HudBay Minerals Inc.’s focus is on implementing a sustainability strategy leveraging the company’s many strengths in order to produce long term value for all our stakeholders—our people, our investors, our customers and the communities where we operate, whether they prioritize economic, environmental or social outcomes.

To be a leading company today, it is not enough to simply be financially strong. We realize that strengthening the ‘social license’ that exists between our company, our employees and the communities in which we operate is critical to our long-term success.

Our strategies and programs are developed with the purpose to ensure that our company continues its profitable growth while, at the same time, striving to be ever so more environmentally and socially responsible.

While we honor a legacy of 80 years of operations, the “new” HudBay Minerals Inc. is committed to improving all aspects of our operations in order to ensure that we continue to deliver on the three pillars of economic, environmental and social performance.

Providing Economic Prosperity

HudBay Minerals Inc.’s goal is to be a leader in the mining sector by actively pursuing growth while minimizing the impacts of cyclical fluctuations of global mineral prices through:

Aggressive Exploration: Driving forward with activities to develop the growth potential within the Flin Flon Greenstone Belt and within our current operating mines while exploring opportunities in other locations abroad.
Optimization of Ongoing Operations: Maximizing productivity and efficiency at all operations, notably by implementing the systems and processes necessary to obtain ISO 9001 certification where appropriate.
Business Development: Opportunistically pursuing merger and acquisition investments to expand the scale and capabilities of our business.

Protecting the environment

Our goal is to minimize the environmental footprint of our operations and pursue a target of continuous improvement in our environmental performance through:

Setting Targets & Measuring Performance: Working to set continuous improvement targets for our significant environmental impacts and to monitor our progress on them.
International Certification: Achieving ISO 14001 Environmental Management Systems certification for our production operations.
Active Reclamation: Proactively rehabilitating land after cessation of operations so as to accelerate natural reclamation and supporting community projects to minimize the esthetic impact of our activities.

Promoting Social Well-Being

Our goal is to be a sector leader in health and safety and be a community leader where we operate through:

Protecting Our People: Fostering a culture of success grounded in a commitment to protecting the safety, health and welfare of our employees.
Acting Responsibly: Maintaining our social license to operate through best practices in environment, health and safety and by contributing to the economic and social well-being in our communities.
Open Dialogue: Establishing close and productive relationships in the communities in which we operate in order to proactively address community issues related to the impacts of our operations and their legacy.

We invite you to visit this section and download our latest Corporate Sustainability Report in order to find out more about our sustainability strategies and programs.

Sustainability Snapshot Report	2005	2006	2007
Economic
Revenues (in millions of CDN $)	$ 652.0	$ 1,129.0	$ 1,269.8
In-mine reserves[1] (in millions of tonnes)	21.4	22.8	21.4
Cash and cash equivalents (in millions of CDN $)	$ 141.7	$ 385.9	$ 757.6
Environmental
Inputs:
Water usage (for the primary activities per dam3)	12,046	16,423	13,631
Energy efficiency (energy used per unit of production – terajoules per Ktonnes of metal)	31.4	31.5	32.5
Outputs:
Carbon dioxide emissions (in kilotonnes)	236.0	259.8	260.0
Sulphur dioxide emissions (in tonnes)	203,145	182,763	201,754
Social
Lost time accident frequency rate	0.6	1.0	1.0
Charitable donations & contributions (in thousands of CDN $)	$ 102	$ 138	$ 171
Complaints from communities	8	2	2