Antofagasta CEO Says `Outlook for Copper Is Very Positive'

Antofagasta CEO Says `Outlook for Copper Is Very Positive'

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Business, Other

University

Hard

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Ivan Arriagada, CEO of Antofagasta, discusses the positive outlook for copper prices driven by strong demand from emerging markets, particularly China, and supply constraints. Despite trade tensions, copper demand remains robust, with significant growth expected in renewable energy and electromobility. Antofagasta focuses on capital discipline and developing existing reserves rather than pursuing aggressive M&A. China's economic measures have mitigated the impact of trade tensions, supporting continued demand for copper.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the CEO of Antofagasta plan to manage capital discipline in their projects?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected trends in copper demand due to new technologies like electric cars?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the anticipated growth in copper usage for electromobility by 2030?

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