Hudbay Minerals receives Aquifer Protection Permit for Copper World

Hudbay Minerals announced that it has received an Aquifer Protection Permit for the Copper World project from the Arizona Department of Environmental Quality. The company proactively engaged with the ADEQ, ensuring a transparent and thorough permitting process by providing comprehensive and detailed information. The issuance of this permit is a key milestone in the advancement of Copper World, which is a standalone operation requiring state and local permits and is expected to produce 85,000 tonnes of copper per year over a 20-year mine life. “Receiving the Aquifer Protection Permit is a significant de-risking event for Copper World as it brings us one step closer to being fully permitted,” said Peter Kukielski, President and Chief Executive Officer. “The last key state-level permit, the Air Quality Permit, continues to progress as planned and will mark the completion of one of the three key prerequisites in the company’s prudent sanctioning plan for the project. Copper World represents Hudbay’s next significant copper growth project and is expected to increase consolidated annual copper production by more than 50% from current levels. Copper World will also be a key contributor to the domestic U.S. supply chain with our plans to produce Made-in-America copper.”