Antofagasta CEO on Copper, ESG, Chile Constitution

The video discusses the current state and future outlook of the copper market, highlighting short-term volatility and strong long-term fundamentals driven by the energy transition. It covers market consensus on price projections, the impact of Chile's new constitution on mining, and the shift towards sustainable practices, including the use of renewable energy and green hydrogen projects to achieve carbon neutrality by 2050.

What is the long-term outlook for copper prices according to the market consensus?

• Above $4

• Stable at $2.50

• Around $3.33

• Below $3

How might Chile's new constitution affect the mining industry?

• It will increase foreign investment.

• It will introduce stricter environmental regulations.

• It will eliminate water rights.

• It will reduce mining taxes.

What change is being made to water rights in Chile's new constitution?

• Water rights will be abolished.

• Water rights will become administrative permits.

• Water rights will be sold to the highest bidder.

• Water rights will remain unchanged.

What is the company's target year to become carbon neutral?

• 2030

• 2050

• 2060

• 2040

What renewable energy source is the company using to meet its electricity needs?

• Renewable energy

• Hydroelectric power

• Nuclear energy

• Coal power