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Antofagasta PLC
Antofagsta logo.png
Partner Information
Based Flag of Chile.png Santiago, Chile
London, UK
Founder 1888
Announced 9 October 2018[1]
Broke
Role Official Copper Mining Partner[2]
Official Website Antofagasta

Antofagasta Minerals, otherwise known as a part of the wider Antofagasta PLC, are a Chilean multinational company, which specialises in mining and refining metals.[3] Headquarted in London, UK, and Santiago, Chile, Antofagasta are one of the largest companies registered in South America, and own four of the most productive copper mines in the world.[3]

Antofagasta would first become involved in the ABB FIA Formula E Championship ahead of the inaugural Santiago E-Prix, serving as the title sponsor.[4] This deal was subsequently renewed ahead of the 2018/19 season, with Antofagasta signing an additional deal with Formula E Holdings to become the 'official copper mining partner' of the series.[1]

Background

Antofagasta can trace their history back to 1888, when the Ferrocarril de Antofagasta a Bolivia, a Bolivian railway company, listed itself on the London Stock Exchange.[3] Their plan was to operate a railway running between Antofagasta, a then-Bolivian port city, and the Bolivian capital La Paz.[3] The project was to be completed shortly before Antofagasta was formally transferred to Chile having been captured during the War of the Pacific.[3]

Mineral Migration

Ferrocarril de Antofagasta would continue to operate its rail network until the late 1970s, when businessman Grupo Luksic gained majority control.[3] He subsequently formed Antofagasta Holdings in 1980, with the railway company becoming a secondary division within the business as he invested in mining.[3] Autofagasta would subsequently obtain control of the Pelambres copper mine in 1986, before further in-house divisions saw Antofagasta Minerals become the group's largest, and effectively only, major entity in 1999.[3]

The 2000s would see Antofagasta continue to invest in mining and refining operations, with the Luksic family still holding majority control.[3]

Formula E History

Antofagasta were first involved in the ABB FIA Formula E Championship ahead of the 2018 Santiago E-Prix, with the group approached to be the race's title sponsor.[4] The deal to sponsor the race was subsequently renewed when Santiago joined the 2018/19 calendar, with Antofagasta also approaching Formula E Holdings to negotiate a wider deal.[1] The new deal, announced on the 9 October 2018, would see Antofagasta become a sponsor of the Formula E Championship, serving as the 'official copper mining partner' of the series.[2]

Products

Antofagasta serve the ABB FIA Formula E Championship as the 'official copper mining partner', and so are restricted to acting as a sponsor.[2]

References

Videos and Images:

References:

  1. 1.0 1.1 1.2 'Santiago set to return in Season 5', fiaformulae.com, (FIA Formula E, 09/10/2018), https://www.fiaformulae.com/en/news/2018/october/santiago-set-to-return-in-season-5, (Accessed 09/02/2018)
  2. 2.0 2.1 2.2 'Partners: ANTOFAGASTA MINERALS', fiaformulae.com, (FIA Formula E, 2019), https://www.fiaformulae.com/en/discover/partners/antofagasta-minerals, (Accessed 09/02/2019)
  3. 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 'History', antofagasta.co.uk, (Antofagasta PLC, 2019), http://www.antofagasta.co.uk/about-us/history/, (Accessed 09/02/2019)
  4. 4.0 4.1 Formula E set for Santiago's streets', fiaformulae.com, (FIA Formula E, 12/10/2017), http://www.fiaformulae.com/en/news/2017/october/formula-e-set-for-santiagos-streets/, (Accessed 12/10/2017)
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AllianzAntofagasta MineralsBosch • Copper Co. • EnelHeinekenHugo BossJulius Bär • Modis • Saudia
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