First Quantum starts shipping stockpiled copper from Cobre Panama mine - Bloomberg
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
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Source: SeekingAlpha
First Quantum Minerals Resumes Shipments: First Quantum Minerals has started shipping stockpiled copper from its Cobre Panama mine after a 19-month shutdown, with the first shipment departing on June 18 for European smelter Aurubis.
Government Authorization and Future Plans: The Panamanian government authorized the export of approximately 120,000 tons of stranded copper concentrate, with revenues intended to maintain the mothballed operation while First Quantum seeks to resume mining activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
