Antofagasta Investor Conference Presentation Deck slide image

Antofagasta Investor Conference Presentation Deck

Puerto Mejillones Antofagasta Puerto Huasco Antucoya 1 Growth portfolio update Developing our projects Cachorro Cachorro Vallenar End 2022 Centinela Encierro Encierro ● ● Inferred resources 242Mt @1.21% Cu. 70% increase since 2021 Drilling continues in 2023 Maiden inferred resource 522Mt @0.65% CuEq EXPLORATION FOCUSED ON CHILE, PERU, USA AND CANADA Only 15% of property has been drilled Exploration 2030+ ● Los Pelambres Expansion Phase 2 Increases throughput to 205,000 tpd and extends life of mine by 15+ years Requires two separate EIA applications ● ● Centinela Second Concentrator Stack FID decision during 2023 Capital cost $3.7 billion Moves Centinela to 1st cost quartile Development 2025+ ● ● Antofagasta plc | 2023 BMO Global Metals, Mining & Critical Minerals Conference Los Pelambres Expansion Phase 1 CCCLCI FJOR JEFFRE 93.4% complete¹ 400 l/s desalination plant and concentrator expansion to 190,000 tpd Construction 2023 Esperanza Sur pit Cu +10-15,000 tpa Capex $170m . ● ANTOFAGASTA PLC Zaldivar Chloride Leach Cu +10-15,000 tpa Capex $190m ● Completed 2022
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