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Hudbay and Mitsubishi approve Copper World project, aiming for U.S. copper mine production by 2029

Market News
21 Oct 2026
Na
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Bullish
Hudbay and Mitsubishi approve Copper World project, aiming for U.S. copper mine production by 2029

Hudbay and Mitsubishi have approved the construction of the Copper World project, a major new copper mine in the U.S. This project is significant as it advances the development of a key resource mine, with production expected to begin in 2029. The approval marks a critical step in expanding copper supply, which is vital for various industries including technology and renewable energy. The project highlights ongoing investment in mining infrastructure to meet future demand.

Hudbay Minerals shares are trading at USD 23.98 on Pluang, showing a modest gain of 0.25% as of Oct 21, 2026 12:11 WIB. The stock's market cap stands at $10.61 billion, reflecting steady investor interest in the company amid its new project developments.

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