya and Zaldivar, which are in the Antofagasta Region of northern Chile. These mines produce copper cathodes, copper concentrates and significant volumes of by-products. The Transport division provides rail and road cargo services in northern Chile, predominantly to mining customers, including the Company’s own operations. Ferrocarril de Antofagasta a Bolivia is the corporate name of its Transport division. In Chile, it is pursuing brownfield and greenfield projects, and in other countries, it has generative programs, identifying early-stage projects.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Antofagasta plc revenues increased 5% to $6.61B. Net income before extraordinary items increased 9% to $956.1M. Revenues reflect Los Pelambres segment increase of 14% to $3.33B, Antucoya segment increase of 9% to $732.6M, Rest of Asia segment increase from $198.2M to $418M, Rest of Latin America segment increase from $133M to $289.7M, Copper, Avg. Price per Met. Tonne.