Antofagasta PLC (OTCPK:ANFGF)
$ 22.545 0.127 (0.57%) Market Cap: 21.86 Bil Enterprise Value: 22.31 Bil PE Ratio: 29.09 PB Ratio: 2.57 GF Score: 90/100
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Half Year 2022 Antofagasta PLC Earnings Call - Q&A Transcript

Aug 11, 2022 / 01:00PM GMT
Release Date Price: $13.25
Ivan Arriagada Herrera
Antofagasta plc - CEO

(technical difficulty) that we maybe able to deal differently than a standard investment form. So I'll pass it on to Mauricio to address that as well. I think on the timing, we're still -- if the project gets approved during the course of next year, we still expect that this will be consistent with being able to achieve the project to first production, late 2025, early 2026. So that's the execution plan. We've continued to work on the engineering, and therefore, this time has been spent basically developing the detailed engineering necessary in any event to do the project.

So it's time that has been invested in progressing the studies to a level in which the execution should run smoothly. Remember that this is a project that essentially enables us to increase production by 170,000 tonnes of copper equivalent per year. Therefore, it does provide a significant increase in our copper production, it has an extensive life and it allows us basically to monetize a significant resource base, in the Centinela District at the time in which we think copper will

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