Sociedad Punta Del Cobre SA

Name

Sociedad Punta Del Cobre SA

Legal name

Sociedad Punta del Cobre S.A.

Website

https://pucobre.cl

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Copper Mining

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Nonferrous Metal (except Aluminum) Smelting and Refining (33141)

SIC

Metal Mining (1000), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)

akta.pro secondary industries

Copper Concentration (Crushing, Grinding, Flotation) (IMAKADAC), Copper Hydrometallurgy (Leaching, SX/EW) (IMAKADAD), Copper Anode/Cathode Production & Handling (IMAKADAG)

Keywords

• Copper mining operations
• Mineral processing services
• Copper concentrate production
• Copper cathode production
• Mining project development

Headquarters

HQ city

Copiapo

HQ country

Chile

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Copper Concentrate Sales: Pucobre produces copper concentrates (29% copper content) at San José plant from sulfided ore processing. Concentrates are sold to smelters and foundries in domestic and international markets. The first mine in Chile to build an access tunnel (1974).
2. Copper Cathode Sales: Pucobre's Biocobre plant produces 99.999% pure copper cathodes from oxidized ore using SX-EW process. Cathodes are commercialized in Asian, European and American markets. Plant has operated continuously since March 1994.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Sociedad Punta del Cobre (Pucobre) is a Chilean medium-scale copper mining company that extracts sulfide and oxidized copper ore from three underground mines in the Atacama region (Mina Punta del Cobre, Mina Granate and Mina Mantos de Cobre) and processes the ore at two owned facilities: Planta San José produces 29% copper concentrate via flotation and Planta Biocobre produces 99.999% pure copper cathodes via the SX-EW (solvent extraction and electrowinning) route. The company is also developing the El Espino copper-gold project in Coquimbo and the Tovaku copper cathode project in Antofagasta as its growth pipeline.

Product overview

Sociedad Punta del Cobre (Pucobre) is a mid-tier Chilean copper mining company operating three underground mines (Mina Punta del Cobre, Mina Mantos de Cobre, and Mina Granate) in the Atacama Region that feed two processing plants: Planta San José produces 29% copper concentrates via flotation for smelters, while Planta Biocobre produces 99.999% purity copper cathodes via SX-EW for export markets. The company is developing two growth projects: El Espino (copper-gold, construction stage) in Coquimbo Region and Tovaku (copper cathode, EIA stage) in Antofagasta Region. The company also operates a 3 MW photovoltaic plant on a closed tailings facility as part of its sustainability strategy. This is a single-industry product portfolio focused on copper extraction and processing, not a platform or software architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Copper Concentrate (29% Cu)
• Copper Cathodes (99.999% purity)
• El Espino Copper-Gold Production
• Tovaku Copper Cathode Production

Quantifiable outcome

• 3 million+ man-hours without lost-time accident (2013 record)
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Fitzroy Minerals Inc.minorStrategic or Co-development Partner · 1 April 2026Pucobre and Fitzroy Minerals Inc. signed non-binding Letter of Intent for technical and economic evaluation of the Buen Retiro project, including prefasibility studies and development alternative analysis.
• Mercuria Energy TradingcoreStrategic or Co-development Partner · 29 December 2025Mercuria Energy Trading secured offtake agreement with Pucobre's El Espino project subsidiary, allowing purchase of up to 100% of copper and gold production with operations starting 2027. Also committed financing facility of up to US$375 million.
• GreenCapminorStrategic or Co-development Partner · 1 January 2025GreenCap collaborated with Centro de Educación y Trabajo (CET) Colina 1 prison facility to provide materials and training for furniture manufacturing using recycled wood from El Espino construction site. Furniture will equip the El Espino construction camp.
• ENAMIminorStrategic or Co-development Partner · 1 January 2025Pucobre participates in 'Cultivemos en Comunidad' program jointly with ENAMI, where community members receive training and supplies for vegetable and other crop planting initiatives.
• Universidad Santo TomásminorStrategic or Co-development Partner · 1 January 2025Partnered for 'Escuela Fortalecimiento Empresarial Femenino' project providing business training to women entrepreneurs and artisans supported through the PyME support program in Tierra Amarilla.
• Centro de Educación y Trabajo (CET) Colina 1minorStrategic or Co-development Partner · 1 January 2025Prison education and work center where inmates receive job training in carpentry and furniture making. El Espino project sourced furniture made by inmates from recycled wood from construction site for camp outfitting.
• Guacolda EnergíacoreTechnology or Integration · 1 January 2022Guacolda Energía developed and constructed the 3 MW photovoltaic plant on Pucobre's closed tailings storage facility in Tierra Amarilla, representing the world's first solar installation on a closed tailings facility.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Capstone Copper Corp. Mid-tier copper miner with producing assets in Chile (Mantos Blancos, Mantoverde) — directly comparable to Pucobre in scale, Chilean footprint, and integrated mine-to-cathode model.
• First Quantum Minerals Ltd. Global copper miner with significant Chilean operations (Caserones-acquired and historical interest). Comparable mid-/large-cap copper miner with combined concentrate and cathode output from sulfide and oxide ores.
• Lundin Mining Corporation: Mid-tier diversified base-metals miner with copper as a primary product (Candelaria in Chile, Neves-Corvo, Caserones). Closely comparable in size, copper-concentrate/cathode orientation, and Chilean exposure.
• Hudbay Minerals Inc. Mid-tier base-metals miner producing copper concentrate and cathode, with Chilean assets (Constancia) and growth pipeline. Highly comparable in scale, product mix and mining/concentrator model.

Broad incumbents

• Glencore plc: Global mining and commodities trading major; operates copper mines in Chile and South America and trades copper concentrates/cathodes globally, directly comparable in product but vastly larger and diversified.
• KGHM Polska Miedź S.A. Integrated copper miner and refiner producing both concentrate and high-purity cathodes from European and South American assets. Comparable product mix (mining + SX-EW cathodes) at a much larger scale.
• Southern Copper Corporation: One of the world's largest copper producers (mining + smelting/refining) primarily in Peru and Mexico. Overlapping product mix (concentrates and refined copper) but much larger scale than Pucobre.
• Antofagasta plc: Major Chilean copper miner listed in London (Los Pelambres, Centinela, Antucoya). Directly comparable geography and product mix (concentrate and cathodes), but materially larger scale and broader portfolio.
• CODELCO (Corporación Nacional del Cobre de Chile): Chilean state-owned copper mining company and the world's largest copper producer. Same Chilean geography and integrated copper product portfolio, but operates at a vastly different scale and ownership structure.

Others

• Aurubis AG: European copper smelter and refiner that purchases copper concentrates/anode and produces high-purity cathodes. Comparable downstream refining capability but no integrated mining — represents a customer/peer along Pucobre's value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pucobre-sa-.-chile

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sociedad Punta Del Cobre SA