Antofagasta Nine-month Group Turnover Declines - Quick Facts

Antofagasta plc. (ANTO.L) reported that Group turnover for the nine months ended 30 September 2009 was US$2.02 billion, compared to US$3.31 billion in the same period of 2008. This decrease mainly reflected the impact of lower realised prices for copper and molybdenum during the period, as well as reduced copper sales volumes. Group EBITDA for the nine-month period was US$1.13 billion, compared to US$2.22 billion in the first nine months of 2008.

At 30 September 2009 the Group had cash and cash equivalents of US$2.95 billion. Excluding the minority share in each partly-owned operation, the Group's attributable share of total cash and cash equivalents was US$2.65 billion.

by RTTNews Staff Writer

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