One of the largest zinc mining companies in the world, the company reported consolidated net revenue of $722 million, compared to $603 million in the same period of 2020.
Both Anglo American and Antofagasta have reported drops in production due to water availability issues exacerbated by a historic drought that's affected the country for more than a decade.
The Russian invasion of Ukraine, covid-related supply chain disruptions, and rising inflation have all fuelled a narrative that the clean energy transition will be highly inflationary.