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Antofagasta looks to second-half boost

Interim profits are up on last year but mine improvements need to come online for full-year guidance to be hit
August 10, 2023
  • Profits climb after plummeting in 2022
  • Interim payout of 11.7ȼ as per policy

Copper giant Antofagasta (ANTO) is relying on a strong finish to the year as significant projects contribute to output and boost productivity. The Chilean company is in a downswing from record profits in 2021, which were driven by the copper price climbing to over $10,000 (£7,384) a tonne. 

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