Lundin Mining Corporation is a mid-tier global base metals mining company engaged in the exploration, development, and operation of mineral properties. The company's primary revenue driver is copper, which accounts for over 80% of its sales, supplemented by secondary production of zinc, nickel, gold, silver, and lead. Its key operating assets include the Candelaria and Caserones copper mines in Chile, the Chapada copper-gold mine in Brazil, and the Eagle nickel-copper mine in the United States. In 2024, Lundin Mining generated $4.1 billion in total revenue, driven by record copper production of over 369,000 tonnes. The company has recently undertaken significant strategic moves to focus on its core Americas portfolio, including increasing its ownership in the Caserones mine to 70% and agreeing to sell its European assets (the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden) to Boliden. Additionally, Lundin Mining formed a 50/50 joint venture with BHP, named Vicuña Corp., to develop the large-scale Filo del Sol and Josemaria copper-gold-silver projects straddling the Argentina-Chile border. Lundin Mining controls the full mining value chain at its sites, from extraction to processing and concentrate sales to international smelters.
