First Quantum Minerals

Kansanshi S3 Expansion

Expansion of Zambia's largest copper mine through a new processing train, central to national copper output growth targets.

Capacity

New processing train raising throughput; see operator disclosures

Status

Expansion executing

Copper

The core electrification metal. African supply is concentrated in the Central African Copperbelt across the DRC and Zambia.

Gold

Ghana, South Africa, Mali, Tanzania and Burkina Faso anchor African gold output across large-scale and artisanal production.

African copper growth is a power and logistics problem

Grade is not the constraint in the Central African Copperbelt. Firm electricity and export corridor capacity are.