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Antofagasta plc (ANTO.L)

LSE - LSE Delayed Price. Currency in GBp (0.01 GBP)
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1,796.50-85.00 (-4.52%)
At close: 05:28PM BST
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  • Simply Wall St.

    Antofagasta (LSE:ANTO) Faces Dividend Cut and Lower Earnings Despite Strong Production Growth Prospects

    Antofagasta (LSE:ANTO) is navigating a dynamic environment marked by both opportunities and challenges. Recent highlights include a 2% increase in revenue and a 5% rise in EBITDA, juxtaposed against operational uncertainties and high local inflation. In the discussion that follows, we will delve into Antofagasta's financial health, operational inefficiencies, strategic growth initiatives, and external threats to provide a comprehensive overview of the company's current business situation.