Company Overview - Copper World, Inc. has signed a Letter of Intent with several unions to establish a Project Labor Agreement for the construction of the Copper World Mine in Pima County, Arizona [1] - Hudbay is a copper-focused mining company with operations in Canada, Peru, and the United States, and is committed to sustainable practices and community relations [5][6] Project Details - The Copper World Mine is one of the largest non-government-funded construction projects in Southern Arizona, expected to generate over $850 million in U.S. taxes, including approximately $170 million for Arizona [8] - The project is anticipated to create more than 400 direct jobs and up to 3,000 indirect jobs, offering competitive wages and benefits [8] - A concentrate leach processing facility is planned for the fourth year of operations, aimed at producing "Made in America" copper cathode, which will reduce energy requirements and emissions [4] Community Impact - The project will provide local jobs and higher wages, benefiting the community and local economy in Arizona [7] - Partnerships with local apprenticeship readiness programs and workforce training initiatives are intended to fill and maintain all positions [8] - The Copper World Mine is expected to generate approximately $250 million in property taxes over its 20-year life [8]
Hudbay and Multiple Labor Unions Announce Project Labor Agreement Letter of Intent to Support Copper World Mine Project