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6-K

Hudbay Minerals Inc. (HBM)

6-K 2026-06-30 For: 2026-06-30
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Added on June 30, 2026

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2026

Commission File Number: 001-34244

HUDBAY MINERALS INC. (Translation of registrant’s name into English)

25 York Street, Suite 800 Toronto, Ontario M5J 2V5, Canada (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [   ]                    Form 40-F [X]

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes [   ]                     No [X]

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____________________________

EXPLANATORY NOTE

On June 30, 2026, Hudbay Minerals Inc. (“Hudbay”) filed on the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedarplus.ca the following documents: (1) Material Change Report.

Copies of the filings are attached to this Form 6-K and incorporated herein by reference, as follows:

  • Exhibit 99.1 — Material Change Report

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

HUDBAY MINERALS INC.
(registrant)
By: /s/ Mark Haber
Name: Mark Haber
Title: Vice President, Legal and Corporate Secretary

Date: June 30, 2026

EXHIBIT INDEX

The following exhibits are furnished as part of this Form 6-K:

Exhibit Description
99.1 Material Change Report
Hudbay Minerals Inc.: Exhibit 99.1 - Filed by newsfilecorp.com

FORM 51-102F3

MATERIAL CHANGE REPORT

NATIONAL INSTRUMENT 51-102

ITEM 1 Name and Address of Company

Hudbay Minerals Inc. ("Hudbay")

25 York Street, Suite 800

Toronto, Ontario M5J 2V5

ITEM 2 Date of Material Change

June 24, 2026

ITEM 3 News Release

On June 24, 2026, a news release relating to the material change referred to herein was issued through Globe Newswire and filed on SEDAR+ and EDGAR under Hudbay's profile at www.sedarplus.ca and www.sec.gov, respectively.

ITEM 4 Summary of Material Change

On June 24, 2026, Hudbay announced the closing of its previously announced acquisition of Arizona Sonoran Copper Company Inc. ("Arizona Sonoran") by way of a court-approved plan of arrangement (the "Arrangement"), pursuant to which Hudbay acquired all of the issued and outstanding common shares of Arizona Sonoran not already owned by Hudbay, effective as of June 24, 2026 (the "Transaction"). Arizona Sonoran is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Arizona Sonoran shareholders (other than Hudbay) received 0.242 of a Hudbay common share (each whole Hudbay common share, a "Hudbay Share") for each Arizona Sonoran common share (each, an "ASCU Share") held immediately prior to the effective time of the Transaction or, in the case of former holders of options, restricted share units and deferred share units of Arizona Sonoran, for each ASCU Share held immediately following the effective time of the Transaction.

ITEM 5 Full Description of Material Change

On June 24, 2026, Hudbay announced the closing of the Transaction. Arizona Sonoran is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Arizona Sonoran shareholders (other than Hudbay) received 0.242 of a Hudbay Share for each ASCU Share held immediately prior to the effective time of the Transaction or, in the case of former holders of options, restricted share units and deferred share units of Arizona Sonoran, for each ASCU Share held immediately following the effective time of the Transaction. In aggregate, Hudbay issued 46,794,082 Hudbay Shares as consideration under the Arrangement to former Arizona Sonoran shareholders and former holders of options, restricted share units and deferred share units of Arizona Sonoran.

Following the completion of the Arrangement, the common shares of Arizona Sonoran were delisted from the Toronto Stock Exchange and the OTCQX Best Market as of the close of markets on June 25, 2026. Arizona Sonoran has applied to cease to be a reporting issuer under Canadian securities laws in each of the provinces and territories of Canada in which it is a reporting issuer.

  • 2 -

Hudbay is, and will continue to be, a reporting issuer in all provinces and territories of Canada and the Hudbay Shares are, and will remain, listed for trading on the New York Stock Exchange and the Toronto Stock Exchange under the ticker "HBM".

Full details of the Arrangement and certain other matters are set out in the management information circular of Arizona Sonoran dated April 7, 2026, a copy of which has been filed under Arizona Sonoran's issuer profile on SEDAR+ at www.sedarplus.ca.

ITEM 5.2 Disclosure for Restructuring Transactions

Not applicable.

ITEM 6 Reliance on subsection 7.1(2) of National Instrument 51-102

Not applicable.

ITEM 7 Omitted Information

None.

ITEM 8 Executive Officer

For further information, please contact:

Candace Brûle Senior Vice President, Capital Markets and Corporate Affairs (416) 362-8181 [email protected]

ITEM 9 Date of Report

June 30, 2026.