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Hudbay Shuts Down Constancia Mill in Peru Amid Social Unrest
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Hudbay Shuts Down Constancia Mill in Peru Amid Social Unrest
Sep 24, 2025 3:48 AM

06:16 AM EDT, 09/24/2025 (MT Newswires) -- Hudbay Minerals ( HBM ) late Tuesday said it has temporarily shut down its Constancia mill in Peru due to ongoing social unrest.

The company said the situation has escalated over the weekend with riots in Lima and several protests across the country, affecting Hudbay's Constancia mine and other mines in the southern mining corridor.

Hudbay carried out a temporary demobilization of its non-essential workforce. The company plans to use the downtime at the mill for preventative maintenance work and potentially some planned maintenance from later this year.

Hudbay will work with government and legal authorities to engage with protesters to achieve a prompt resolution that will allow operations to return to normal.

The disruptions are not expected to impact the company's ability to meet its 2025 production and cost guidance range.

Hudbay's share price at last look gained 1.1% to $13.59 in the U.S. pre-market trading Wednesday.

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