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Posted by
Two Blokes Jun 4 -
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Stock
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Shares in Antofagasta PLC (LSE:ANTO) rose 3% on Wednesday after JP Morgan added the Chilean copper miner to its 'analyst focus' List and placed it on 'positive catalyst watch', citing strong production growth and an improving free cash flow outlook. The bank reaffirmed its 'overweight' rating and £24 price target, highlighting Antofagasta's industry-leading copper volume growth, which is expected to rise by 30% between 2024 and 2028.