Hudbay Minerals temporarily suspends operations in Snow Lake

Hudbay Minerals (HBM) continues to respond to the wildfire situation in northern Manitoba and is working closely with local and provincial authorities to ensure its employees remain safe as well as comply with the mandatory wildfire evacuation order effective for the town of Snow Lake. As a result, the company has enabled a controlled, safe and orderly temporary suspension of operations in Snow Lake. Through the company’s emergency preparedness procedures, all assets have been secured, and a limited workforce remains at site to conduct ongoing monitoring programs and assist with emergency activities. Hudbay believes its infrastructure and facilities in Snow Lake are well-protected from the wildfires and have a low risk of being damaged. Activities in Flin Flon continue unaffected given the current wildfires are not located near the city of Flin Flon. Some exploration activities near Snow Lake have been paused. Hudbay expects operations to resume efficiently once the wildfire situation improves. The company continues to expect to achieve its annual guidance metrics for Manitoba in 2025 despite the temporary wildfire impacts.