FQM Signs New Agreement with Unions to Enhance Salaries and Benefits for 2025-2026
First Quantum Minerals (FQM), through its subsidiaries Kansanshi Mining and FQM Trident, has signed a new agreement with six major unions to improve employee salaries and benefits for the years 2025 and 2026.
Under the new agreement, eligible workers will receive a 15% salary increase starting in January 2025, followed by an additional 15% raise in 2026. .
The deal also includes improved allowances for education and leave, enhanced pension contributions, and better rewards for long service.
The unions involved in the agreement are the National Union of Miners and Allied Workers (NUMAW), Mine Workers Union of Zambia (MUZ), Miners and Allied Workers Union (MAWU), United Mine Workers Union of Zambia (UMUZ), Artisans and Allied Workers Union of Zambia (MTAAWUZ), and the Consolidated Miners and Allied Workers Union of Zambia (CMAWUZ).
FQM Trident’s Assistant General Manager, Frederic Wouters, commended the collaborative efforts between management and unions.
He noted that the agreement reflects the company’s commitment to its workforce, despite challenges such as rising costs and limited electricity.
Kansanshi Mining’s Assistant General Manager, Axel Kottgen, emphasized that the strong partnership with unions is crucial to ensuring employee safety and productivity.
He also highlighted ongoing projects like the S3 expansion, which is expected to generate additional jobs and contribute to Zambia’s economic growth.
Union leader Saul Simujika expressed his approval of the agreement, describing it as a win-win for both workers and the company. He encouraged continued cooperation to meet the country’s economic objectives.
