Lundin Mining storms hit Caserones, cuts 2026 copper output outlook to 120,000-130,000 tonnes

• Lundin Mining cut 2026 Caserones copper guidance to 120,000-130,000 tonnes following a second severe winter storm in Chile’s Atacama region.
• Storm triggered a new power outage on Aug. 14, re-damaging a transmission tower previously hit in July, extending unplanned downtime.
• Full power restoration expected by end of week, followed by a gradual ramp-up; backup generators are supporting critical infrastructure.
• Caserones cash cost guidance raised to USD 2.15-2.35 per lb from USD 2.05-2.25 per lb.
• Consolidated 2026 copper guidance reduced to 300,000-325,000 tonnes; Candelaria still expected to meet its production guidance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lundin Mining Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: EN29255) on August 19, 2026, and is solely responsible for the information contained therein.