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First Quantum Minerals Ltd

Common Name
First Quantum Minerals
Country
Canada
Sector
Basic Materials
Industry
Copper
Employees
15,661
Ticker
FM
Exchange
TMX Group Inc.
Description
First Quantum Minerals Ltd. is a globally diversified mining company focused on the production of essential metals. Its primary commodities include copper, gold, and nickel, which play crucial roles i...

First Quantum Minerals's Energy Data Preview

In 2025, First Quantum Minerals disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

First Quantum Minerals disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2025202420232022-2019
Total Energy Consumption
16,032,000a
15,657,000a
24,992,000a
Non-Renewable Energy Consumption
7,536,000a
8,403,000a
15,904,000a
Renewable Energy Consumption
8,496,000a
7,254,000a
9,088,000a
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Verified Sources Behind First Quantum Minerals’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. First Quantum Minerals's TCFD Report 2025

Insights into First Quantum Minerals's Energy Renewability

In 2025, First Quantum Minerals consumed a total of 16.03 million Gigajoules of energy across its operations. Of this total, 52.99% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 47.01% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

First Quantum Minerals's Energy Renewability Rate

53%

How much of First Quantum Minerals's energy consumed is renewable?

In 2025, First Quantum Minerals consumed a total of 16.03 million Gigajoules of energy, of which 52.99% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This moderate level of renewable energy adoption indicates that First Quantum Minerals is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are First Quantum Minerals's energy practices becoming more sustainable?

Since 2023, First Quantum Minerals's total energy consumption decreased by 35.85%, yet rose by 2.4% in 2025, pointing to a potential reversal in recent energy-saving progress.a

Over the same period, the share of renewable energy in First Quantum Minerals's consumption increased by 45.73%, including a 14.38% increase in 2025, showing consistent progress in clean energy adoption.a

Overall, First Quantum Minerals’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

First Quantum Minerals's Renewable vs Non-renewable Energy Over Time

17.49 M8.49 M505.6 k17.49 MGigajoules (GJ)20252024202353%46%36%47%54%64%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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