For Q1 FY2026 ended March 31, 2026, Southern Copper Corp reported revenue of $4.25 billion, up 36.2% year-over-year. Net income was $621.4 million, up 29.9% YoY, while operating income rose 61.5% to $2.48 billion. Diluted EPS increased 67.0% to $1.92. The company held $4.92 billion in cash, $11.79 billion in equity, and $6.75 billion in long-term debt.
•Revenue increased 36.2% YoY to $4.25 billion.
•Net income rose 29.9% YoY to $621.4 million.
•Operating income grew 61.5% YoY to $2.48 billion.
•Diluted EPS was $1.92, up 67.0% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Southern Copper provides mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates.
Its portfolio also includes smelting of copper concentrates to produce blister and anode copper, refining of anode copper to produce copper cathodes, production of copper-molybdenum concentrates and sulfuric acid, production of refined silver, gold, and materials, and mining and processing of copper, molybdenum, zinc, silver, gold and lead.
It operates the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru. Its portfolio also includes La Caridad, an open-pit copper mine, as well as copper ore concentrator, and SX-EW plant, a smelter, refinery, and rod plant in Mexico. It also operates Buenavista, an open-pit copper mine, as well as copper concentrators and operating SX-EW plants in Mexico.
Additionally, it operates underground mines that produce zinc, lead, copper, silver, and gold. Its portfolio also includes coal mine, and zinc refinery. The company has interests in 164,805 hectares and 505,788 hectares of concessions in Peru and Mexico
98,634 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was formerly known as Southern Peru Copper Corp. and changed its name to Southern Copper Corporation in July 1996. The company was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.
Southern Copper Corporation is a mining company primarily engaged in the mining, exploration, smelting, and refining of copper and other minerals. Its operations include mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates. The company also smelts copper concentrates to produce blister and anode copper, and refines anode copper into copper cathodes. Additionally, it produces copper-molybdenum concentrates, sulfuric acid, refined silver, gold, and other materials. Southern Copper also mines and processes molybdenum, zinc, silver, gold, and lead. Its major operations include the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru, as well as the La Caridad and Buenavista open-pit copper mines in Mexico, which include concentrators, SX-EW plants, smelters, refineries, and rod plants. The company also operates underground mines producing zinc, lead, copper, silver, and gold, along with a coal mine and a zinc refinery.
Where is Southern Copper Corporation (SCCO) listed and in which currency?
Southern Copper Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol SCCO. The company's shares are traded in US Dollars (USD), as it is headquartered in the United States and listed on a US exchange. This makes it accessible to investors trading in US markets, and its financial reporting is conducted in US Dollars.
What sector and industry does Southern Copper Corporation (SCCO) belong to?
Southern Copper Corporation operates in the Basic Materials sector, specifically within the Copper industry. As a copper-focused mining company, it is involved in the extraction and processing of copper and other minerals. The Basic Materials sector includes companies that provide raw materials for various industries, and within this sector, the Copper industry encompasses firms engaged in copper mining, smelting, and refining. Southern Copper's activities align closely with this classification, as its primary business revolves around copper production, along with by-products such as molybdenum, silver, and gold.
Where is Southern Copper Corporation (SCCO) headquartered and what regions does it serve?
Southern Copper Corporation is headquartered in Phoenix, Arizona, United States. The company operates in multiple countries across the Americas, including Mexico, Peru, the United States, Brazil, Chile, Argentina, and other American countries. Its key mining operations are located in Peru and Mexico, where it runs major open-pit mines such as Toquepala, Cuajone, La Caridad, and Buenavista. The company also holds significant mineral concessions, with interests in approximately 164,805 hectares in Peru and 505,788 hectares in Mexico, as well as exploration concessions in Argentina (98,634 hectares) and Chile (28,453 hectares). This geographic diversity allows Southern Copper to access rich mineral deposits and serve global markets.
How does Southern Copper Corporation (SCCO) generate revenue?
Southern Copper Corporation generates revenue primarily through the mining, smelting, and refining of copper and other minerals. The company produces copper cathodes, copper rod, molybdenum concentrates, sulfuric acid, refined silver, gold, zinc, and lead. Its main revenue driver is copper, which is sold as cathodes and rod. The company's integrated operations include open-pit and underground mining, concentrators, smelters, refineries, and SX-EW plants. In Peru, it operates the Toquepala and Cuajone mines along with a smelter and refinery. In Mexico, it runs the La Caridad mine with a concentrator, SX-EW plant, smelter, refinery, and rod plant, as well as the Buenavista mine with concentrators and SX-EW plants. Additionally, it operates underground mines producing zinc, lead, copper, silver, and gold, and has a coal mine and zinc refinery. By processing ore into refined metals and by-products, Southern Copper captures value across the production chain.