Hudbay and Labor Unions Announce Commitment to Project Labor Agreement for the Copper World Project
Hudbay Minerals and labor unions have announced a commitment to a Project Labor Agreement for the Copper World project in Pima County, Arizona. The agreement involves multiple trade unions and ensures union contractors will have significant opportunities in the construction of one of Southern Arizona's largest economic development projects.
Located 28 miles southeast of Tucson, the project is expected to operate for 20 years and will contribute over $850 million in U.S. taxes, including $420 million in state and local taxes. The mine will create 400 direct jobs and up to 3,000 indirect jobs in Arizona.
The project will include a concentrate leach processing facility starting in the fourth year of operations, producing copper cathode locally and reducing carbon footprint by eliminating overseas shipping and refining. This initiative aims to strengthen the domestic U.S. supply chain with "Arizona Copper Made For America" while supporting critical mineral needs for manufacturing, infrastructure, and national security.
Hudbay Minerals e i sindacati hanno annunciato un impegno per un Accordo di Lavoro di Progetto per il progetto Copper World nella Contea di Pima, in Arizona. L'accordo coinvolge più sindacati e garantisce che i contraenti sindacali avranno significative opportunità nella costruzione di uno dei più grandi progetti di sviluppo economico del sud dell'Arizona.
Situato a 28 miglia a sud-est di Tucson, il progetto è previsto per operare per 20 anni e contribuirà con oltre 850 milioni di dollari in tasse negli Stati Uniti, inclusi 420 milioni in tasse statali e locali. La miniera creerà 400 posti di lavoro diretti e fino a 3.000 posti di lavoro indiretti in Arizona.
Il progetto includerà un impianto di trattamento dei concentrati che inizierà nel quarto anno di operazioni, producendo catodi di rame localmente e riducendo l'impronta di carbonio eliminando le spedizioni e la raffinazione all'estero. Questa iniziativa mira a rafforzare la catena di approvvigionamento domestica degli Stati Uniti con
Hudbay Minerals y los sindicatos han anunciado un compromiso con un Acuerdo de Trabajo de Proyecto para el proyecto Copper World en el Condado de Pima, Arizona. El acuerdo involucra a múltiples sindicatos y asegura que los contratistas sindicales tendrán oportunidades significativas en la construcción de uno de los mayores proyectos de desarrollo económico del sur de Arizona.
Ubicado a 28 millas al sureste de Tucson, se espera que el proyecto opere durante 20 años y contribuya con más de 850 millones de dólares en impuestos de EE. UU., incluyendo 420 millones en impuestos estatales y locales. La mina creará 400 empleos directos y hasta 3,000 empleos indirectos en Arizona.
El proyecto incluirá una instalación de procesamiento de lixiviación de concentrados que comenzará en el cuarto año de operaciones, produciendo cátodos de cobre localmente y reduciendo la huella de carbono al eliminar el transporte y la refinación en el extranjero. Esta iniciativa tiene como objetivo fortalecer la cadena de suministro nacional de EE. UU. con
Hudbay Minerals와 노동 조합은 애리조나 피마 카운티의 구리 세계 프로젝트를 위한 프로젝트 노동 계약 체결을 발표했습니다. 이 계약은 여러 노동 조합을 포함하며, 노동 조합 계약자들이 애리조나 남부의 가장 큰 경제 개발 프로젝트 중 하나의 건설에서 중요한 기회를 갖도록 보장합니다.
투손에서 남동쪽으로 28마일 떨어진 이 프로젝트는 20년 동안 운영될 것으로 예상되며, 미국 세금으로 8억 5천만 달러 이상을 기여할 것입니다. 여기에는 주 및 지방세로 4억 2천만 달러가 포함됩니다. 이 광산은 애리조나에서 400개의 직접 일자리와 최대 3,000개의 간접 일자리를 창출할 것입니다.
이 프로젝트에는 운영 4년 차에 시작되는 농축 리치 처리 시설이 포함되어 있으며, 현지에서 구리 음극을 생산하고 해외 배송 및 정제를 없애어 탄소 발자국을 줄입니다. 이 이니셔티브는
Hudbay Minerals et les syndicats ont annoncé un engagement pour un Accord de Travail de Projet pour le projet Copper World dans le comté de Pima, en Arizona. L'accord implique plusieurs syndicats et garantit que les entrepreneurs syndicaux auront des opportunités significatives dans la construction de l'un des plus grands projets de développement économique du sud de l'Arizona.
Situé à 28 miles au sud-est de Tucson, le projet devrait fonctionner pendant 20 ans et contribuera à hauteur de plus de 850 millions de dollars en impôts aux États-Unis, dont 420 millions en impôts d'État et locaux. La mine créera 400 emplois directs et jusqu'à 3 000 emplois indirects en Arizona.
Le projet comprendra une installation de traitement par lixiviation de concentrés qui commencera au quatrième année d'exploitation, produisant des cathodes de cuivre localement et réduisant l'empreinte carbone en éliminant les expéditions et le raffinage à l'étranger. Cette initiative vise à renforcer la chaîne d'approvisionnement nationale des États-Unis avec
Hudbay Minerals und die Gewerkschaften haben ein Engagement für einen Projektarbeitsvertrag für das Copper World Projekt im Pima County, Arizona, bekannt gegeben. Der Vertrag umfasst mehrere Gewerkschaften und stellt sicher, dass gewerkschaftliche Auftragnehmer bedeutende Möglichkeiten beim Bau eines der größten wirtschaftlichen Entwicklungsprojekte im Süden Arizonas haben werden.
