Hudbay sees zinc output up in 2013

Jan 09, 2013 | 03:03 PM | Frank Haflich, Daniel Fitzgerald

Tags  Hudbay Minerals, zinc metal production, copper production, 2013 production guidance, Lalor, zinc, copper, Daniel Fitzgerald

NEW YORK — Hudbay Minerals Inc. expects its zinc metal concentrate output to rise in 2013 as upgrades to its Lalor site continue, while copper concentrate production will likely fall this year, it said.

The Toronto-based company forecast zinc concentrate output of 85,000 to 100,000 tonnes in 2013, up from a 2012 production total of approximately 81,000 tonnes.

"Hudbay’s domestic zinc concentrate production in 2013, together with total year-end zinc concentrate inventory of approximately 18,000 tonnes, is expected to result in zinc plant production at levels consistent with 2012 results," Hudbay said. "The company does not expect to require new third-party purchased concentrate to achieve these production levels." ....

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