- Formal approval of construction by Hudbay and Mitsubishi.
Hudbay Minerals and Mitsubishi have formally approved construction of the Copper World project in Arizona. Production is targeted for the back half of 2029, with annual copper output of 102,000 metric tons over the first 10 years. Initial capital is $2.07 billion. Hudbay holds 70% and Mitsubishi 30%.
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