CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Hudbay, Mitsubishi Approve Construction of Copper World Mine in Arizona

By Public Technologies
  • Hudbay Minerals and Mitsubishi authorized construction of the Copper World copper mine in Arizona.
  • Initial development capital totals USD 2.07 billion, with first production targeted for the second half of 2029.
  • The feasibility study projects average annual copper production of 102,000 tonnes over the first decade at cash costs of USD 1.65 per pound.
  • Hudbay’s expected capital contribution is approximately USD 500 million, with payments deferred until 2028 under the project’s financing plan.
  • The 15-year base case has an after-tax net present value of USD 1.24 billion at a copper price of USD 5 per pound.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HudBay Minerals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610210100PRIMZONEFULLFEED9850104) on October 21, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk