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Stock impact report

HBM Stock Gains on Receiving Aquifer Protection Permit for Copper World [Yahoo! Finance]

Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM) 
Last hudbay minerals inc. ordinary shares (canada) earnings: 2/20 05:35 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Environmental Quality ("ADEQ"). The stock jumped 4% on the news as the issuance of this permit cleared the second-last step before HBM can commence the construction of the Copper World project. The Copper World project in Arizona represents Hudbay Mineral's next significant copper growth project, with an expected annual copper production capacity of 85,000 tons over a 20-year mine life. It should boost HBM's consolidated annual copper production by more than 50% from the current level. HBM's Next Course of Action for Copper World Hudbay Minerals has secured two key state permits for Copper World sanctioning. These include the Mined Land Reclamation Plan and the recent Aquifer Protection Permit. The permit received from ADEQ followed a process that included detailed analysis by the agency and Hudbay, along with a public comment period that ended in the second quarter of 2024. Hudbay Minerals added that the last key state-level permit, the Air Quality Permit, is in progress. The Show less Read more
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