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Jun 30, 2021

Southern Copper Q2 2021 Earnings Report

Southern Copper's financial performance remained strong, driven by high copper prices and increased production. The company progressed on key projects and continued its commitment to social and environmental responsibility.

Key Takeaways

Southern Copper Corporation reported a strong second quarter, benefiting from high copper prices and increased production. The company is advancing its project pipeline and maintaining its focus on environmental and social responsibility.

Committed to supporting the fight against the COVID-19 pandemic through partnerships with the Ministry of Health in Peru.

Reiterated commitment to working with the government to underpin and bolster Peru’s economic recovery.

Advanced key projects in both Peru and Mexico, including Tia Maria, Buenavista Zinc, Pilares, El Pilar and El Arco.

Focused on Environmental, Social & Governance (ESG) through renewable energy sourcing, water recycling, and community investments.

Total Revenue
$2.9B
Previous year: $1.79B
+62.3%
EPS
$1.18
Previous year: $0.34
+247.1%
Gross Profit
$1.72B
Cash and Equivalents
$2.39B
Free Cash Flow
$842M
Total Assets
$17.7B

Southern Copper

Southern Copper