First Quantum Discussed Funding With Chinese Officials: Reuters

March 27, 2024, 2:18 PM UTC

First Quantum executives discussed funding and business options involving top investor Jiangxi Copper with Chinese officials last week, Reuters reports, citing unidentified people.

  • Topics included potential for Jiangxi Copper to gain influence on First Quantum’s board decisions
  • Also discussed the future of First Quantum’s Zambian assets and the prospect of Jiangxi buying its disputed copper concentrates inventory from Panama
  • First Quantum declined to comment to Reuters; Jiangxi Copper didn’t respond to queries from Reuters

To contact the reporter on this story:
Simon Lee in London at slee936@bloomberg.net

To contact the editor responsible for this story:
Charles Capel at ccapel2@bloomberg.net

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