FQVLF (First Quantum Minerals) Construction In Progress : $1,872 Mil (As of Dec. 2024)

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What is First Quantum Minerals Construction In Progress?

First Quantum Minerals's quarterly construction in progress increased from Jun. 2024 ($1,679 Mil) to Sep. 2024 ($1,894 Mil) but then declined from Sep. 2024 ($1,894 Mil) to Dec. 2024 ($1,872 Mil).

First Quantum Minerals's annual construction in progress increased from Dec. 2022 ($1,356 Mil) to Dec. 2023 ($1,465 Mil) and increased from Dec. 2023 ($1,465 Mil) to Dec. 2024 ($1,872 Mil).

First Quantum Minerals Construction In Progress Historical Data

The historical data trend for First Quantum Minerals's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Quantum Minerals Construction In Progress Chart

First Quantum Minerals Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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804.00

1,181.00

1,356.00

1,465.00

1,872.00

First Quantum Minerals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															1,465.00	1,393.00	1,679.00	1,894.00	1,872.00

First Quantum Minerals Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

First Quantum Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Quantum Minerals Ltd (OTCPK:FQVLF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

IZ1:Germany FM:Canada

Address

330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8

Website

https://www.first-quantum.com

First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia, and Mauritania. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.