Economy / WORLD

Hudbay and Mitsubishi approve investment in Arizona’s Copper World project

The companies announced a final investment decision on 21 October to build the Copper World copper project in Arizona. First production is targeted for the second half of 2029.

Reading sizeSources ↓Share story ↗
Conceptual illustration of the global economy and trade connections.Illustration
Symbolic illustration

The base case projects average annual copper output of 102,000 tonnes in the first decade and a 15-year mine life; the reserve estimate is 390 million tonnes at 0.47% copper.

Data

Table

Announced figures

Selected values from the company release; forecasts and targets are not realized results.

Initial growth capital estimate2070
Methodology

Figures are transcribed from the source release with the units stated there.

Updated:

Structured coverage

Subjects and places

Subject proposals

Geographic references

Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.

  • United States · Place role: Coverage · Place type: Country or area · Location precision: Regional
    Evidence
Taxonomy version: IPTC Media Topics 2026-Q2

Continue reading