First Quantum Minerals Ltd. · TSX:FM
First Quantum Minerals — RBCCM Emerging Copper Opportunity in Argentina Conference 2026
10 slides from First Quantum Minerals's conference presentation, Jun 4, 2026
Slide 1: RBCCM Emerging Copper Opportunity in Argentina Conference: Taca Taca
RBCCM EMERGING COPPER OPPORTUNITY IN ARGENTINA CONFERENCE TACA TACA (In United States dollars, except where noted otherwise) JUNE 4, 2026 News Release “First Quantum Files NI 43-101 Technical Report for Taca Taca” and the “Taca Taca Project NI 43-101 Technical Report January 2026” are available at w
Slide 2: 15 Largest Undeveloped Open-Pit Greenfield Projects
15 Largest Undeveloped Open-Pit Greenfield Projects1 Bubble size represents resource contained copper WORLD-CLASS Represents First Quantum project UNDEVELOPED PROJECT El Pachon ♦ Two of the largest undeveloped projects globally1 sits within the First Quantum portfolio Twin Metals Tampakan Frieda Riv
Slide 3: Taca Taca
♦ Porphyry copper-gold-moly deposit ♦ 3,500 meters elevation ~230 km west of the city of Salta and 55 km east of the Chilean border TACA TACA ♦ Defined access to water, power, rail, port Salta Province, Argentina ♦ Located in an area with limited 100% First Quantum environmental sensitivities ♦ No l
Slide 4: Taca Taca: De-Risked Site Layout
Water ♦ Sustainable water abstraction plan TACA TACA: well advanced DE-RISKED SITE ♦ Four identified fresh water supply basins LAYOUT ♦ Sufficient water supply for 40 Mtpa and 90% of water requirement for 60 Mtpa ♦ Defined access to water, ♦ Additional water supply will be power, rail, and port inve
Slide 5: Taca Taca
Initial Processing Capacity 40 Mtpa; Expansion to 60 Mtpa1 TACA TACA Salta Province, Argentina Initial capital to 40 Mtpa ($M) 4,232 100% First Quantum Expansion capital to 60 Mtpa ($M) 1,019 Total development capital ($M) 5,250 Average Annual Production After-tax NPV8% ($M) 2 5,917 Copper (kt) 323
Slide 6: Tried, Tested and Trusted
CONSTRUCTION: SELF-BUILT PROJECTS Sentinel Cobre Panamá Kansanshi S3 Expansion 62 Mtpa 100 Mtpa 25 Mtpa TRIED, TESTED 2 milling trains 3 milling trains 1 milling train ♦ 2 x 28 MW SAG Mills ♦ 3 x 28 MW SAG Mills ♦ 1 x 28 MW SAG Mill AND TRUSTED ♦ 2 x 22 MW Ball Mills ♦ 6 x 16.5-22.0 MW Ball Mills ♦
Slide 7: Taca Taca: Environment & Community
TACA TACA: ENVIRONMENTAL ASSESSMENT AND PERMITTING WATER STEWARDSHIP ENVIRONMENT & COMMUNITY Engagement with provincial authorities continues to advance ESIA approval, with reviews focused on Securing a sustainable water supply remains a priority. In 2025, field investigations expanded across mining
Slide 8: Taca Taca
TACA TACA 100% First Quantum WORLD-CLASS PROVEN DE-RISKING FOR ASSET SELF-BUILD TEAM SANCTIONING ♦ Among the 15 largest ♦ Track record of building and ♦ ESIA submitted; undeveloped copper delivering large, complex Approval expected in Q3 2026 projects in the world1 projects ♦ Water permit applicatio
Slide 9: Cautionary Statement on Forward-Looking Information
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward- looking information within the meaning of applicable securities laws. The forward-looking information
Slide 10: fqml.com
TSX FM info@fqml.com 416-361-6400 | 1-888-688-6577 fqml.com
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