en.Wedoany.com Reported - Canadian mining company First Quantum Minerals (FQM) has released data showing that its total economic contribution to Zambia reached US$3.46 billion in 2025.

According to the company's latest annual Tax Transparency and Economic Contribution Report, First Quantum employed over 12,000 people in Zambia during the year, established partnerships with more than 11,500 contractors, and supported over 1,500 local suppliers, further strengthening its close ties with local businesses and communities. The company stated that these partnerships help achieve a development strategy of shared and sustained economic value.

First Quantum's Country Director for Zambia, Anthony Mukutuma, noted: "The completion and commissioning of First Quantum's Kansanshi S3 expansion project in Solwezi represents a significant milestone, further solidifying Kansanshi's long-term contribution to copper production, employment, and government revenue." The company stated that its contribution for the year encompassed government revenue, salaries, local procurement from Zambian suppliers, and community investment programs.

Of the total US$3.46 billion contribution, US$902 million was paid to the government in the form of taxes, including royalties, excise duties, import duties, and Pay-As-You-Earn (PAYE) tax. First Quantum also paid US$63.4 million in royalties to Zambian state-owned enterprise ZCCM Investment Holdings, while providing a US$3.5 million donation to Kalumbila Town Council and a US$3.6 million donation to Solwezi City Council.

The report shows that in 2025, First Quantum's procurement expenditure from Zambian-registered suppliers reached US$2.14 billion; salaries paid amounted to US$389 million; and over US$23 million was invested in community development and social outreach programs. Its Zambian operations—Kansanshi Mining in Solwezi and FQM Trident in Kalumbila—paid US$236 million and US$139 million respectively in taxes and royalties to the Zambian government.

The report, prepared in accordance with Canada's Extractive Sector Transparency Measures Act and other international transparency frameworks, details various payments made to Zambian government entities. Mukutuma stated that this report reflects the company's commitment to transparency, accountability, and long-term partnerships. He emphasized: "First Quantum's operations in Zambia play a central role in both our business and the national economy. This report provides transparency on payments to government, as well as information on employment, local procurement, and other direct economic contributions that support broader economic activity in Zambia."

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