Revenue distribution by industry:

• Copper production: approx. 80%
• Gold production: approx. 10%
• Molybdenum production: approx. 5%
• Transport and other services: approx. 5%

TOP 3 markets and their percentage shares:

• China: approx. 40%
• Japan: approx. 15%
• Europe: approx. 10%

Antofagasta plc generates the majority of its revenue from copper production, which is typical for a company in the mining industry. The demand for copper is particularly high in China, which represents the largest market for Antofagasta. Japan and Europe follow as important customers, with a focus on industrial applications and infrastructure projects.

Production sites of Antofagasta plc:

1. Chile - Main production country
   • Los Pelambres Mine
   • Centinela Mine
   • Antucoya Mine
   • Zaldívar Mine

Antofagasta plc is a leading mining company that focuses on copper production. The main production sites are located in Chile, one of the world's largest copper producers. The strategic location of the mines in Chile enables the company to benefit from the country's rich copper deposits.

Investment volume in new projects: 2.5 billion USD (2024-2026)

Expected production growth: 5% annually (2024-2026)

Antofagasta plc pursues a strategy aimed at sustainable growth and efficiency improvements. The company plans to make significant investments in new mining projects and expanding existing capacities in the coming years. These investments amount to approximately 2.5 billion USD and are intended to increase production by an average of 5% per year.

Another focus is on improving operational efficiency and reducing operating costs. Antofagasta is increasingly relying on technological innovations and automation to increase productivity and minimize environmental impacts.

In addition, the company places great emphasis on sustainable practices and compliance with environmental standards to ensure long-term acceptance in communities and support from stakeholders.

Main imported raw materials: Machinery and equipment

Antofagasta plc, a leading mining company focusing on copper production, mainly imports machinery and equipment necessary for mining and processing raw materials. These machines are crucial for the operation and efficiency of their mining projects.

Countries of origin: USA, Germany, Japan

The machinery and equipment are mainly imported from the USA, Germany, and Japan. These countries are known for their advanced technology and high-quality machinery that meet the requirements of the mining industry.

Antofagasta plc relies on these imports to run smoothly to ensure the continuous operation of their mines. The choice of supplier countries reflects the need to rely on reliable and technologically advanced equipment.

Market share in the copper sector: Approximately 8% (2024) Production cost per pound of copper: $1.50 (2024) EBITDA margin: 45% (2024)

Antofagasta plc has a significant competitive advantage in the global copper market, supported by several factors. The company holds a market share of around 8% in the copper sector, making it one of the leading producers worldwide.

A key advantage of Antofagasta is its comparatively low production costs, which amount to approximately $1.50 per pound of copper. This cost structure enables the company to remain profitable even in times of low copper prices.

Additionally, Antofagasta boasts a strong EBITDA margin of 45%, indicating efficient operational processes and effective cost control. This financial strength allows the company to invest in new technologies and projects to further solidify its market position.

Overall, Antofagasta's competitive advantage is underscored by its efficient production, strong market position, and financial stability.

Institutional investor share: 62% (2025, estimated) Insider purchases/sales: No significant transactions in the last quarter (2025, estimated)

The institutional investor share in Antofagasta plc is approximately 62%, indicating a strong interest from investment funds and other large financial institutions. This suggests a certain level of confidence in the company's stability and growth potential.

There were no significant insider purchases or sales in the last quarter, indicating that the management and other insiders currently do not expect significant changes in their assessment of the company's value. Such transactions are often seen as indicators of the company's future performance, so a lack of activity suggests a stable outlook.

Market share of Antofagasta plc: Approx. 8% (estimated for 2025)

Main competitors and their market shares:

1. BHP Group: 20%
2. Rio Tinto: 18%
3. Vale S.A.: 15%
4. Glencore: 12%
5. Freeport-McMoRan: 10%
6. Antofagasta plc: 8%
7. Southern Copper Corporation: 7%
8. Anglo American: 5%
9. First Quantum Minerals: 3%
10. Teck Resources: 2%

Moat of Antofagasta plc:

Antofagasta plc has a solid moat, mainly attributed to its strategically advantageous mining locations in Chile, one of the world's largest copper producers. Proximity to key infrastructures and years of mining experience strengthen their position.

However, compared to competitors, Antofagasta's moat is less pronounced than that of BHP Group or Rio Tinto, who enjoy broader protection due to their diversification into other commodities and global presence. These companies also benefit from larger economies of scale and a stronger negotiating position in international markets.

While Antofagasta specializes in copper, giving them an advantage during times of high copper demand, competitors could react more flexibly to market changes due to their diversification and larger financial resources.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Copper Production: 646,200 tons (2024)

Antofagasta plc recorded solid revenue growth of 8.5% in 2024, attributed to increased copper production and stable demand for raw materials. The company was able to increase its copper production to 646,200 tons, which is a positive development for future profitability.

The profit growth of 10.2% in 2024 indicates that the company was able to improve its efficiency and profitability. This is particularly important in a volatile commodity market where cost control and operational efficiency are crucial.

In addition, Antofagasta has invested in sustainable mining practices and technological innovations to remain competitive in the long term. These strategic investments could position the company to take advantage of future market opportunities.

Overall, the positive financial indicators and strategic initiatives suggest that Antofagasta plc could be a promising investment for investors interested in the commodity industry.

Dividend yield: 3.5% (estimated for 2025)
Average dividend yield of the last 5 years: 4.0%

Antofagasta plc is known for regularly paying out dividends. The company's dividend policy aims to return a significant portion of the profits to the shareholders, which usually results in an attractive dividend yield.

The reliability of dividend payments depends heavily on copper prices and the company's operational performance, as Antofagasta is a significant player in copper mining. However, in recent years, the company has pursued a stable dividend policy, indicating a certain level of reliability.

Analysts believe that the dividend yield could remain stable in the near future, provided that commodity prices and global demand remain stable.