Economic-Impact

Construction of the crusher at Hudbay's Constancia mine in Peru

Once approved, Rosemont will be among the largest construction projects in the history of southern Arizona


Construction of the grinding circuit at Hudbay's Constancia mine in Peru

It is expected to cost $1.9 billion over a 2.5-year construction period and require over 2,500 workers during the peak of construction.

The job creation, tax generation and overall economic impact of Rosemont will be significant for Arizona.

Once construction is completed, Rosemont is expected to have a 19-year mine life1 Rosemont is also expected to:

  • Employ over 500 full-time employees directly in mining and process operations and general administration during active mining operations1.
  • Provide annual wages to direct employees that average more than twice the current median annual income in Pima County.
  • Create over 2,500 direct jobs and 4,060 total jobs during construction2.
  • Spend between $90 million and $158.1 million in direct purchases per year from local vendors during active mining operations. As a result, local-vendor purchases are expected to be between $127.1 million and $225.2 million annually over the life of the project2.
  • Generate an estimated $350 million in new local tax revenues over the life of the mine3
  • Generate an estimated $107.6 million in total revenues for State and local governments from direct and indirect employees over the life of the mine2


 Construction of thickener at Hudbay's Constancia mine in Peru

1 NI 43-101 Report on the Rosemont Project dated March 30, 2017

2 Based on the Forest Service Final Environmental Impact Statement for the Rosemont Copper Project, 2013

Arizona State University Economic Impact Study, June 2018

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