https://newsletter.mw.creamermedia.com
Copper
Copper
copper

Hudbay takes full ownership of Copper Mountain mine

2nd May 2025

By: Creamer Media Reporter

     

Font size: - +

TSX- and NYSE-listed Hudbay Minerals has completed its acquisition of Mitsubishi Materials Corporation’s (MMC's) 25% stake in the Copper Mountain mine in British Columbia, giving it full ownership of the operation. 

An initial $4.5-million cash payment has been made, with further payments to follow as per the purchase agreement.

The deal boosts Hudbay’s copper output and reinforces its position as Canada’s second-largest copper producer. The company has launched a review of its Canadian corporate structure to unlock tax synergies.

Hudbay says it values its ongoing partnership with MMC, which will continue through existing offtake and secondee arrangements.

Edited by Creamer Media Reporter

Comments

Showroom

Tractor & Grader Supplies
Tractor & Grader Supplies

Tractor & Grader Supplies (TGS™): Your Trusted, Genuine Source for New Replacement Parts for Earthmoving, Construction and Mining Machinery

VISIT SHOWROOM 
Actom
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 02 May 2025
Magazine round up | 02 May 2025
2nd May 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.112 0.188s - 149pq - 2rq
Subscribe Now