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First Quantum raises 2026 copper cash cost guidance to $2.50-$2.65 per lb

By Public Technologies
  • First Quantum Minerals narrowed 2026 copper production guidance to 405,000-435,000 tonnes from 405,000-475,000 tonnes, reflecting lower grades.
  • Copper C1 cash cost guidance rose to $2.50-$2.65 per pound from $2.15-$2.40, reflecting fuel prices and kwacha exchange rates.
  • Copper all-in sustaining cost guidance increased to $4.10-$4.25 per pound from $3.50-$3.80.
  • Capital expenditure is forecast at $1.15 billion-$1.25 billion, versus the previous $1.08 billion-$1.25 billion range.
  • Nickel production guidance increased to 40,000-45,000 tonnes from 30,000-40,000 tonnes, reflecting performance to date.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Quantum Minerals Ltd. published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.

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