HighGravityData

Southern Copper — Jul 28, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001558370-25-009748
Open on SEC.gov ↗
Showing in the filing
El Pilar annual production capacity
“36,000 tonnes of copper cathodes”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 23
Quarterly cash dividend for FY2025
“$0.80 per share of common stock”
Stock dividend for FY2025
“0 .0101 shares of common stock per share of common stock”
Capital investment program
“exceeds $15 billion”
Peruvian projects investment
“could surpass $10.3 billion”
Tía María production capacity
“120,000 tonnes of SX- EW copper cathodes per year”
Tía María expected exports
“$18.2 billion”
Tía María expected taxes and royalties contr…
“$3.8 billion”
Tía María project budget
“$1,802 million”
Tía María construction phase jobs target
“3,500”
Tía María direct jobs at start of operations for FY2027
“764”
Tía María indirect jobs at start of operations for FY2027
“5,900”
Los Chancas annual copper production for FY2025
“130,000 tonnes of copper”
Los Chancas annual molybdenum production for FY2025
“7,500 tonnes of molybdenum”
Los Chancas estimated capital investment
“$2.6 billion”
Los Chancas operations start for FY2030
“2030-2031”
Michiquillay annual copper production for FY2025
“225,000 tonnes 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
“by 2032”
SCC's Mexican investments
“$10.2 billion”
Minera Mexico planned investment for FY2025
“more than $600 million”
El Arco combined operation capacity
“120 ktpd concentrator and 28 ktpy SX-EW operations”
El Pilar annual production capacity for FY2025
“36,000 tonnes of copper cathodes”
Exhibit 99.1 · the passage around this item
… earlier in the release
Its copper oxide mineralization contains estimated proven and probable reserves of 317 million tonnes of ore with an average copper grade of 0.249%. We anticipate that El Pilar will operate as a conventional open-pit mine with an annual production capacity of 36,000 tonnes of copper cathodes. This operation will use highly cost efficient and environmentally friendly SX-EW technology. ​ SCC has several projects in its Mexican pipeline that may boost organic growth if they are found to be of value for both stakeholders and the communities in which we operate. These projects are Angangueo, Chalchihuites and the Empalme Smelter, which could bolster our position as a fully integrated copper producer. ​ ​ ​ 2Q25 www.southerncoppercorp.com Page 4 of 13 ​ ​ ​ ​ ​ ​ ​ ​ ​ SECOND QUARTER AND SIX MONTHS 2025 RESULTS SOUTHERN COPPER ​ ​ ​ ​ ​ Environmental, Social & Corporate Governance (ESG) Practices ​ SCC continued to strengthen its focus on sustainability and transparency. For the first time, SCC ´ s Sustainable Development Report was verified by an independent third party. This verification complies with the standards of environmental, social, and governance (ESG) rating agencies and bolsters investor confidence by providing detailed information on our performance across 15 material sustainability topics. The most noteworthy results include a 24% reduction in the lost time injury frequency rate since 2023; 39% of our electricity consumption was sourced from renewable energy
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.