Antofagasta Results Presentation Deck slide image

Antofagasta Results Presentation Deck

Centinela Second Concentrator: Processing Developing a Tier 1 mining district PROJECT TIMELINE Updated studies to be submitted to the Board for consideration by end-2023. ● PROJECT SCOPE Second concentrator to unlock the potential of Esperanza Sur and Encuentro deposits, with mine development at Encuentro to commence half-way through the construction phase of the second concentrator. Development of 95ktpd (ore) brownfields expansion. Expansion of existing raw sea water pumping system. High density tailings storage facility. Leveraging understanding developed through operating our existing concentrator for +10 years. SUPPORTED BY A +30 YEAR MINE LIFE Reserves: 1.7 billion tonnes @ 0.41% Cu + Au/Mo. c.170ktpa Cu equivalent production. Targeting 1st quartile C1 cash costs (net of by-products). ● ● ● ● Tailings facility (existing) Antofagasta plc | 2023 Half Year Results Concentrator (existing) Tailings facility (proposed) Concentrator (proposed) Oxide Operations ANTOFAGASTA PLC Esperanza Pit Esperanza Sur Pit Encuentro Pit 25
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