Hudbay tightens 2026 copper cash cost guidance to US$-(0.45)-US$-(0.25) per lb - HBM News | RalliesHudbay tightens 2026 copper cash cost guidance to US$-(0.45)-US$-(0.25) per lb
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HBM• Hudbay raises 2026 copper cash cost outlook
- Hudbay lifted its 2026 consolidated copper cash cost outlook to US$(0.45) to US$(0.25) per lb, citing stronger margins.
- Full-year 2026 production guidance for all metals was reaffirmed following steady quarterly operating performance.
- Q2 2026 copper output totaled 28,000 tonnes; consolidated cash cost was US$(0.40) per lb; sustaining cash cost was US$1.39 per lb.
- Medium-term target copper production beyond 2028 was set at 140,000-184,000 tonnes, versus 2026E guidance of 110,000-138,000 tonnes.
- Copper World Phase I feasibility work continued toward a 2026 sanction; the project targets 85,000 tonnes of annual copper over 20 years.
