Antofagasta PLC ANTOFAGASTA HOSTS CAPITAL MARKETS DAY TODAY (5092V)
December 14 2021 - 1:00AM
UK Regulatory
TIDMANTO
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
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 ) 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 - Media - London
London
Andrew Lindsay alindsay@antofagasta.co.uk Carole Cable antofagasta@brunswickgroup.com
Telephone +44 20 7808 0988 Telephone +44 20 7404 5959
Rosario Orchard rorchard@antofagasta.co.uk
Telephone +44 20 7808 0988 Media - Santiago
Pablo Orozco porozco@aminerals.cl
Carolina Pica cpica@aminerals.cl
Telephone +56 2 2798 7000
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END
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