What is Antofagasta PLC?
Antofagasta plc operates as a mining company.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company is listed on the LSE in UK, operating in the Basic Materials sector, with a market capitalisation of 37.48B, and a P/E ratio of 29.9x.
A short list of Copper names that are close enough in size to make side-by-side comparison useful.
Openbook research
Antofagasta stock analysis covers a copper producer with four Chilean mines. H1 2026 brought record margins on higher prices and 9 per cent lower output.
The LME copper backwardation hit $550 a tonne, then collapsed in 48 hours. The price barely moved. What that split means for Antofagasta and LSE peers.