{
  "docId": "019de518-dbe5-74df-9dbb-3e66f5eed4bb",
  "docSlug": "917d6d7ccf5c26956f3fdb3cb61ab659",
  "documentTitle": "Antofagasta | Results Presentation Deck | 35 slides",
  "authorId": "antofagasta",
  "authorName": "Antofagasta",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2025-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 11,
  "pageCount": 35,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "propose_solution",
  "function": "propose_solution",
  "density": "overcrowded",
  "nDataPoints": 7,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de518-dbe5-74df-9dbb-3e66f5eed4bb/11",
  "deckHref": "/decks/019de518-dbe5-74df-9dbb-3e66f5eed4bb",
  "deckJsonHref": "/decks/019de518-dbe5-74df-9dbb-3e66f5eed4bb.json",
  "deckAnchorHref": "/decks/019de518-dbe5-74df-9dbb-3e66f5eed4bb#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.11,
        "w": 0.73,
        "x": 0.192,
        "y": 0.725
      },
      "kind": "list",
      "text": "Water outsourcing\n16 years Water transport agreement\nAnnounced March 2024\nOutsourcing existing water supply, selling existing infrastructure ($600M)\nand avoiding c.$380 million of expansion capex",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "044621be-7d38-4d2f-b343-d16ca7b44e4d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.11,
        "x": 0.049,
        "y": 0.25
      },
      "kind": "list",
      "text": "Objectives\nFunding\ngrowth\nStrong\nbalance\nsheet\nShareholder\nreturns",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "05772f58-577d-4c41-b017-bdb3428c5f40",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.32,
        "w": 0.73,
        "x": 0.192,
        "y": 0.387
      },
      "kind": "list",
      "text": "Structured finance\n12 years Centinela Second Concentrator\nAnnounced December 2023\n$2.5 billion term loan facility, 12-year term with 4-year drawdown period\n(covering construction period)\nStructure designed to protect Group-level free cash flow\nUp to 20 years Los Pelambres: New financing\nAnnounced February 2025\nInfrastructure financing ($2 billion) with two tranches (c.9 years and 20\nyears)",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1de8d9dd-a2c9-4167-bd3e-5cda5ad808a5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.11,
        "w": 0.73,
        "x": 0.192,
        "y": 0.249
      },
      "kind": "list",
      "text": "Debt capital markets\n10 years Third corporate bond issuance\n$750M senior unsecured notes due 2034, announced April 2024\nGeneral corporate purposes",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "64c04984-1d2d-4204-a211-2f53a37b9808",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.326,
        "x": 0.039,
        "y": 0.07
      },
      "kind": "paragraph",
      "text": "Financing strategy as a key enabler",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ad585cc-66d8-4ec6-b3ae-0ef62533dccc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.012,
        "w": 0.159,
        "x": 0.81,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "Antofagasta plc | 2024 Full Year Results",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "39a4aab0-8496-461e-aae2-ccd8b1f0872f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.046,
        "w": 0.549,
        "x": 0.039,
        "y": 0.104
      },
      "kind": "title",
      "text": "Strengthening cash flows at the Group level",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4fb5493d-1a6f-464e-af82-8ea6282e8cab",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 15,
      "from": 10,
      "beatId": "7d764e10-1d7c-4896-8b8a-d032c90f3dec",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "The document presents Antofagasta's strategy to address the challenges and deliver value and growth.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 15,
      "from": 10,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "ab9ce7e8-d88b-45e8-8f3d-544eec1cb957",
      "evidence": "The document highlights the importance of investing in growth and sustainability to deliver value and avoid potential negative consequences.",
      "position": 1,
      "objective": "The consequences of not investing in growth and sustainability",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}