Southern Copper
Southern Copper Corporation is a leading vertically integrated producer of copper and other base and precious metals, operating significant mining, smelting, and refining facilities in Peru and Mexico. The company maintains what it believes to be the world's largest copper reserves and manages the entire production chain from ore extraction to the manufacturing of refined copper rod. Its value proposition is built on large-scale, low-cost operations and a high degree of vertical integration that includes proprietary logistics and power generation assets.
Financials
Based on Q1 2026 filing
Revenue
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Peruvian Operations
primaryThis segment encompasses the extraction, milling, and flotation of copper and molybdenum ore, as well as smelting and refining activities in Peru. It includes major open-pit mines and metallurgical complexes that produce refined copper cathodes and precious metals.
Copper concentrates, Molybdenum concentrates, Copper cathodes, Refined silver, Refined gold, Sulfuric acid
Industrial manufacturers, Electrical and electronic product manufacturers, Construction companies, Metal traders
Mexican Open-Pit Operations
primaryFocuses on large-scale open-pit copper mining and processing through the La Caridad and Buenavista units. These operations include concentrators, smelting, refining, and specialized plants for copper rod and zinc production.
Copper rod, Copper cathodes, Zinc concentrates, Molybdenum concentrates, Refined silver, Refined gold
Automotive manufacturers, Power transmission companies, Telecommunications providers, Industrial machinery producers
Mexican Underground Operations (IMMSA)
majorOperates five underground mines across Mexico that specialize in the production of zinc, lead, copper, silver, and gold, supported by a dedicated zinc refinery.
Refined zinc, Lead concentrates, Copper concentrates, Silver, Gold
Battery manufacturers, Galvanizing industry, Chemical companies, Jewelry and coinage producers
Segment Financials
Peruvian Operations — Total Assets
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Competitive Position
One of the world's largest integrated copper producers with the largest reported copper reserves globally and a low-cost production profile.
Geographies
Peru, Mexico, Argentina, Chile
Customer Segments
Industrial manufacturers, Infrastructure developers, Energy utilities, Construction firms
Upstream Dependencies
Natural gas and diesel fuel suppliers, Electric power utilities, Water rights and concessions, Mining equipment manufacturers
Downstream Customers
Electrical wire and cable manufacturers, Construction and plumbing suppliers, Automotive and transportation industries, Electronics and telecommunications equipment makers
Competitors & Partners
Similar Companies
Partners
Valero Energy
VLO
Primary fuel supplier for Peruvian operations
Electroperu S.A.
State-owned power supplier for Peruvian operations
Kallpa Generacion S.A.
Private power generator supplying energy to Peruvian mines
Petroleos Mexicanos (PEMEX)
State-owned fuel supplier for Mexican operations
Comision Federal de Electricidad (CFE)
State-owned electrical power producer in Mexico
Subsidiaries
Minera Mexico, S.A. de C.V.
Primary holding company for Mexican mining operations
Mexicana de Cobre, S.A. de C.V.
Operator of the La Caridad unit
Operadora de Minas e Instalaciones Mineras, S.A de C.V.
Operator of the Buenavista unit
Industrial Minera Mexico, S.A. de C.V.
Operator of the IMMSA underground mining unit
Southern Copper FAQ
Common questions about Southern Copper
Southern Copper Corporation is a leading vertically integrated producer of copper and other base and precious metals, operating significant mining, smelting, and refining facilities in Peru and Mexico. The company maintains what it believes to be the world's largest copper reserves and manages the entire production chain from ore extraction to the manufacturing of refined copper rod. Its value proposition is built on large-scale, low-cost operations and a high degree of vertical integration that includes proprietary logistics and power generation assets.
Southern Copper (SCCO) has a market capitalization of $149.44B and trades on NYSE.
Southern Copper generated $14.5B in trailing twelve-month revenue with net income of $5.0B, representing a net margin of 34.2%. Gross margin stands at 61.9%, with free cash flow of $4.3B. These figures are based on the Q1 2026 filing.
Southern Copper's key competitors include Freeport-McMoRan Inc., Newmont Corporation. These companies compete in similar markets and product categories.
Southern Copper has approximately 15,810 employees.