$1.6m paid to suppliers registered in Zambia – FQM
Published On September 23, 2024 » 899 Views» By Times Reporter » Latest News
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By CHUSA SICHONE –
FIRST Quantum Minerals (FQM) says it spent US$1.6 billion to purchase goods and services last year from suppliers registered in Zambia.
FQM Head of Infrastructure Jed Goldstein said that was because the company believed that its success was deeply intertwined with the success of the communities in which it operated.
“The belief is at the heart of our commitment to local content. In 2023, I am proud to say that 88 percent of our procurement spent was through locally registered suppliers here in Zambia. That equates to US$1.6 billion,” he said.
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