Additional European Equity News

Antofagasta (ANTO LN) - FY25 (USD) Revenue 8.62bln (exp. 8.5bln), EBITDA 5.20bln (prev. 3.42bln Y/Y), Dividend/shr 64.6p (prev. 31.4p Y/Y). "We are pleased to announce a final dividend recommended for 2025 of 48 cents per share, which, if approved, would equate to a full year pay-out ratio of 50%". Copper: "Copper's fundamental value continues to be demonstrated through sustained demand growth, driven by the global structural trends of energy security and electrification, which saw copper achieve record prices in 2025. As a pure-play copper producer with a portfolio of operations and extensive growth options in established jurisdictions, we are uniquely well-positioned to continue generating long-term stakeholder value and delivering on our purpose - developing mining for a better future." 2026: "The Group's copper production guidance for 2026 remains unchanged at 650,000-700,000 tonnes. Cash costs before by-product credits and net cash costs are expected to be between $2.30/lb and $2.50/lb and between $1.15/lb and $1.35/lb, respectively". "In 2026, consolidated Group capital expenditure, which excludes Zaldívar, is expected to be $3.4 billion".