Hudbay Minerals Inc. is in conversations to buy Mantos Copper SA, a Chilean mining company linked to former Anglo American executives, which is looking for a buyer to finance its expansion plans, according to those familiar with the matter. Mantos could get up to US$780 million in a sale, according to two people who are familiar with the situation and asked not to be named. While the talks are moving forward, they may still fail or other suppliers may emerge, they said.
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