Antofagasta plc, subsidiary Antofagasta Minerals announced the sale of its 29.25% stake in Parque Eolico El Arrayan wind farm, a company that provides renewable energy to Los Pelambres, for $28 million.
In 2017, 54% of Los Pelambres’ energy consumption came from Non-Conventional Renewable Energy (NCRE) sources, including Parque Eólico El Arrayán and two photovoltaic plants. The objective to increase renewable energy sources to Minera Los Pelambres and the other operations in the Group remains in place and is not impacted by the sale of Antofagasta´s stake in El Arrayán.
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