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      "text": "Guidance ~1.4 (previously ~1.5) ~1.2 (previously ~1.8) ~1.3 (previously ~1.8) ~1.3 Collahuasi² (Copper) ~0.1 ~0.1 ~0.2 ~0.1 Quellaveco³ (Copper) Woodsmith4 ~0.7 ~0.9 ~1.0 ~1.0 Technology & innovation ~0.3 ~0.2 ~0.1 ~0.1 2023F 2024F 2025F 2026F",
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      "text": "1. Cash expenditure on property, plant and equipment including related derivatives, net of proceeds from disposal of property, plant and equipment and includes direct funding for capital expenditure from non-controlling interests. Consequently, for Quellaveco, growth capex reflects our attributable share. Guidance includes unapproved projects and is, therefore, subject to the progress of project studies, and unapproved Woodsmith capex of ~$1bn pa is included after 2024. 2. Attributable share of Collahuasi debottlenecking project capex at 44%. 3. Attributable share of Quellaveco project capex at 60%. 4. Capex spend for 2020-2024 is approved. In 2025 and 2026, indicative Woodsmith capex is included, subject to Board approval.",
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