Creating a new global leader in copper
First Quantum Minerals Ltd. became one of the world’s leading copper producers with its acquisition of Inmet Mining Corporation in March 2013. With a geographically diversified portfolio of high-quality operations and development projects and a strategic plan to produce more than 1.3 million tonnes per annum of copper within five years, First Quantum is poised to become the largest widely-held, pure-play copper producer and one of the top five copper producers in the world.
First Quantum is one of the fastest growing copper companies with a projected compound annual growth in copper production of more than 20% for at least the next decade. In addition, the Company emerged as a significant nickel producer with the start-up of two new nickel mines in 2012.
The Company was first incorporated in 1983 under the name Xenium Resources. On July 18, 1996, it changed its name to First Quantum Minerals Ltd. Since its acquisition of the Bwana facility in 1996, First Quantum has grown into a leading copper producer with significant nickel production.