First Quantum Endorses New Rules to Boost Zambian Participation in Mining

First Quantum Minerals has welcomed the Minerals Development (Preference for Zambian Goods and Services) Regulations, 2025, recently issued by the Ministry of Mines and Minerals Development, describing the move as a positive step towards increasing local participation in Zambia’s mining sector.

The company, which has invested in Zambia for nearly 30 years, said it supports initiatives aimed at unlocking opportunities for Zambian businesses across the mining value chain. 

First Quantum noted that achieving the Government’s target of producing three million tonnes of copper annually by 2031 will require not only substantial international investment, but also a skilled workforce and a strong base of local suppliers.

Across its global operations, First Quantum prioritises the development of local supply chains where commercially viable. The company said more than 80 per cent of its global spending is with nationally registered suppliers, reflecting its commitment to building regional capacity.

First Quantum Zambia Country Director Anthony Mukutuma said the company spent over US$1.7 billion with Zambian-registered businesses in 2024, accounting for 84 per cent of its total spend on goods and services in the country. He said this was equivalent to around six per cent of Zambia’s gross domestic product.

Mr Mukutuma also highlighted the recently commissioned Kansanshi S3 Expansion, one of Africa’s most advanced copper projects, which involved more than 2,500 Zambians and 535 local companies. 

He said the project enabled local businesses and workers to gain valuable skills and capacity that will remain long after the expansion is completed.

To further support local participation, First Quantum has introduced a new online system allowing Zambian suppliers to register their interest in becoming approved vendors. Registered suppliers will be considered for future requests for quotations and tender opportunities with the company.