Economy

FQM reportedly produces 6,147 tonnes of Nickel in first half of 2024

0

First Quantum Minerals (FQM) Limited has reportedly produced 6,147 tonnes of nickel at its enterprise project in Zambia, commissioned about two years ago.

The enterprise claimed to have produced 6,147 tonnes of nickel during the second quarter, an increase from 4,031 tonnes produced in the first quarter of this year.

According to a statement issued by FQM on Tuesday, mining volumes are steadily improving and plant performance had been strong.

As a result, production guidance for 2024 had been narrowed to 17,000 to 20,000 contained tonnes of nickel (previously 10,000 to 20,000 tonnes).

FQM approved the Enterprise project alongside the S3 Expansion project at Kansanshi about two years ago.

Read more: Zambia’s leading mining firm, FQM, hit by power crisis

FQM Zambia Director, Anthony Mukutuma, commented on the development, highlighting the capabilities of the mine’s internal projects team.

“The company’s presence in Zambia extends over 28 years, and the rapid commercialization of Enterprise, alongside the expected delivery of the S3 Expansion Project at Kansanshi, demonstrates First Quantum’s ongoing and long-term commitment to Zambia.

“The focus is on completing the S3 Plant construction during the first half of 2025 and commencing ore processing immediately after,” Mukutuma said.

WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.

Govt condemns violent actions against Chinese mining firm following dispute over dumpsite

Previous article

PF to appeal convictions of Chilangwa, Chitotela; claims duo targeted by UPND, ECZ

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Economy