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Hudbay Minerals reports record 2024 profits, plans major copper expansion despite Q4 dip.
Hudbay Minerals Inc. reported record financial results for 2024, with gold and copper production exceeding expectations.
Despite a 6% drop in fourth-quarter net income, the company reduced its net debt by $512 million and plans to invest in growth projects.
The fully-permitted Copper World project in Arizona is expected to increase copper production by over 50% once operational.
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Hudbay Minerals reporta ganancias récord 2024, planea una expansión importante del cobre a pesar de la caída del Q4.