- CEO
- German Larrea Mota-Velasco
- Full Time Employees
- 31,333
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- Campos Elíseos No. 400 Mexico City DF Mexico 11000
- IPO Date
- Jan 5, 2010
- Business
- Grupo México, S.A.B. de C.V. operates as a leading Mexican conglomerate primarily engaged in mining, transportation, and infrastructure services. Its mining division is a major producer of copper and other metals, offering key products such as copper, zinc, gold, and silver through its extensive operations in Mexico, Peru, Chile, the United States, and Spain. The company also operates Mexico's largest and most profitable railway network, transporting a significant portion of the country's rail cargo, alongside transportation services including rail ferry operations and highway concessions. Additionally, Grupo México provides infrastructure development services, including construction and energy through subsidiaries such as Fenicias Wind Farm.
Founded in 1942 and headquartered in Mexico City, the company recently expanded its transportation portfolio by acquiring a 60% stake in rail ferry subsidiaries and consolidating ownership of CG Railway, enhancing its cross-border rail operations between the US and Mexico. Its mining segment reported a 5.5% increase in copper production in 2024, supported by the start-up of the Buenavista Zinc project, which boosted zinc sales substantially. Grupo México has also increased investments in asset modernization, water usage improvements, and tailings management to ensure operational safety and efficiency. The company continues to launch new projects like the K8+Puebla portfolio and Fenicias Wind Farm as part of its diversification and growth strategy.
Grupo México pursues strategic improvements in environmental and social governance, implementing ISO 14001 and ISO 45001 standards across mining operations and investing heavily in local community infrastructure, health, and education programs. It also maintains a commitment to sustainable growth, demonstrated through listings such as the FTSE4Good Index Series and consistent enhancements in ESG ratings. The company is advancing organic growth strategies without major recent acquisitions beyond those related to transportation assets, while it recently put forth a binding proposal to acquire a stake in Banamex's retail division as part of its broader expansion ambitions in Mexico's financial services.
Grupo México serves multiple business segments including mining, railway transportation, infrastructure, and energy across North and South America. It is one of Mexico's largest companies by market capitalization and a top global copper producer. Its operational scope encompasses ownership and management of mining mines, railway networks, highways, construction services, and renewable energy assets. This integrated business model strengthens its leadership position in the mining and transportation industries while aligning with strategic goals of operational optimization and environmental stewardship.
This comprehensive profile captures Grupo México's core offerings and recent significant developments as of late 2025.