Mitsubishi Corp. becomes JV partner in Copper World

Mitsubishi Corporation has agreed to acquire a 30% interest in Copper World LLC, a wholly-owned subsidiary of Hudbay Minerals, for an initial cash contribution of $600 million. The company owns the Copper World project in Arizona. “Securing Mitsubishi as a 30% partner in Copper World is an important milestone for Hudbay as we establish a long-term strategic partnership to advance…

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