Lundin Mining Corporation provided revenue guidance for the fourth quarter of 2023. Revenue in the fourth quarter 2023 is expected to be negatively impacted by decreases in metal prices for molybdenum and nickel during the quarter. The sales volume during the quarter for molybdenum and nickel was 978 tonnes and 3,105 tonnes, respectively.

Downward provisional pricing adjustments on concentrate sales completed in prior quarters is expected to reduce revenue in the fourth quarter by approximately $5/lb for molybdenum and approximately $1/lb for nickel. Downward provisional pricing adjustments on concentrate sales completed in prior quarters relating to other metals are not expected to be significant.