FQM spends $600m at Kansanshi
Published On August 22, 2024 » 368 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA in Solwezi –
FIRST Quantum Minerals (FQM) has to date spent about US$600 million out of the pledged US$1.3 billion investment in the expansion project at Kansanshi Mine.
Assistant general manager Axel Kottgen said another $1.3 billion investment would be spent in expanding operations of the mine.
Speaking to journalists during the tour of the mine, Mr Kottgen said the financing for the expansion programme had been raised from capital providers globally.

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