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Antofagasta's 2025 core profit climbs 52% on soaring copper prices

17th February 2026

By: Reuters

  

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LONDON - Chilean copper miner Antofagasta posted a 52% jump in annual core profit on Tuesday, aided by higher prices for the metal despite a modest production drop.

Earnings before interest, tax, depreciation and amortisation (EBITDA) for 2025 rose to a record $5.2-billion from $3.43-billion a year earlier, in line with analysts' expectations.

The copper miner's proposed final dividend for 2025 was 48 cents a share, meaning full-year distributions work out at a 50% payout of underlying earnings per share.

Antofagasta made a record shareholder payout of 142.5 cents a share in 2021, for a total $1.4-billion. Its policy is to return at least 35% of net earnings to shareholders.

Edited by Reuters

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