Secures a premier long-term strategic partner in Mitsubishi, which has a long history of joint venture partnerships in the highest quality copper mines globallyMitsubishi's strategic partnership validates the attractive long-term value of Copper World as a world-class copper asset and endorses the strong technical capabilities of HudbayFacilitates approximately $1.

Japan's Mitsubishi to buy into Arizona's Copper World project for $600m, weeks after the US imposed steep tariffs on semi-finished copper products

Japan's Mitsubishi Corporation said on Thursday it would spend 600 million dollars to buy a 30 percent stake in a copper mine project in the United States. The move came after the Trump administration recently hiked tariffs on copper products.