Hudbay improves 2026 copper cash cost guidance to negative USD 0.45–0.25 per pound
HBM•Hudbay improved its 2026 consolidated cash cost guidance to negative USD 0.45–0.25 per pound from negative USD 0.30–0.10, while reaffirming full-year production guidance for all metals. New Ingerbelle growth capital spending rose by USD 30 million to USD 115 million, with similar additional costs expected in 2027.
1. Updated cost guidance
Hudbay improved 2026 consolidated cash cost guidance to negative USD 0.45–0.25 per pound, from negative USD 0.30–0.10. The company reaffirmed full-year production guidance for all metals; second-quarter consolidated cash costs were negative USD 0.40 per pound.
2. New Ingerbelle spending
New Ingerbelle growth capital spending increased by USD 30 million to USD 115 million, and similar additional costs are expected in 2027.
