MENU GLOBAL SITES SECTION MENU ANNUAL REPORT 2020 Home Investors Annual Report 2020 INVESTORS DEVELOPING MINING FOR A BETTER FUTURE Annual Report and Financial Statements 2020 DOWNLOAD ANNUAL REPORT 2020 (PDF) 2020 HIGHLIGHTS Safety Another year of record safety performance with no fatal accidents and a LTIFR of 0.86 Copper production Copper production was 733,900 tonnes, reflecting our resilience and flexibility in the face of the year’s challenges Net cash costs Net cash costs were $1.14/lb, 6.6% lower than last year due to the weaker Chilean peso, lower input costs and continued tight cost control, partially offset by lower production EBITDA EBITDA increased by 12.3% to $2,739 million with an EBITDA margin of 53%, reflecting solid copper production, a stronger copper price and lower cash costs Earnings per share Underlying EPS of 54.7 cents per share, 7.4% higher than the previous year on higher EBITDA, partially offset by higher depreciation and amortisation, and tax. EPS including discontinued operations and exceptional items of 51.3 cents per share, up 0.8% Dividend per share Total dividend of 54.7 cents per share, equivalent to a 100% payout ratio Projects Los Pelambres Expansion, Zaldívar Chloride Leach and Esperanza Sur pit growth projects delayed by COVID-19, now due to start production in 2022 ANNUAL REPORT 2020 2020 Annual Report (PDF) SITEMAP ABOUT US Our Purpose Our Strategy Business Model Our Approach Corporate Governance Leadership Team Our History OUR BUSINESS Mining Division Transport Division Growth Projects Exploration The Role of Copper SUSTAINABILITY At a Glance Sustainability Policy Responsible Supply Our People Safety and Health Communities Climate change Environment Biodiversity Sustainability Report Library INVESTORS Reports & Presentations Annual Report 2020 Annual Report Library Shareholder Information Fixed Income Investors Financial Calendar News IR Contact MEDIA News Articles COVID-19 Photo Gallery Video Library Media Contact STAY INFORMED Receive our news alerts and latest news and events. Email Alerts Twitter LinkedIn YouTube Disclaimer Accessibility Legal notice Privacy Statement Cookies notice Tu Voz - Whistleblowing Modern Slavery Statement Cookie Settings 2021 Antofagasta plc. By emperor OUR APPROACH Values and Principles Our Approach to Risk Relationships CORPORATE GOVERNANCE Framework & Structure Board Composition Board Committees Risk Management and Compliance Stakeholder Engagement Tax Strategy LEADERSHIP TEAM Board Senior Management OUR BUSINESS Mining Division MINING DIVISION Los Pelambres Centinela Antucoya Zaldívar Mining Map Transport Division Growth Projects Exploration The Role of Copper Environment Biodiversity Sustainability Report Library ANNUAL REPORT 2020 Chairman's Statement CEO Statement KPIs SHAREHOLDER INFORMATION Share Information Shareholder Services Dividend Information AGM Information Advisors & Registrars Analyst Coverage FINANCIAL CALENDAR Preliminary Results Q1 2022 Production Report AGM Q2 2022 Production Report Half Year Results Q3 2022 Production Report Q4 2022 Production Report NEWS Email Alerts IR Contact MEDIA News Articles COVID-19 Photo Gallery Video Library Media Contact CAREERS Inclusive Culture Our use of cookies We use essential cookies to make our site work. We also set analytics cookies to help us improve it. We won't set other optional cookies unless you enable them. AcceptRejectSettings