Tuesday 7 July 2020

Antofagasta Minerals produced 136150 tons of cathode copper in Chile in 2019 (taking into account the shares of its partners)?

From the series of publications
"So they create a fairy tales for the investor" -
"They draw up the necessary documents
and begin to search for the simpleton..."


 IMHO, in 2019, "Antofagasta Minerals" together with partners produced 211100 tons of cathode copper in Chile.
Antofagasta Minerals produced 136150 tons of cathode copper in Chile in 2019 (taking into account the shares of its partners).
It seems to me that this is not enough for world's largest copper producer.


Antofagasta Minerals "LOS PELAMBRES" (Chile)

 Owners:
Antofagasta Minerals 60% (Chile)
Nippon LP Investment 25% (Japan)
MM LP Holding BV 15% (Japan)
(Antofagasta Minerals, Nippon Mining & Metals, Mitsubishi  Materials, Marubeni y Mitsubishi Corp.)

The plant Antofagasta Minerals "Los Pelambres" (Chile) does not produce neither copper, nor molybdenum, nor gold or silver.
The plant Antofagasta Minerals "Los Pelambres" produces copper concentrates and molybdenum concentrates, nothing more. A concentrate is stones, sand, minerals, but not metals.


Antofagasta Minerals "CENTINELA" (Chile)

Owners:
Antofagasta Minerals 70% (Chile)
Marubeni Corporation 30% (Japan)

The plant Antofagasta Minerals  "Centinela" (Chile) produced 81100 tons of copper cathodes in 2019. The rest is copper concentrates and molybdenum concentrates, which are not copper or molybdenum.


Antofagasta Minerals "ANTUCOYA" (Chile)

Owners:
Antofagasta Minerals 70% (Chile)
Marubeni Corporation 30% (Japan)

The plant Antofagasta Minerals  "Antucoya" (Chile) produced 71900  tons of copper cathodes in 2019.


Antofagasta Minerals "ZALDIVAR" (Chile)

Owners:
Antofagasta Minerals 50% (Chile)
Barrick Gold Corp. 50% (Canada)

The plant Antofagasta Minerals  "Zaldívar" (Chile) produced 58100 tons of copper cathodes in 2019.

 Ph.D. Natalia Petrovskaya

   References
  1. https://www.aminerals.cl/que-hacemos/nuestras-companias/chile/minera-los-pelambres/
  2. http://web.pelambres.cl/
  3. https://consejominero.cl/quienes-somos/socios/antofagasta-minerals/
  4. https://miningdataonline.com/property/1380/Centinela-(Esperanza)-Mine.aspx#Production
  5. http://web.antucoya.cl/que-hacemos/nuestras-companias/chile/minera-antucoya/

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