Hudbay Presents Outlook for 70% Copper Production Growth With Copper World

By Public Technologies
  • Hudbay Minerals reaffirmed 2026 production guidance at the Goldman Sachs Global Metal & Mining Conference; consolidated cash cost guidance improved.
  • Cash cost guidance narrowed to negative USD 0.45–0.25 per pound from negative USD 0.30–0.10.
  • Second-quarter adjusted EBITDA reached USD 321 million; consolidated free cash flow totaled USD 101.8 million.
  • Net cash stood at USD 80.5 million, with net debt to adjusted EBITDA at negative 0.1 times.
  • Snow Lake mine life extended to 2043; reserve tonnage increased 38% since January 2026.


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