Our history began as the Antofagasta (Chili) and Bolivia Railway Company limited, incorporated in London in 1888. It raised money on the London Stock Exchange to build and operate a railway from Antofagasta, a port on the Pacific Coast of northern Chile, to La Paz, the capital of Bolivia.

During the 1980s Antofagasta diversified into mining and other sectors, following acquisition of control by the Luksic Group.

1888

  • Antofagasta (Chili) and Bolivia Railway Company limited incorporated in London

1979

  • Luksic Group acquires controlling interest

1996

  • Financial and industrial interests exchanged for 33.6% interest in Quiñenco

1997

  • Start construction of Los Pelambres

1999

  • Start of low-cost copper production at Los Pelambres

2003

  • Demerger of 33.6% interest in Quiñenco
  • Acquisition of Aguas de Antofagasta

2006

  • Acquisition of exploration interests in Pakistan
  • Acquisition of Equatorial Mining to consolidate control of the Centinela Mining District

2008

  • Sale of 30% interest in Esperanza and El Tesoro to Marubeni
  • Start of Esperanza construction
  • Establish Energia Andina joint venture for geothermal opportunities

2009

  • Esperanza project finance US$1.05 billion
  • Los Pelambres expansion finance US$750 million
  • Start of early stage international exploration programme

2010

  • Los Pelambres expansion to 175 kptd
  • Twin Metals agreement with Duluth Metals

2011

  • Start of production of Esperanza
  • Start Centinela Mining District pre-feasibility
  • Initial approval of Antucoya project

2012

  • Sale of 30% of Antucoya to Marubeni
  • Review of Antucoya project

2013

  • Start of construction of Antucoya
  • Acquire interest in Alto Maipo hydro-electric project
  • Antucoya secures US$650 million project financing

2014

  • Esperanza and El Tesoro combined as Minera Centinela
  • Acquisition of Duluth Metals Limited ("TMM")

2015

  • Sale of Aguas de Antofagasta
  • Aquired 50% of Zaldívar