Antofagasta Plc: A Copper and Gold Mining Giant
A Chilean Multinational with a Global Reach
Antofagasta Plc is a London-based Chilean multinational, a subsidiary of Luksic Group, and one of the most prominent conglomerates in Chile. With equity participation in Antofagasta Minerals, the company's primary focus is copper and gold mining. Its operations extend beyond Chile, making it an international force in the industry.
Core Business and Operations
Mining is Antofagasta Plc's core business, accounting for over 96% of its revenue and EBITDA. The company operates four copper mines in Chile, with two of them producing gold as a byproduct. These mines form a substantial part of the Group's operations, playing a crucial role in its revenue generation.
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