Southern Copper Corporation
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Leonardo Contreras Lerdo de Tejada
- Full Time Employees
- 16,617
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 7310 North 16th St Phoenix AZ United States 85020
- IPO Date
- Jun 18, 1905
- CIK
- 0001001838
- Website
- southerncoppercorp.com
- Similar Companies
- Business
- Southern Copper Corporation (NYSE: SCCO) is a leading integrated copper producer engaged in the exploration, development, mining, extraction, smelting, refining, and transportation of copper and other metals. The company produces copper in cathode, rod, and precious metal forms, including gold, silver, molybdenum concentrates, sulfuric acid, and anode slimes; it operates through segments such as Peruvian Operations, Mexican Operations, and the Michigan Group. Its primary mining units include the Toquepala and Cuajone mines in southern Peru, La Caridad in Sonora Mexico, Buenavista in Sonora Mexico, and Pilares in Sonora Mexico, with additional processing facilities for electrowinning, solvent extraction, flotation, milling, concentrating, leaching, and SX/EW operations. Southern Copper serves global markets including the United States, Chile, Brazil, Asia, Europe, and other regions, targeting industrial manufacturers, construction firms, and electronics producers reliant on copper and byproducts. Founded in 1952 and headquartered in Phoenix, Arizona, the company operates as a subsidiary of Grupo Mexico S.A.B. de C.V. In recent developments, Southern Copper announced in 2024 plans to invest approximately $3 billion through 2027 primarily in greenfield and brownfield projects in Peru and Mexico to expand production capacity; it also progressed on key initiatives like the Pilares project restart, Tia Maria development, and Quebrada Blanca joint venture interests, alongside maintaining strong financials with record revenues reported in 2024 amid elevated copper prices.
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