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Sale of Electricity Transmission Lines

Sale of Electricity Transmission Lines.

articleAntofagasta PlcJuly 13, 20185/company/antofagasta-plc/news/sale-of-electricity-transmission-lines
Sale of Electricity Transmission Lines

About this update from Antofagasta Plc

[{"type":"text","content":"\n \nRNS Number : 5589U Antofagasta PLC 13 July 2018  \n\nNEWS RELEASE, 13 JULY 2018\n \n \nSALE OF ELECTRICITY TRANSMISSION LINES\nCENTINELA SELLS NON-CORE ASSETS\n \n \nYesterday Antofagasta plc's (the \"Company\") subsidiary Mineral Centinela announced the sale of Centinela Transmisión, the company that holds its electricity transmission lines, for $117 million.\n \nIvan Arriagada, the CEO of Antofagasta plc, commented: \"This sale is consistent with the Group's strategy of disposing of its water and energy assets. This allows us to focus on our core business of producing copper safely and profitably, while also taking advantage of any organic growth opportunities that may arise\".\n \nFurther details of the sale can be found at www.aminerals.cl.\n \n \n \n \n \n \n \n \n \n                                                                                                                                                                                                ______\nInvestors - London                                                      &nbsp...

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