Taca Taca Gaps

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International Finance Corporation (“IFC”) is entering into a collaboration agreement with First Quantum Minerals Ltd. (“FQM”), and Corriente Argentina SA (“Corriente Argentina”) whereby IFC will support FQM and Corriente Argentina to align?the Taca Taca copper project with IFC’s environmental and social standards?for future project financing and partnerships (the Collaboration). The Taca Taca project (“Taca Taca”) is a large-scale, pre-feasibility stage copper project located in the Salta province of Argentina with an estimated mine initial life of 35 years . Taca Taca is expected to produce up to 323,000 tonnes of copper per annum, representing significant copper export revenue for Argentina. It is regarded as one of the largest undeveloped copper projects globally. The project is expected to create around 4,000 jobs during construction and around 2,000 jobs once operational.