Antofagasta Shares Fall as Los Pelambres Disruption Cuts 2026 Copper Guidance
Antofagasta shares closed 2.37% lower at £35.01, extending the gap from the company’s 52-week high of £44.75 to almost 22%. The Chile-focused copper producer has reduced its 2026 production guidance to 625,000–655,000 tonnes, from the previous range of 650,000–700,000 tonnes, following disruption at Los Pelambres.
The production downgrade comes as…