Hudbay Launches New Ingerbelle Expansion, Extending Copper Mountain Mine Life Beyond 2040

Published: Jun 18, 2026 09:29

Save

Hudbay Minerals has officially launched the New Ingerbelle expansion project at its Copper Mountain mine in British Columbia, Canada. The project is expected to extend the mine's operating life beyond 2040 while improving operational efficiency through access to higher-grade mineralization and a significantly lower stripping ratio. Based on current reserves, New Ingerbelle is projected to produce approximately 750,000 tonnes of copper, 900,000 ounces of gold and 5.5 million ounces of silver over its mine life. The project received key mining permits in February 2026 and has been designated as a priority resource project by the British Columbia government. The expansion as an important step in supporting long-term copper supply and regional economic development.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

19 mins ago

End-use demand was sluggish, suppliers cut prices to sell, and overall trading sentiment weakened [SMM South China Spot Copper]

19 mins ago

44 mins ago

[SMM Analysis] Sulfur Price Outlook: The Game Between Geopolitical Premium Fade and Supply Recovery Lag

44 mins ago

2 hours ago

Copper price fluctuations constrain order releases.

During the week of Jun 12–18, the machine operating rate in the enamelled wire industry pulled back 1.2 percentage points WoW, and weekly order intake fell 1.25% WoW. Orders showed a divergent trend during the week. Early in the week, copper prices were low, downstream replenishment willingness was strong, and order-taking performed well. As the copper price center rose during the week, wait-and-see sentiment intensified, and orders declined noticeably at the weekend. Industry demand was notably constrained by copper price fluctuations.

2 hours ago