Asset retirement obligations
Southern Copper Asset retirement obligations increased by 3.0% to $485.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.0%, from $532.90M to $485.00M. Over 5 years (FY 2020 to FY 2025), Asset retirement obligations shows a downward trend with a -2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects higher expected future environmental remediation costs, often due to site expansion or stricter regulations.
Detailed definition
This represents the estimated present value of the costs required to decommission, dismantle, and remediate mining sites...
Peer comparison
Highly specific to the mining and energy sectors; peers will have similar obligations based on the scale and age of their operations.
asset_retirement_obligationsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $555.30M | $559.60M | $562.90M | $610.70M | $615.60M | $620.80M | $585.30M | $591.50M | $597.90M | $604.30M | $612.50M | $617.80M | $619.20M | $621.60M | $546.10M | $532.90M | $509.90M | $457.70M | $471.10M | $485.00M |
| QoQ Change | — | +0.8% | +0.6% | +8.5% | +0.8% | +0.8% | -5.7% | +1.1% | +1.1% | +1.1% | +1.4% | +0.9% | +0.2% | +0.4% | -12.1% | -2.4% | -4.3% | -10.2% | +2.9% | +3.0% |
| YoY Change | — | — | — | — | +10.9% | +10.9% | +4.0% | -3.1% | -2.9% | -2.7% | +4.6% | +4.4% | +3.6% | +2.9% | -10.8% | -13.7% | -17.7% | -26.4% | -13.7% | -9.0% |
Asset retirement obligations at Other Companies
Frequently Asked Questions
- What is Southern Copper's asset retirement obligations?
- Southern Copper (SCCO) reported asset retirement obligations of $485.00M in Q1 2026.
- How has Southern Copper's asset retirement obligations changed year-over-year?
- Southern Copper's asset retirement obligations decreased by 9.0% year-over-year, from $532.90M to $485.00M.
- What is the long-term trend for Southern Copper's asset retirement obligations?
- Over 5 years (2020 to 2025), Southern Copper's asset retirement obligations has grown at a -2.9% compound annual growth rate (CAGR), from $545.00M to $471.10M.
- What does asset retirement obligations mean?
- The estimated future cost to clean up and close mining sites.