Das Projekt, das 28 Meilen südöstlich von Tucson liegt, wird voraussichtlich 20 Jahre lang betrieben und wird über 850 Millionen Dollar an US-Steuern beitragen, einschließlich 420 Millionen Dollar an staatlichen und lokalen Steuern. Die Mine wird 400 direkte Arbeitsplätze und bis zu 3.000 indirekte Arbeitsplätze in Arizona schaffen.
Das Projekt wird eine Konzentrats-Laugungsanlage umfassen, die im vierten Betriebsjahr in Betrieb genommen wird, um Kupferkathoden vor Ort zu produzieren und den CO2-Fußabdruck durch den Verzicht auf Überseeversand und Raffination zu reduzieren. Diese Initiative zielt darauf ab, die heimische US-Lieferkette mit
- Secured labor agreement with major unions ensuring skilled workforce availability
- Expected $850M+ in total tax contributions ($420M+ state/local)
- Creation of 400 direct and 3,000 indirect jobs in Arizona
- 20-year operational lifespan with fully permitted mine status
- Local copper cathode production reducing operational costs and carbon footprint
- Significant construction and operational costs implied by large-scale union labor agreement
- Processing facility won't be operational until fourth year of operations
Insights
Hudbay's commitment to a Project Labor Agreement (PLA) for its Copper World project represents a significant operational milestone that reduces execution risk during the construction phase. By securing agreements with seven major trade unions, Hudbay has effectively locked in skilled labor resources in a region where competition for qualified construction workers can be intense.
The agreement strategically positions the $850 million project for more predictable construction timelines and quality standards, which is crucial for a project of this scale expected to operate for 20 years. The announcement confirms the mine is fully permitted - an often overlooked but critical de-risking element that removes significant regulatory uncertainty.
Particularly notable is Hudbay's plan to construct a concentrate leach processing facility in year four, enabling domestic copper cathode production. This vertical integration strategy aligns with growing national security priorities around critical minerals and reduces both transportation costs and carbon footprint by eliminating overseas shipping and refining.
The projected 400 direct jobs and 3,000 indirect jobs represent substantial economic leverage in Southern Arizona and should strengthen local stakeholder support. While labor costs might be higher under union agreements, the trade-off typically includes reduced work stoppages, higher productivity, and better safety performance - all crucial factors for maintaining project schedules and controlling overall costs in large-scale mine construction.
This PLA between Hudbay and seven major construction unions represents more than just a labor agreement - it's a strategic risk management approach for their flagship Copper World project. Mining companies often face labor challenges during construction phases, and this agreement helps secure a reliable workforce pipeline in a competitive labor market.
The collaboration with unions including Electrical Workers, Operating Engineers, and Ironworkers addresses a potential bottleneck in skilled trade availability that could otherwise delay project timelines. The economic multiplier effect from 400 direct and 3,000 indirect jobs will significantly impact the regional economy, creating a positive feedback loop of community support.
From a cost perspective, while union labor typically commands premium wages, these agreements often deliver offsetting benefits through higher productivity, reduced turnover, standardized safety protocols, and minimized work stoppages. For a project contributing $420 million in state and local taxes over its lifetime, these operational efficiencies can translate to meaningful shareholder value.
The agreement also positions Hudbay favorably with regulatory stakeholders by demonstrating commitment to quality local employment. As domestic critical mineral production receives increasing policy support, companies with established local labor relationships will have competitive advantages in permitting and operational efficiency for future expansions or new projects.
The letter of commitment has been signed by the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers and Helpers Local 627; Southern California District Council of Laborers and Its Affiliated Local 1184; International Brotherhood of Electrical Workers Local 570; International Union of Painters and Allied Trades District Council 36 Local 86; International Union of Operating Engineers Local 12; International Association of Bridge, Structural, Ornamental, and Reinforcing Ironworkers Local 847; and the Western States Regional Council of Carpenters.
"The expertise and dedication of our local trade unions are vital to the success of large-scale projects like Copper World, and we are pleased to have their highly skilled workforce as a key component of our construction team," said Javier Del Rio, Senior Vice President of the
"This letter of commitment signifies mutual respect and understanding for a productive work environment for the workforce that will build Copper World. The timely and efficient construction of the Copper World project will require a substantial number of employees from construction and supporting crafts, and the unions look forward to working together to furnish a highly skilled workforce of our members to this critical project," said Jacob Evenson, Business Manager of the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers and Helpers Local 627.
Located 28 miles southeast of
About Hudbay
Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of
Hudbay's operating portfolio includes the Constancia mine in Cusco (
The value Hudbay creates and the impact it has is embodied in its purpose statement: "We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities." Hudbay's mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hudbay-and-labor-unions-announce-commitment-to-project-labor-agreement-for-the-copper-world-project-302425036.html
SOURCE Hudbay Minerals
FAQ
What economic impact will Hudbay's Copper World project (HBM) have on Arizona?
When will Hudbay (HBM) begin copper cathode production at Copper World?
Which labor unions have signed the Project Labor Agreement with Hudbay's Copper World?
How will Hudbay's Copper World project (HBM) reduce its environmental impact?
