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Antofagasta PLC, one of Chile’s largest copper miners, announced Mauricio Ortiz as the group’s new chief financial officer.


Ortiz currently serves as the vice president of finance of Antofagasta’s mining division and will be replacing Alfredo Atucha, who will retire at the end of March.


Ortiz joined the company’s transport division in 2015 and improved its rail haulage capacity through a series of long-term contracts and projects. Before that, Ortiz held leadership positions at Codelco and BHP.


Ivan Arriagada, Antofagasta’s chief executive officer, noted Atucha bolstered the company’s efficiency while saving it money on an annual basis. He also acknowledged that Ortiz’s history working in mining finance and project development make him an ideal replacement for Atucha.

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