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Minera Los Pelambres S.A.

Company Detail

Description

Minera Los Pelambres S.A. (Los Pelambres) is a company controlled by Grupo Luksic (60%) through the firm Antofagasta Minerals S.A. and a Japanese consortium (40%). Headquartered in Santiago de Chile and operating in the mountains of the Region of Coquimbo, Los Pelambres produces copper-gold concentrate and molybdenum concentrate since the year 2000. T Los Pelambres' production during 2015 reached 363,200 tons of copper, 51,400 oz of gold and 10,100 tons of molybdenum with an operating profit of US$555 millions. Besides, until 2016, Los Pelambres had 40% shares of the hydropower project Alto Maipo, which in January 2017 were sold and transferred to AES Gener, reaching agreements on long-term power supply.

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