Antofagasta plc is a Chile-based copper mining group with significant by-product production and interests in transportation. The Group creates value for its stakeholders through the discovery, development and operation of copper mines. The Group is committed to generating value in a safe and sustainable way throughout the commodity cycle. Antofagasta has consistently created value for our shareholders as a result of our expertise in the discovery of copper resources and the subsequent development and operation of copper mines. The organic growth we have achieved as a result of our in-house exploration work has allowed us to exercise full control from the outset over how our projects are developed. Given that much of the potential value of a mining project is realised (or lost) during the evaluation stage when the optimal nature of the project is determined, this control has enabled us to maximise the value we can create from our mineral deposits.