The Globe and Mail reports in its Tuesday, Dec. 16, edition that Citi analyst Steven Stroup has "conviction in copper upside through 2026 supported by multiple bullish catalysts including an incrementally constructive fundamental and macro-backdrop." The Globe's David Leeder writes in the Eye On Equities column that given that bullish view, Mr. Stroup commenced coverage of Hudbay Minerals and Lundin Mining with "buy" recommendation. Mr. Stroup says in a note: "Hudbay and Lundin are poised to grow production significantly (up 50 per cent) in the back half of the decade to early 2030s with greenfield projects (Copper World and Vicuna, respectively). Copper World is largely derisked via JV capital contributions and being in Arizona. Hudbay is optimizing the mill at Copper Mountain for 30-per-cent uplift in 2026/27 production. Lundin is focused on derisking the massive Vicuna project and integrating the district-scale complex (FS expected 1Q26) while establishing incremental growth at Caserones and Chapada." Mr. Stroup set a share target of $23 for Hudbay. Analysts on average target Hudbay shares at $26.95. Mr. Stroup set a Street-high share target of $32 for Lundin, exceeding the $24.54 average.