HudBay Minerals Showcases Copper Growth Strategy and Sustainability Focus in Investor Presentation
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HudBay Minerals Inc. has presented its growth strategy as a diversified mid-tier copper producer, projecting annual copper production of 104,000 to 184,000 tonnes from 2022 to 2027. The company aims to reduce cash costs per pound from $0.86 to $0.25. In 2024, copper is expected to contribute 72% of revenue, with positive cash flow in Peru and Manitoba. HudBay reported a 9% annual growth in copper equivalent resources per share since 2014, highlighting the sensitivity of net asset value to commodity prices.
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