Hudbay Minerals Inc.

Recently, Hudbay welcomed the Town of Sahuarita at our Copper World project site in Arizona. The tour was an excellent opportunity to discuss the project’s potential contributions to the local economy and reaffirm our commitment to environmental standards, highlighting our focus on transparency and responsible mining. We are currently working towards obtaining an Air Quality Permit, a critical milestone in meeting the project’s prerequisites for sanctioning. Thank you to the Town of Sahuarita for their visit and ongoing engagement. We look forward to continuing our collaborative efforts as we work together to meet America’s growing copper demand.

In a recent interview with Investment Reports, Hudbay's President and CEO, Peter Kukielski, shared insights on Hudbay’s strategic position in the copper industry. As Kukielski noted, "Copper is, without a doubt, the most essential metal for the future of the global economy, especially as we move toward a more electrified and sustainable world."   Highlights from the interview include: - Hudbay's strong operating base with annual production of 150,000 tonnes of copper and 300,000 ounces of gold from three long-life mines in tier-1 jurisdictions - Progression on Copper Mountain (Canada) stabilization initiatives - Robust development pipeline including strategic growth project Copper World (U.S.) and;  - High-potential exploration properties in key areas   We remain focused on creating sustainable value through responsible mining practices, aligning with global sustainability trends. Hudbay provides the metals the world needs through working sustainably, transforming lives and creating a better future for the communities in which we operate. To learn more about our sustainable operations and community engagement, please visit: https://shorturl.at/np6iw Read the full Investment Reports interview here: https://lnkd.in/eR8RsK3M

Hudbay’s SVP and CFO, Eugene Lei, will be speaking at the Bloomberg Canadian Finance Conference on Wednesday, October 16.   He will share the stage with other industry veterans to discuss the importance of responsible mining practices in shaping a sustainable future, address the industry's essential role in the clean energy transition, and provide insights on how critical metals support innovation across various sectors.   This is an event you won’t want to miss! Register now: https://bit.ly/3XBS7Um

On September 14, 2024, Hudbay’s Lalor Mine opened its doors for a special Family Day event, bringing together around 300 participants, including employees and their loved ones. This unique experience allowed attendees to explore the mine firsthand, featuring a journey 910 meters underground, enhanced by lighting in the cage that created a truly memorable descent.   Participants also had the opportunity to take part in the “tag in” process and tour the Mobilaris and remote operator rooms.   Hudbay values the chance to connect with the communities we serve. Thank you to everyone who contributed to the success of the event!

Today, on the National Day for Truth and Reconciliation, Hudbay reflects and honours the survivors, their families, and communities who were gravely impacted by residential school institutions and remembers the children who never returned home.     We recognize the profound generational impact these institutions had, and continue to have, on Indigenous Peoples and their communities. Hudbay remains committed to listening, learning and working alongside Indigenous Peoples and communities to seek truth, take action, and contribute to advancing reconciliation. Through our participation in initiatives like the Indigenous Circle for Everyone program and guidance from the Partnership Accreditation in Indigenous Relations program, we aim to foster an environment that promotes cultural understandings that strives to preserve Indigenous heritage. We also focus on local employment, support Indigenous businesses, and observe days of cultural significance like Red Dress Day and Orange Shirt Day, as part of our ongoing efforts to gain awareness and as we seek to strengthen our relationships with the Indigenous communities we work with.   Here are resources for support:     - Indian Residential School Crisis Line is a national service for anyone experiencing pain or distress as a result of their residential school experience. Call toll-free 1-866-925-4419.  - Hope for Wellness Help Line offers immediate mental health counselling and crisis intervention by phone or online chat. Call toll-free 1-855-242-3310 or start a confidential chat with a counsellor at hopeforwellness.ca. 

Hudbay recently collaborated with the NGO ‘Peru Vida’ and the Cusco Regional Government to enhance visual health for local school children. Led by the Regional Health Management and professionals from the National Institute of Ophthalmology, the initiative provides screenings, treatment, and glasses to address common vision issues among young students in Cusco. With plans to expand across all 13 provinces of the Cusco region, this program is designed to make a lasting impact on children's health and academic success. Learn more: https://shorturl.at/cBDf3

Hudbay is committed to fostering a diverse and inclusive workplace that empowers all our employees to thrive. Our ongoing culture initiative is shaping a collaborative, agile, and performance-driven environment where everyone can contribute their best.   We’re particularly proud of our efforts to support women in mining, including our expanded participation in a Canadian women-in-mining networking and leadership development program. In 2023, two of our talented women leaders benefited from this year-long program, and we’re excited to sponsor two more in 2024. By investing in diverse talent and creating inclusive leadership pathways, we’re building a stronger, more innovative Hudbay for the future.

Hudbay’s commitment to empowering and driving long-term development in our operating regions is exemplified by the latest initiative in Peru.   Most recently, we provided the Livitaca district with Caterpillar heavy machinery to strengthen essential infrastructure. This investment, made in collaboration with local decision-makers, will support road construction and maintenance, directly benefiting the community. Learn more here: https://lnkd.in/enNqEpkJ

Hudbay is pleased to announce that we’ve received the Aquifer Protection Permit for the Copper World project from the Arizona Department of Environmental Quality, a crucial milestone in advancing the project. We have worked closely with regulators to ensure a transparent permitting process and are now progressing toward obtaining the final state-level Air Quality Permit.   We’re grateful for the strong local support shown during the public comment meetings, reflecting the community’s commitment to the project. We anticipate creating over 400 direct jobs and up to 3,000 indirect local jobs, with competitive wages and benefits. Hudbay will continue to actively partner with local apprenticeship readiness and community-based workforce training programs to ensure we fill and sustain these positions. Our dedication to delivering tangible social, economic and environmental benefits to Arizona is unwavering.    Copper World will be instrumental in meeting domestic copper needs, supporting local manufacturing and contributing to energy independence. Once operational, it will stand as one of the largest copper cathode producers in the country, generating valuable economic opportunities and supporting local growth.   Read more: https://lnkd.in/ekVmXAve

This week marks a significant milestone for northern Manitoba with the first critical mineral shipment in over 20 years exported from the Port of Churchill. Hudbay’s zinc concentrate from Snow Lake was part of this historic shipment, opening new trade opportunities through the port and Hudson Bay Railway, and reinforcing the region’s economic potential.