Hudbay Minerals to Acquire Arizona Sonoran, Forming Major US Copper Hub

Tucson, Tuesday, 3 March 2026.
On March 2, 2026, Hudbay Minerals announced a definitive agreement to acquire Arizona Sonoran Copper Company in a transaction valued at C$1.48 billion. This strategic move combines the Copper World and Cactus projects to create the third-largest copper district in North America. By consolidating these assets, Hudbay not only scales its production capabilities but also fortifies a critical domestic supply chain essential for the ongoing energy transition.