<SEC-DOCUMENT>0002035161-25-000002.txt : 20250521
<SEC-HEADER>0002035161-25-000002.hdr.sgml : 20250521
<ACCEPTANCE-DATETIME>20250521071010
ACCESSION NUMBER:		0002035161-25-000002
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250521
DATE AS OF CHANGE:		20250521

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hudbay Minerals Inc.
		CENTRAL INDEX KEY:			0001322422
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				980485558
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-34244
		FILM NUMBER:		25970887

	BUSINESS ADDRESS:	
		STREET 1:		25 YORK STREET, SUITE 800
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2V5
		BUSINESS PHONE:		416-362-8181

	MAIL ADDRESS:	
		STREET 1:		25 YORK STREET, SUITE 800
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2V5

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HudBay Minerals Inc.
		DATE OF NAME CHANGE:	20050331

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Santivanez Silva Luis
		CENTRAL INDEX KEY:			0002035161
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		C/O HUDBAY MINERALS INC.
		STREET 2:		25 YORK STREET, SUITE 800
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2V5
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002035161</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001322422</issuerCik>
      <issuerName>Hudbay Minerals Inc.</issuerName>
      <secFileNumber>001-34244</secFileNumber>
      <issuerAddress>
        <com:street1>25 YORK STREET, SUITE 800</com:street1>
        <com:city>TORONTO</com:city>
        <com:stateOrCountry>A6</com:stateOrCountry>
        <com:zipCode>M5J 2V5</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>416-362-8181</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Santivanez Silva Luis</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>common shares</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley at Work</name>
        <address>
          <com:street1>1500 - 600 3 Ave SW</com:street1>
          <com:city>Calgary</com:city>
          <com:stateOrCountry>Z4</com:stateOrCountry>
          <com:zipCode>T2P 0G5</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>23306</noOfUnitsSold>
      <aggregateMarketValue>195770.40</aggregateMarketValue>
      <noOfUnitsOutstanding>395002063</noOfUnitsOutstanding>
      <approxSaleDate>05/20/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <acquiredDate>05/20/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Option exrcise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>23306</amountOfSecuritiesAcquired>
      <paymentDate>05/20/2025</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>05/20/2025</noticeDate>
      <signature>/s/ Luis Snaantivanez Silva</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
