Local News

Hudbay has Announced Plans to Move Forward at Copper World.

Hudbay has announced the results of the PEA or preliminary economic assessment at their Copper World Complex in Arizona.  It includes the recently discovered Copper World deposits along with the Rosemont deposit.

             

Company President Peter Kukielski says the PEA represents the next leg of copper growth at Hudbay.  He explains they have been successfully executing an alternative Arizona Strategy since 2019 to deliver this attractive project which is significantly de-risked and has the potential to nearly double their annual copper production while maintaining Hudbay’s first quarter cash cost positioning.  He notes phase one represents an attractive stand alone operation on their private land and phase two provides significant long term growth potential in this prolific district. He adds through applying their core competencies of exploration, mine planning and project development the Copper World Complex is expected to be the next major copper operation in the United States delivering copper needed to meet domestic electrification and decarbonization supply chain needs.

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