First Quantum Minerals (FQM) has reinforced its reputation for fiscal responsibility by contributing over $902 million in taxes to the Zambian government in 2025, according to the company’s recently released Tax Transparency & Contributions Report. FQM, which operates the Kansanshi Mining Plc and FQM Trident mines in Zambia, reported global revenues of approximately $4.3 billion in 2025. Of this, its total economic contribution to the Zambian economy amounted to $3.4 billion, including the $902 million in taxes. The breakdown of this $3.4 billion highlights FQM’s focus on local value creation as 62% was spent on local procurement from Zambian-registered suppliers,...
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