Marcobre
Ismael Valenzuela is an experienced engineering professional with extensive background in project management within the mining sector. Currently serving as Gerente de Ingeniería for Proyectos de Sostenimiento at Marcobre since May 2018, Ismael has led detailed engineering development for various projects, including upgrades to critical infrastructure and expansion studies. Previous roles include Gerente de Construcción and Gerente de Ingeniería, with significant achievements in the execution of EPC projects and detailed engineering for multiple processing plants. Ismael has held senior positions at renowned companies such as Bechtel Mining & Metals and Anglo American, demonstrating expertise in feasibility studies, engineering oversight, and project execution. Academically, Ismael holds a Master's degree in evaluation and management of projects from Universidad Adolfo Ibáñez and several specialized diplomas in project management and welding inspection.
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Marcobre
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The Marcona Copper Project is owned by Marcobre S.A.C. (“Marcobre”), a corporation existing under the laws of Peru. Chariot Resources Limited (the Corporation) indirectly owns 70% of the outstanding shares of Marcobre and Korea Resources Corporation and LS-Nikko Copper Inc. (together, the “Korean Partners”) indirectly own 30% of the outstanding shares of Marcobre. The Corporation and its Korean Partners have entered into a shareholders agreement with respect to the corporate governance of Marcobre and the ownership, development and operation of the Marcona Copper Project.