First Quantum Starts Shipping Stockpiled Copper From Panama Mine

First Quantum Minerals Ltd. has started shipping stockpiled copper from its stalled mine in Panama, 19 months after the operation was shut down by the country’s top court.

A bulk carrier called Lipsi departed on June 18 from Punto Rincon, a private port owned by First Quantum that’s used exclusively to ship out mined ores known as concentrate from the Cobre Panama mine, data compiled by Bloomberg showed.

The vessel — which has a cargo capacity of about 35,000 deadweight tons — is carrying concentrate destined for European copper smelter Aurubis AG, according to people familiar with the matter, ...