Hudbay to Acquire Arizona Sonoran, Creating North America's Third Largest Copper District
2026-03-03 17:00:00 ET
Hudbay Minerals (TSX:HBM,NYSE:HBM) is doubling down on Arizona, striking a deal to acquire Arizona Sonoran Copper Company in a transaction that would create North America’s third-largest copper district.
The deal gives Hudbay 100 percent ownership of the Cactus project in southern Arizona, adding it to the company’s existing Copper World development and establishing what the company describes as a major copper hub in the state.
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Hudbay to Acquire Arizona Sonoran, Creating North America’s Third Largest Copper DistrictNASDAQ: HBM:CC
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