Hudbay Minerals Inc（HBM）资讯与事件HBMHudbay Minerals Inc

2026 Consolidated Cash Cost Guidance Adjusted to $(0.45) to $(0.25) per Pound of Copper

Improved full year 2026 consolidated cash costi guidance to (0.45) to (0.25) per pound of copper from (0.30) to (0.10) per pound as costs are tracking well below the low end of the guidance range given strong exposure to gold by-product credits and continued operating efficiencies are more than offsetting higher input costs for fuel and consumables.

Hudbay Reports Q2 Revenue of $631.3M, Record Adjusted EBITDA

Reports Q2 revenue $631.3M, consensus $639.35M. "Hudbay delivered another quarter of steady operating performance and industry-leading margins, with record trailing twelve month adjusted EBITDA of $1.3 billion, driven by our unique copper and gold diversification and focus on cost control," said Peter Kukielski, Chief Executive Officer. "Our diversified operations in Canada and Peru continued to achieve operating efficiencies and deliver strong gold by-product credits, which have more than offset external cost pressures and allowed us to improve our 2026 full-year consolidated cash cost guidance. We generated over $100 million in free cash flow during the quarter and more than $200 million in free cash flow through the first half of the year, allowing us to prudently reinvest in high-return growth opportunities across the business to enhance our exposure to copper and gold. Our Copper World project is on track for sanctioning later in 2026, and our recent acquisition of the Cactus project brings together two highly complementary assets in Arizona and solidifies our position as a premier Americas-focused copper producer with a pipeline of long-life, low-cost assets in tier-one jurisdictions."

Hudbay Minerals Approved to Increase Constancia Annual Processing Capacity to 34M Tons

Hudbay Minerals announced it has received approval from the National Environmental Certification Service for Sustainable Investments in Peru, or SENACE, to amend its environmental permit and further increase annual mill processing capacity at Constancia. The approval was received in late June and represented the fifth environmental permit amendment at Constancia. The amended permit increases the processing capacity of the Constancia mill to 34M tons of ore per annum from the previously permitted 31M tons per annum. In March, Hudbay received permit approval to increase mill throughput capacity to 31M tons from 29.9 million tons per annum. The updated permit enables additional capacity to further optimize Constancia's operations and deliver strong copper production. Hudbay's efforts to increase mill throughput align with the Peru Ministry of Energy and Mines' regulatory framework, which permits operational flexibility to operate up to 10% above nominal daily capacity. Hudbay achieved total ore processed of 30.3 million tons and 31.9 million tons in 2025 and 2024, respectively. With this permit amendment, Hudbay now has a steady-state capacity of 34 million tons per annum, while maintaining the standard operational flexibility to handle daily increases of up to 10% above permitted levels. The environmental permit amendment also approves further optimization of the mine plan, extends the operational life of Constancia, and incorporates the implementation of additional infrastructure to improve tailings transport infrastructure and water management systems.