Antofagasta reports record core profit of 5.2 billion dollars as copper prices soar

The Chilean miner reported a record annual EBITDA of 5.2 billion dollars for 2025 today. Surging copper prices drove the 52 percent jump in core earnings.

Insights:
Antofagasta plc , a copper miner based in Chile CLCL, reported a 52% increase in its 2025 core profit today, with earnings before interest, taxes, depreciation, and amortization (EBITDA) rising to a record $5.2 billion. The company attributed the stronger results to higher copper prices, which served as the primary driver for the record-scale financial outcome despite a modest decline in production during the year.
FILE PHOTO: A view of a miners' camp inside Antofagasta's Los Pelambres mine near Los Caimanes town, Chile, on January 27, 2007. REUTERS/Victor Ruiz Caballero/File Photo
FILE PHOTO: A view of a miners' camp inside Antofagasta's Los Pelambres mine near Los Caimanes town, Chile, on January 27, 2007. REUTERS/Victor Ruiz Caballero/File Photo
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