Well... strictly speaking, not absolute zero. See bottom of page 28:

Notes:

1: Copper sustaining capital includes Quebrada Blanca Operations. 

2: Steelmaking coal sustaining capital in 2023 includes $94 million of water treatment capital. 2024 guidance includes $150 to $250 
million of water treatment capital. 

3: Excluding QB2 development capital and QB2 ramp-up capital. 

4: Copper growth capital guidance includes feasibility studies, advancing detailed engineering work, project execution planning and 
progressing permitting at the HVC Mine Life Extension project, San Nicolás and Zafranal. In addition, we will work to define the most capital-efficient and value-adding pathway for the expansion of QB based on the performance of the existing asset base. We also expect to continue to progress our medium- to long-term portfolio options with prudent investments to advance the path to value, including for NewRange, Galore Creek, Schaft Creek and NuevaUnión.