HBM Stock Gains on Receiving Aquifer Protection Permit for Copper World
HBMHudbay Minerals(HBM) ZACKS·2024-09-03 01:56

Hudbay Minerals (HBM) announced that it has received the Aquifer Protection Permit for its Copper World project from the Arizona Department of Environmental Quality ("ADEQ"). The stock jumped 4% on the news as the issuance of this permit cleared the second-last step before HBM can commence the construction of the Copper World project. The Copper World project in Arizona represents Hudbay Mineral’s next significant copper growth project, with an expected annual copper production capacity of 85,000 tons over ...