Antofagasta Results Presentation Deck
Los Pelambres Expansion - Phase I
60,000 tonnes¹ of additional copper
Optimise throughput within the limits of the
existing operating, environmental and water
extraction permits
Increasing plant capacity from 175ktpd to 190ktpd
Annual copper production will increase by an
average of 60,000 tonnes¹ per year over 15 years
Project 45% complete2, end 2020
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Project update - January 2021
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Change of scope - enabling capex for future
increase in desalination plant capacity from 400 l/s
to 800 l/s to optimise capital expenditure
Capital cost of $1.7 billion includes costs related to
COVID-19 and change in scope to enable future
expansion of desalination plant
Project completion expected in H2 2022
Compared to production without the project. Averaging 40,000tpa in years 1-4 and 70,000tpa in years 5 to 15
Engineering, procurement and construction
ANTOFAGASTA PLC
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