Sale of Electricity Transmission Lines
NEWS RELEASE, 13 JULY 2018
SALE OF ELECTRICITY TRANSMISSION LINES
CENTINELA SELLS NON-CORE ASSETS
Yesterday Antofagasta plc's (the "Company") subsidiary Mineral Centinela announced the sale of Centinela Transmisión, the company that holds its electricity transmission lines, for $117 million.
Ivan Arriagada, the CEO of Antofagasta plc, commented: "This sale is consistent with the Group's strategy of disposing of its water and energy assets. This allows us to focus on our core business of producing copper safely and profitably, while also taking advantage of any organic growth opportunities that may arise".
Further details of the sale can be found at www.aminerals.cl.
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Investors - London Media - London
Andrew Lindsay alindsay@antofagasta.co.uk Carole Cable antofagasta@brunswickgroup.com
Telephone +44 20 7808 0983 Telephone +44 20 7404 5959
Andres Vergara avergara@antofagasta.co.uk Will Medvei antofagasta@brunswickgroup.com
Telephone +44 20 7808 0988 Telephone +44 20 7404 5959
Investors - Santiago Media - Santiago
Francisco Veloso fveloso@aminerals.cl Pablo Orozco porozco@aminerals.cl
Telephone +56 2 2798 7000 Carolina Pica cpica@aminerals.cl
Telephone +56 2 2798 7000
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