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Antofagasta output still under pressure from water shortages

Chile-focused copper miner Antofagasta reported falling profits, as higher costs, lower grade, and operational challenges from a persistent water shortage all added pressure.

Antofagasta output still under pressure from water shortages Antofagasta output still under pressure from water shortages Antofagasta output still under pressure from water shortages Antofagasta output still under pressure from water shortages Antofagasta output still under pressure from water shortages

Revenues for the first half of 2022 were down 30% to US$2.53 billion from US$3.59 billion in the first half of 2021.