DEVELOPING MINING FOR A BETTER FUTURE

Annual Report and Financial Statements 2018

2018 HIGHLIGHTS 

  • Record year of copper production - 725,300 tonnes, an increase of 3.0% compared with 2017 with higher production, particularly at Los Pelambres and Centinela

  • Net cash costs $1.29/lb on lower grades at Centinela and higher input costs offset by higher by-product credits

  • EBITDA of $2,228 million and margin of 47.0%, reflecting strong copper sales, lower copper price, lower grades and higher input costs