First Quantum produces 776kt of copper in 2022, down 5% from 2021 and in line with guidance

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

First Quantum produces 776kt of copper in 2022, down 5% from 2021 and in line with guidance FirstQuantum

Welcome to Kitco News' 2023 Outlook Series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to cool down inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023.

The company said that Cobre Panama delivered record annual production of 350kt, while Sentinel saw a year-on-year increase to 242kt, adding that Kansanshi production of 146kt was lower than 2021 due to lower grades. Importantly, First Quantum said that its copper and nickel production are forecast to grow to between 775-865kt and 45-60kt, respectively, by 2025.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines