Antofagasta Results Presentation Deck
2022 Guidance
Drought impact continues at Los Pelambres
1
Group production (kt)
Guidance
660-690
53
78
722
44
79
274
325
2021
Los Pelambres
Centinela
Group's 50% share
250
295
2022
Antucoya
Zaldívar
1
Copper production guidance
Los Pelambres
168
0.70
2019
141
0.69
0.59
162
Centinela
2019
0.70
154
164
0.64
0.66
2020 H1 21 H2 21
Throughput (ktpd)
161
0.60
0.59
0.53
2020 H1 21
147
0.65
165
0.63
0.61
Throughput (ktpd)
Grade Concentrate (%)
H2 21
115
0.66
163
H1 22 H2 22
Grade (%)
0.64
0.48
178
0.63
Antofagasta plc | 2021 Preliminary financial results
164
0.74
0.51
H1 22 H2 22
Grade Cathodes (%)
Assumptions
●
Los Pelambres
●
Copper production is expected to
increase quarter on quarter
throughout the year
●
Drought impact at Los Pelambres
until H2 2022
Assumes there is no precipitation
until the rainy season and the
desalination plant starts operating
in H2 2022
Higher recoveries expected on
reduced throughput
Centinela
• Centinela Concentrates throughput
continues at design capacity
Cyclical grade decline at Centinela
Concentrates, before strengthening
in 2023View entire presentation