Antofagasta Results Presentation Deck
Updated full year guidance (as previously announced) ✔
Commissioning of Los Pelambres' expansion in H2 2023
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2023 Group production (kt)
Revised FY Guidance
640-670
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295
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H1
345 - 375
H2
Cash costs before by-product credits:
Cash costs
FY Guidance: $2.30/lb (previous: $2.20/lb).
Copper production
640-670,000 tonnes - reflects completion of the desalination
plant and concentrator expansion in H2 2023.
Production expected to increase quarter on quarter.
Los Pelambres
Desalination plant to improve stability of water availability.
Commissioning of fourth concentrator line to take place in H2
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Reflects: Updated production guidance, strong cost control
and stronger Chilean peso.
Net cash costs: Guidance unchanged (stronger by-product pricing).
2023.
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Capital expenditure
FY Guidance: $1.9 billion, unchanged.
Evaluating opportunities to accelerate project execution.
Antofagasta plc | 2023 Half Year Results
ANTOFAGASTA PLC
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