First Quantum commissions $1.25B Zambia copper expansion - report

* First Quantum Minerals (OTCPK:FQVLF [https://seekingalpha.com/symbol/FQVLF]) (TSX:FM:CA [https://seekingalpha.com/symbol/FM:CA]) is said to be commissioning a $1.25 billion expansion at its Kansanshi copper mine in Zambia, bringing online a long-deferred project.
* The S3 project—first mooted in 2012—includes a new processing plant that nearly doubles Kansanshi’s ore-milling capacity, expands the smelter’s throughput capacity by about 25%, and opens up a new pit, _Bloomberg_ reported.
* It’s scheduled to be commissioned on Tuesday, after securing board approval three years ago.

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