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Hudbay Minerals’ Third Quarter 2025 Results Demonstrate Operational Resilience
TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) released its third quarter 2025 financial results t
About this update from Hudbay Minerals Inc
[{"type":"text","content":" TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) released its third quarter 2025 financial results today. All amounts are in U.S. dollars, unless otherwise noted. \"This was a quarter of resilience for Hudbay as we demonstrated the strength of our operating capabilities and the benefit of our diversified operating platform at a time of mandatory wildfire evacuations in Manitoba and temporary operational interruptions in Peru,” said Peter Kukielski, President and Chief Executive Officer. “Through our team’s continued focus on delivery and driving operating efficiencies in the face of these challenges, we expect to achieve the low end of our consolidated copper and gold production guidance ranges and we are further improving our consolidated cost guidance for 2025. During the third quarter, we continued to take steps to reduce long-term debt, reinvest in high-return growth projects and advance our strategic initiatives to build a stable and diversified operating platform with significant copper growth upside. We are delighted to have secured a premier long-term strategic partner in Mitsubishi, enabling us to unlock significant value in our copper growth pipeline, further solidify our financial strength and significantly reduce our share of the remaining capital contributions for the development of Copper World. Hudbay's unique copper and gold diversification, combined with our continued focus on cost control, enable us to maintain industry-leading margins and deliver strong and stable cash flows.” Demonstrated Operating Resilience in the Third Quarter Achieved revenue of $346.8 million and adjusted EBITDAi of $142.6 million in the third quarter of 2025. Achieved consolidated copper production of 24,205 tonnes and consolidated gold production of 53,581 ounces in the third quarter, demonstrating strong operational resilience with Manitoba operations suspended for the majority of the quarter due to the wildfire evacuations and temporary operational interruptions in Peru. Strong cost performance continued in the third quarter with consolidated cash costi and sustaining cash costi per pound of copper produced, net of by-product credits, of $0.42 and $2.09, respectively. Reaffirmed full year 2025 consolidated production guidance for copper and gold, despite the temporary ...