Anglo American Sur
| Company type | Private |
|---|---|
| Industry | Metals and mining |
| Headquarters | Santiago, Chile |
Area served | South America |
| Owner | Anglo American plc (50.1%) Inversiones Mineras Becrux (29.5%) Mitsubishi Corp (20.4%) |
Anglo American Sur or AAS is a copper mining company based in Chile that is a joint venture of Anglo American (50.1%), Inversiones Mineras Becrux (29.5%) and Mitsubishi (20.4%).[1][2] Inversiones Mineras Becrux is an ad hoc joint venture of Codelco and Mitsui where Codelco owns 83% of it.[1] The company operate the mines of Los Bronces and El Soldado, both near Santiago in Central Chile. Anglo American Sur also owns the copper smelter Fundición Chagres near El Soldado.
The current ownership structure was set in a Codelco-Anglo American plc agreement in August 2012. Prior to this Anglo American plc owned 75.5% of Anglo American Sur and Mitsubishi Corp 24.5%.[2] The agreement came after negotations that followed the invocation of a disposition dating to the privatization of Los Bronces, then known as Disputada de Las Condes, in 1977.[2][1]
In February 2025 an agreement was signed between Codelco and Anglo American[clarification needed] to integrate the operations of the neighbouring mines of Andina and Los Bronces.[3] As part of the agreement a joint mining plan is scheduled to run from 2030 to 2051.[3]
References
[edit]- ^ a b c "Codelco and Mitsui form a Joint Venture to Possess 29.5% of Anglo Sur S.A." Codelco. 2012-08-23. Retrieved 2025-07-03.
- ^ a b c "Anglo American y Codelco Ponen Fin a Disputa por AAS". equipo-minero.com (in Spanish). 2012-09-04. Retrieved 2025-07-03.
- ^ a b Martínez, Rodrigo (2025-02-20). "Anglo American y Codelco firman histórico Memorandum de Entendimiento para plan conjunto minero en el distrito Andina-Los Bronces". Diario Financiero (in Spanish). Retrieved 2025-07-13.
| Subsidiaries and joint ventures |
|
|---|---|
| Assets | |
| People | |
