Chile’s Antofagasta: Copper Output in Line With Plans

Dec.03 — Ivan Arriagada, chief executive officer of Antofagasta Plc, a Santiago-based copper miner, discusses the demand outlook for the commodity and the company’s strategy. The confluence of factors turning producers into cash machines is also emboldening workers in Chile, raising the risk of stoppages in a hectic period of wage talks for the biggest copper-mining nation. A rare combination of surging prices and weak local currencies is swelling industry margins, which are also being aided by productivity gains during the coronavirus pandemic. Arriagada speaks on “Bloomberg Daybreak: Australia.”

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