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ACCOUNTS RECEIVABLE AND OTHER CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2022
Accounts receivable and other current assets [Abstract]  
Schedule of accounts receivables and other current assets
As at December 31, 2022 As at December 31, 2021
Accounts receivable
   Amounts due from concentrate sales $188  $242 
   Other receivables 366  381 
  $554  $623 
Other current assets
   Restricted cash1
945  — 
   Value added taxes recoverable2
352  319 
   Prepaid expenses 243  206 
   Derivative assets3
59  — 
   Other4
91  87 
  $1,690  $612 
1Relates to restricted cash balance for Antofagasta plc, which will fund their exit from the Reko Diq project, following its reconstitution as described in note 4.
2Primarily includes VAT and fuel tax recoverables of $49 million in Mali, $66 million in Tanzania, $172 million in Zambia, $32 million in Argentina, and $12 million in the Dominican Republic (Dec. 31, 2021: $25 million, $90 million, $141 million, $39 million, and $11 million, respectively).
3Reclassified from Other Assets and primarily consists of contingent consideration received as part of the sale of Massawa in 2020 and Lagunas Norte in 2021.
42022 and 2021 balance includes $50 million asset reflecting the final settlement of Zambian tax matters.