Business description: Lundin Mining Corporation

Lundin Mining Corporation is a Canada-based mining company with three operating mines in Brazil and Chile. It produces commodities that support infrastructure and electrification. Its operations include Candelaria, Caserones, Chapada, and Vicuna. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, which produce copper concentrates from an open pit and underground mines. Candelaria is an open pit and underground mining operation providing copper ore to two on-site processing plants located near Copiapo in the Atacama region of Chil. Caserones is an open pit copper-molybdenum mine which produces high-quality copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing high-quality copper concentrate. Chapada is in the northern part of Goias State of Brazil, approximately 270 km northwest of the national capital of Brasilia. It holds interest in the Los Helados Project.

Number of employees: 6,195

Sales by Activity: Lundin Mining Corporation

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Candelaria - Chile

1.59B 1.32B 1.33B 1.62B 1.77B

Caserones - Chile

- - 602M 1.15B 1.62B

Chapada - Brazil

567M 478M 461M 498M 665M

Neves-Corvo - Portugal

479M 433M 425M - -

Eagle - USA

462M 520M 351M 152M -

Zinkgruvan - Sweden

228M 292M 224M - -

Geographical breakdown of sales: Lundin Mining Corporation

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Japan

667M 838M 663M 1.12B 1.22B

China

120M 168M 821M 1.07B 1.14B

Spain

607M 537M 603M 557M 680M

Unallocated

104M -89.02M -95.36M 15.46M 312M

United States(USA)

- - - - 266M

Germany

300M 242M 129M 130M 185M

Finland

291M 277M 275M 100M 125M

Other

389M 445M 433M 48.37M 121M

Chile

401M 125M - 169M -

Sweden

- - 160M - -

Canada

449M 497M 404M 214M -

Executive Committee: Lundin Mining Corporation

Manager TitleAgeSince
Chief Executive Officer 36 03/12/2023
Director of Finance/CFO 52 31/08/2022
Chief Tech/Sci/R&D Officer - 31/03/2023
Chief Operating Officer - 31/07/2022
Investor Relations Contact - 01/08/2023

Composition of the Board of Directors: Lundin Mining Corporation

Director TitleAgeSince
Director/Board Member 69 30/10/2006
Director/Board Member 66 30/10/2006
Director/Board Member 64 10/05/2020
Director/Board Member 36 17/02/2021
Chairman 39 11/05/2022
Director/Board Member 46 31/07/2022
Director/Board Member 62 22/03/2023
Director/Board Member 44 18/02/2025
Director/Board Member 60 07/05/2026

Shareholders: Lundin Mining Corporation

NameStocks%Valuation
Estate of Adolf H. Lundin
20.16 %
172,280,629 20.16 % 5 153 M $
Capital Research & Management Co. (World Investors)
10.18 %
86,993,421 10.18 % 2 602 M $
BlackRock Fund Advisors
1.562 %
13,348,431 1.562 % 399 M $
BlackRock Investment Management (UK) Ltd.
1.476 %
12,614,758 1.476 % 377 M $
BlackRock Asset Management Canada Ltd.
1.177 %
10,053,622 1.177 % 301 M $

Holdings: Lundin Mining Corporation

NameStocks%Valuation
29,365,51419.64% 128 M $

Company details: Lundin Mining Corporation

Lundin Mining Corp.

Four Bentall Centre

V7X 1L2, Vancouver

+604-689-7842

http://www.lundinmining.com
address Lundin Mining Corporation(LUN)

Group companies: Lundin Mining Corporation

NameCategory and Sector
Other Metals/Minerals
Other Metals/Minerals
Other Metals/Minerals
Other Metals/Minerals
Precious Metals

Integrated Mining

Change 5-day change 1-year change 3-year change Capi.($)
-3.66%-18.82%+149.13%+255.86% 22.79B
+0.20%-5.00%+57.47%+34.62% 215B
+0.13%-9.98%+71.46%+45.93% 173B
-0.91%-8.29%+93.75%+29.66% 89.27B
-2.12%-10.23%+81.41%+132.07% 90.49B
-3.46%-7.21%+16.17%+33.52% 62.7B
-1.49%-12.14%+69.03%+33.06% 54.05B
-3.35%-14.47%+56.55%+47.30% 30.33B
-1.67%-14.29%+105.24%+316.42% 28.29B
-2.86%-12.41%+4.27%+82.09% 24.98B
Average -1.92%-9.32%+70.45%+101.05% 79.06B
Weighted average by Cap. -1.02%-7.85%+67.51%+65.94%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
25.70USD
Average target price
29.49USD
Spread / Average Target
+14.75%

Quarterly revenue - Rate of surprise

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