Antofagasta PLC is a Chilean business operating in various sectors of the economy. The company is one of the major conglomerates of Chile with equity participation in Antofagasta Minerals, the railroad from Antofagasta to Bolivia, Twin Metals in Minnesota and other exploration joint ventures in various other parts of the world.
Antofagasta PLC operates as well as owns copper mines in Chile, conducting exploration in both Chile and Peru. The company also operates a rail network servicing the mining region of northern Chile, as well as a concession for the distribution of water within this region.
In 1980, the majority of the company's shares were acquired by the Grupo Luksic and the two businesses which were integrated under the name Antofagasta Holdings.
Antofagasta PLC is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index.
Antofagasta PLC Market Influences
Antofagasta PLC’s share price is influenced by a variety of different factors. These range from inflation and exchange rates, market sentiment, international politics and world crises, changes in governmental and economic policy, as well as internal developments within the company.