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Southern Copper — Jan 27, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-007496
Open on SEC.gov ↗
Showing in the filing
Mexican investments pipeline
“$10.2 billion”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 17
Quarterly cash dividend for FY2026
“$1.00 per share”
Stock dividend for FY2026
“0.0085 shares of common stock per share of common stock”
Tía María estimated capital budget
“$1.8 billion”
Tia Maria projected exports
“US$20.2 billion”
Tia Maria projected taxes and royalties
“US$4.6 billion”
Long-term copper production objective for the long term
“1.6 million tons of copper by 2033”
Current capital investment program (this dec…
“exceeds $20.5 billion”
Peruvian projects investment
“could surpass $10.3 billion”
Tía María production capacity
“120,000 tonnes of SX- EW copper cathodes per year”
Los Chancas expected annual production for FY2025
“130,000 tons of copper and 7,500 tons of molybdenum annually”
Los Chancas estimated capital investment
“$2.6 billion”
Los Chancas operations start for FY2031
“expected to begin in 2031”
Michiquillay expected copper production
“225,000 tons of copper per year”
Michiquillay initial mine life
“more than 25 years”
Michiquillay estimated investment
“approximately $2.5 billion”
Michiquillay production start-up for FY2032
“expect production start-up by 2032”
Mexican investments pipeline
“$10.2 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
These projects are Angangueo, Chalchihuites and the Empalme Smelter, which are expected to bolster our position as a fully integrated copper producer. We are conducting talks with the current administration to continue rolling out SCC’s Mexican investments for $10.2 billion. ​ El Arco - Baja California: This is a world-class copper deposit located in the central part of the Baja California peninsula with more than 1,230 million tons in sulphide ore reserves with an average ore grade of 0.40% and 141 million tons of leach material with an average ore grade of 0.27%. The project includes an open-pit mine with a combined 120 ktpd concentrator and 28 ktpy SX-EW operations. ​ Detailed engineering is still underway for the concentrator, SX-EW plant, water desalination facilities, logistics infrastructure and power delivery. ​ ​ Environmental, Social & Corporate Governance (ESG) Practices ​ Safe management of tailings at our Buenavista del Cobre mine, and our mines in Peru. In recognition of our efforts in the ambits of prevention and minimizing risk, our Buenavista del Cobre mine (Sonora, Mexico), as well as our Toquepala and Cuajone mines in Peru, received accreditation from The Copper Mark for compliance with the Global Industry Standard on Tailings Management set forth by the International Council on Mining and Metals (ICMM). This accreditation guarantees that best international practices are followed to provide authorities, the communities neighboring
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.