Business
Hudbay Minerals : Report (Hudbay 2025 Annual Report)
Hudbay Minerals : Report (Hudbay 2025 Annual
About this update from Hudbay Minerals Inc
[{"type":"text","content":" 2025 Annual Report the Gold Standard in Copper CEO MESSAGE OUR FEATURE STORIES OUR COMPANY BUSINESS AND FINANCIAL REVIEW SUSTAINABILITY APPROACH PEOPLE COMMUNITIES PLANET SUSTAINABILITY PERFORMANCE ABOUT THIS REPORT Table of Contents CEO MESSAGE 3 OUR FEATURE STORIES 7 OUR COMPANY 13 Overview 14 Values and Purpose 15 Corporate Governance 16 Board of Directors 17 Business Conduct 19 Risk Management 21 Strategy 23 Management Team 24 BUSINESS AND FINANCIAL REVIEW 25 Overview 26 Key Accomplishments 27 Operations and Financial Summary 28 Business Activities 29 Financials 31 Business Objectives for 2026 32 SUSTAINABILIT Y APPROACH 33 Sustainability Governance 34 Materiality 38 Stakeholder Engagement 41 United Nations Sustainable Development Goals 44 Human Rights and Security 45 Tailings Stewardship 47 Responsible Supply Chain 49 PEOPLE 51 Our Approach 54 Peru 56 Manitoba 59 British Columbia 61 Arizona and Nevada 63 COMMUNITIES 65 Our Approach 68 Peru 71 Manitoba 74 British Columbia 76 Arizona and Nevada 78 PLANET 80 Our Approach 83 Peru 87 Manitoba 90 British Columbia 92 Arizona and Nevada 94 SUSTAINABILIT Y PERFORMANCE 95 Basis of Reporting 96 Key Performance Data 97 2025 Targets and Achievements 119 2026 Targets 120 GRI and SASB Content Index 121 CSDS 2 Index 137 ABOUT THIS REPORT 139 Contact Us 144 Glossary 145 Our Annual Report Cover photo: One of our employees stops for a photo underground at our Snow Lake operations in Manitoba, Canada. Hudbay has had a presence in Manitoba for nearly 100 years, and we pride ourselves on our ability to create shared prosperity for our communities and local governments that spans generations. Two haul trucks at our Copper Mountain mine in British Columbia, Canada. In 2025, these trucks operated on shallower inclines compared to 2024, which resulted in lower fuel consumption per kilometre. This, in turn, reduced overall energy intensity for the mine site. Welcome to Hudbay's 2025 Annual Report. It captures our strategic priorities and direction, offers annual financial and sustainability performance (aligned with recognized global reporting standards), and provides insights and feature stories about Hudbay's priorities, activities and operations. For more information on our climate-related disclosures, please see our Climate-Related Disclosure Supplement. CEO MESSAGE OUR FEATURE STORIES OUR COMPA...