2010 Full Year Results Presentation - Antofagasta plc
2010 Full Year Results Presentation - Antofagasta plc
2010 Full Year Results Presentation - Antofagasta plc
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Strategy<br />
Strategic Plan for the Mining Division 2009 - 2015<br />
3. Growth beyond<br />
the Core Business<br />
2. Organic &<br />
sustainable growth of<br />
the Core Business<br />
1. Securing &<br />
strengthening<br />
the Core Business<br />
• Major copper producer with existing lowcost<br />
operating base in Chile<br />
• Copper production to increase nearly<br />
60% from 2009 to 2011E, providing low<br />
cost and profitable growth<br />
– 2009 : 443k tonnes<br />
– <strong>2010</strong> : 521k tonnes<br />
– 2011E : 715k tonnes<br />
– Increased molybdenum and gold by-products<br />
1<br />
Los Pelambres<br />
El Tesoro<br />
Michilla<br />
Esperanza<br />
3<br />
Search for high-potential early stage<br />
mining base:<br />
- Chile (outside Sierra Gorda and Los<br />
Pelambres districts)<br />
- International<br />
Reko Diq<br />
• Substantial resources in existing areas of<br />
operation identified through exploration<br />
• Early-stage prospects and earn-in<br />
agreements acquired in Chile and abroad<br />
2<br />
Los Pelambres district<br />
Sierra Gorda district<br />
Nokomis<br />
Generation of international capabilities<br />
• Social and environmental strategies to<br />
support objectives<br />
Michilla/Antucoya<br />
Coal gasification and geothermal<br />
27
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