Southern Copper Corporation SCCO

Company Overview

Southern Copper Corporation is an integrated mining company primarily engaged in the exploration, mining, smelting, and refining of copper, with additional production of molybdenum, zinc, silver, and other by-products. The company operates within the base metals mining industry, with copper representing the dominant share of revenue and operating profit. Southern Copper is recognized as one of the world’s largest copper producers by reserves and output, with a business model focused on large-scale, long-life mining assets.

The company traces its origins to the mid‑20th century and was formed through the consolidation of mining assets in Peru and Mexico. Southern Copper Corporation is majority-owned by Grupo México, S.A.B. de C.V., which provides strategic direction and operational integration across mining, transportation, and infrastructure assets. Its competitive positioning is driven by a low-cost production profile, vertically integrated operations, and a reserve base that supports multi-decade mine lives.