Company Lundin Mining Corporation

LUN

CA5503721063

Diversified Mining

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01-15	Swedish Stocks in North America - Ericsson Down 0.7 Percent	FW
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Business description: Lundin Mining Corporation

Lundin Mining Corporation is a diversified Canadian base metals mining company. The Company has operations or projects in Argentina, Brazil, Chile, and the United States of America, primarily producing copper, gold and nickel. Its operations include Candelaria, Caserones, Chapada, Eagle, Vicuna, Neves-Corvo and Zinkgruvan. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, that produce copper concentrates from open pit and underground mines. Caserones is an open pit copper-molybdenum mine which produces copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing copper concentrate. Eagle is an underground mine producing nickel and copper concentrates. Vicuna is a joint venture, which holds the Filo del Sol project and the Josemaria project located along the Chile-Argentina border. Neves-Corvo is a copper and zinc mine producing copper, zinc and lead concentrates.

Number of employees: 6,195

Sales by Activity: Lundin Mining Corporation

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Candelaria - Chile	875M	1.59B	1.32B	1.33B	1.62B
Caserones - Chile	-	-	-	602M	1.15B
Chapada - Brazil	445M	567M	478M	461M	498M
Neves-Corvo - Portugal	257M	479M	433M	425M	-
Eagle - USA	294M	462M	520M	351M	152M
Zinkgruvan - Sweden	169M	228M	292M	224M	-

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Geographical breakdown of sales: Lundin Mining Corporation

Fiscal Period: December	2020 (USD)	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Japan	404M	667M	838M	663M	1.12B
China	189M	120M	168M	821M	1.07B
Spain	385M	607M	537M	603M	557M
Canada	304M	449M	497M	404M	214M
Chile	-	401M	125M	-	169M
Germany	-	300M	242M	129M	130M
Finland	220M	291M	277M	275M	100M
Other	-	389M	445M	433M	48.37M
Unallocated	64.92M	104M	-89.02M	-95.36M	15.46M
Other Americas	119M	-	-	-	-
Other Asia	39.12M	-	-	-	-
Other Europe	317M	-	-	-	-
Sweden	-	-	-	160M	-

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Executive Committee: Lundin Mining Corporation

Manager	Title	Age	Since
Jack Lundin CEO	Chief Executive Officer	36	2023-12-03
Teitur Nolsøe Poulsen DFI	Director of Finance/CFO	52	2022-08-31
Patrick Merrin CTO	Chief Tech/Sci/R&D Officer	55	2023-12-31
Steve Little CTO	Chief Tech/Sci/R&D Officer	-	2023-03-31
Juan Morel COO	Chief Operating Officer	-	2022-07-31

See LUNDIN MINING CORPORATION governance

Composition of the Board of Directors: Lundin Mining Corporation

Director	Title	Age	Since
Donald Charter BRD	Director/Board Member	69	2006-10-30
Dale Peniuk BRD	Director/Board Member	66	2006-10-30
Charles Heppenstall BRD	Director/Board Member	64	2020-05-10
Jack Lundin BRD	Director/Board Member	36	2021-02-17
Adam Lundin CHM	Chairman	39	2022-05-11
Natasha Vaz BRD	Director/Board Member	46	2022-07-31
Maria Olivia Recart BRD	Director/Board Member	62	2023-03-22
Victoria McMillan BRD	Director/Board Member	44	2025-02-18

Composition of the Board of Directors

Shareholders: Lundin Mining Corporation

Name	Equities	%	Valuation
Estate of Adolf H. Lundin 20.2 %	172,860,617	20.2 %	3 720 M $
Nordea Investment Management AB 1.512 %	12,936,364	1.512 %	278 M $
Bestinver Gestión SA SGIIC 0.9272 %	7,935,086	0.9272 %	171 M $
AllianceBernstein Investments Taiwan Ltd. 0.5902 %	5,050,919	0.5902 %	109 M $
Waystone Management (UK) Ltd. 0.4865 %	4,163,026	0.4865 %	90 M $

List of LUNDIN MINING CORPORATION shareholders

Holdings: Lundin Mining Corporation

Name	Equities	%	Valuation
TALON METALS CORP. 31.42%	293,655,138	31.42%	62 M $

Company details: Lundin Mining Corporation

Lundin Mining Corp.

Four Bentall Centre

V7X 1L2, Vancouver

+604-689-7842

http://www.lundinmining.com

Group companies: Lundin Mining Corporation

Name	Category and Sector
CIA Contractual Minera Candelaria CIA Contractual Minera Candelaria Provides copper ores mining services
CIA Contractual Minera Candelaria CIA Contractual Minera Candelaria Provides copper ores mining services
LMC Bermuda Ltd. LMC Bermuda Ltd. Produces copper, zinc, gold and nickel
LMC Bermuda Ltd. LMC Bermuda Ltd. Produces copper, zinc, gold and nickel
Lundin Mining AB Lundin Mining AB Precious MetalsNon-Energy Minerals Owns and operates metal mining and exploration properties	Precious Metals

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Integrated Mining

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
LUNDIN MINING CORPORATION	+2.54%	+7.01%	+186.22%	+290.32%	21.55B
BHP GROUP LIMITED	-0.77%	+2.66%	+22.32%	-0.31%	166B
RIO TINTO PLC	-1.87%	+5.68%	+25.91%	+3.24%	143B
GRUPO MÉXICO, S.A.B. DE C.V.	-0.47%	+6.03%	+88.13%	+146.50%	85.4B
GLENCORE PLC	-2.53%	+5.73%	+25.90%	-13.44%	74.98B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+1.47%	+13.94%	+50.10%	+45.87%	73.79B
ANGLO AMERICAN PLC	-2.41%	+0.75%	+11.99%	-20.49%	46.8B
FRESNILLO PLC	-0.21%	+6.85%	+462.46%	+299.36%	36.95B
HINDUSTAN ZINC LIMITED	-2.61%	+5.01%	+39.54%	+82.96%	29.68B
VEDANTA LIMITED	+1.03%	+11.95%	+50.36%	+114.72%	29.39B
Average	-0.58%	+6.03%	+96.29%	+94.87%	70.81B
Weighted average by Cap.	-0.89%	+5.27%	+63.42%	+52.95%