Hudbay
Hudbay is a copper-focused mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru and the United States.
Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by meaningful gold production. Hudbay’s growth pipeline includes the Copper World project in Arizona, the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations.
History in Canada
With close to 100 years of history, Hudbay is proud to be the third-largest copper producer in Canada with operations in British Columbia and Manitoba.
Our Canadian roots date back to 1927 when we commenced the development of our first mine in Flin Flon, Manitoba. Since then, we have discovered, developed and operated 29 mines in Manitoba, and we have added to that successful track record with the acquisition of the Copper Mountain mine in British Columbia in June 2023.
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Purpose Statement
We Transform Lives
We invest in our employees, their families and local communities through long-term employment, local procurement and economic development to improve their quality of life and ensure the communities benefit from our presence.
We Operate Responsibly
From exploration to closure, we operate safely and responsibly, we welcome innovation, and we strive to minimize our environmental footprint while following leading operating practices in all facets of mining.
We Provide Critical Metals
We produce copper and other metals needed for everyday products and essential for applications to support the energy transition toward a more sustainable future.
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Values
Our values reflect how we want our people to relate to each other, to the residents of our host communities and to all our stakeholders.
Living our values requires a focus on people, compassion and empathy – the ability to put oneself in another’s shoes. As our business grows, it is important to give voice to our values. They underpin everything that we do. These are our values:
Dignity and Respect
We treat our stakeholders and each other in ways that bring out the very best in each of us.
Caring
We sustain and contribute to the well-being of people and the environment in which we operate.
Openness
We speak freely and listen with care about opportunities, issues and concerns.
Trustworthiness
We can count on each other to do the right thing and we follow through on our commitments.
Sustainability
Hudbay is committed to conducting our activities in a way that protects shared resources and creates sustainable, long-term value.
Our values guide the actions we take to help meet stakeholder expectations, build stronger relationships with stakeholders, and manage the social, environmental and economic risks associated with mining.
From exploration through closure, we apply best practices in environmental management to reduce our footprint and contribute to sustainable development everywhere we operate.
We recognize our role in mitigating climate change and are committed to achieving net zero greenhouse gas (GHG) emissions by 2050. In 2022, we took the first step towards identifying and managing risks associated with climate change through a comprehensive roadmap. As part of this initiative, we are pursuing a 50% reduction in absolute Scope 1 and Scope 2 emissions from existing operations by 2030 to pave the way for a more sustainable future.
And nothing is more important than the safety and health of our employees, contractors and the people who live near our mines. Safety has to be a plan, a program, a value and a culture. At Hudbay, we are continuously improving our approach to safety and building a culture in which everyone understands that we are all responsible for maintaining a safe workplace. We must empower employees, so they know that we will always support making the safe choice.
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Why Copper?
Copper is a fundamental part of life today and an indispensable part of the future. As the world transitions away from carbon-based infrastructure to electric vehicles and renewable power, demand for copper is only going to grow.
Copper helped usher in modern civilization thousands of years ago and has been contributing to the advancement of humankind ever since. It is affordable, adaptable and ever present – an essential and necessary part of modern life today and tomorrow.