Antofagasta plc has successfully completed the process to enter into a water transportation agreement by Minera Centinela, involving its existing water supply and future water supply to the Centinela Second Concentrator Project. This follows the Company’s earlier announcement dated 19 March 2024. The completion of this process marks a significant milestone for Antofagasta and its subsidiary, Centinela.
The agreement is a crucial step in ensuring the water supply for the Centinela Second Concentrator Project, demonstrating the company's commitment to sustainable mining practices. This development aligns with Antofagasta's purpose of "Developing Mining for a Better Future."
The successful completion of this process underscores Antofagasta's dedication to strategic planning and operational efficiency. It also reflects the company's proactive approach to addressing the infrastructure needs of its mining projects, ensuring the necessary resources for continued operations and expansion.
This achievement is in line with Antofagasta's broader strategy and purpose, emphasizing its commitment to responsible and sustainable mining practices. The company's focus on securing essential resources such as water for its operations underscores its dedication to long-term success and environmental stewardship.
Overall, the completion of the process to transfer Centinela's water supply infrastructure represents a significant step forward for Antofagasta plc, reinforcing its position as a leading mining company committed to sustainable development and operational excellence.