Anglo American Sur

{{Short description|Copper mining company}} {{Infobox company | name = Anglo American Sur | logo = | logo_size = 250px | type = Public – S.A. | parent = Anglo American plc | traded_as = | industry = Metals and mining | foundation = | location = Santiago, Chile | area_served = South America | key_people = | production = {{decrease}} 220,600 metric tonnes copper | production_year = 2024<ref name=anuario2025/> | revenue = | operating_income = | net_income = | num_employees = | owner = Anglo American plc (50.1%)<br/>Inversiones Mineras Becrux (29.5%) *Codelco (67.8%) *Mitsui (32.2%) Mitsubishi Corp (20.4%) | subsid = | homepage = }} '''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%).<ref name=codelcomit/><ref name=equipo>{{Cite web |title=Anglo American y Codelco Ponen Fin a Disputa por AAS |url=https://www.equipo-minero.com/noticias/anglo-american-y-codelco-ponen-fin-a-disputa-por-aas/ |date=2012-09-04 |access-date=2025-07-03 |website=equipo-minero.com |language=es}}</ref> Inversiones Mineras Becrux is an ''ad hoc'' joint venture of Codelco and Mitsui where Codelco owns 67.8% of it.<ref name=codelcomit>{{Cite web |title=Codelco and Mitsui form a Joint Venture to Possess 29.5% of Anglo Sur S.A. |url=https://www.codelco.com/codelco-and-mitsui-form-a-joint-venture-to-possess-29-5-of-anglo-sur-s-a |date=2012-08-23 |access-date=2025-07-03 |website=Codelco}}</ref> ==Mines== 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 two mentioned mines and the smelter are all certified with The Copper Mark.<ref name=bnamericas>{{Cite web |title=The role of the Copper Mark in responsible mining |url=https://www.bnamericas.com/en/interviews/the-role-of-the-copper-mark-in-responsible-mining |date=2022-09-09 |access-date=2025-08-21 |website=BNamericas}}</ref> ==History== In August 2012 the ownership structure of the company was reformed in a Codelco-Anglo American plc agreement that came after negotiations that followed the invocation of a disposition dating to the privatization of Los Bronces, then known as Disputada de Las Condes, in 1977.<ref name=equipo/><ref name=codelcomit/> In November 2012 Codelco lowered its participation in Inversiones Mineras Becrux from to 83% to 67.8% reflecting in a decrease of its indirect stakes in Anglo American Sur from 24.5% to 20%.<ref name=anuario2025>{{Cite report |title=Anuario de estadisticas del cobre y otros minerales |year=2025 |publisher=Chilean Copper Commission |trans-title=Yearbook: Copper and Other Mineral Statistics: 2005 2024}}</ref> Prior to 2012 Anglo American plc owned 75.5% of Anglo American Sur and Mitsubishi Corp 24.5%.<ref name=equipo/>

In February 2025 an agreement was signed between Codelco and Anglo American to integrate the operations of the neighbouring mines of Andina and Los Bronces.<ref name=dfmemo>{{Cite news |title=Anglo American y Codelco firman histórico Memorandum de Entendimiento para plan conjunto minero en el distrito Andina-Los Bronces |last=Martínez |first=Rodrigo |date=2025-02-20 |url=https://www.df.cl/empresas/mineria/anglo-american-y-codelco-firman-historico-memorandum-de-entendimiento-para |access-date=2025-07-13 |work=Diario Financiero |language=es}}</ref> As part of the agreement a joint mining plan is scheduled to run from 2030 to 2051.<ref name=dfmemo/>

==References== {{reflist}}

Category:Anglo American Sur Category:Mining companies established in the 21st century Category:Companies based in Santiago, Chile Category:Copper mining companies of Chile