SCCO Southern Copper (SCCO) Q2 FY26 earnings call
Southern Copper delivered an exceptional quarter, achieving record sales, adjusted EBITDA, and net income, primarily fueled by significantly higher commodity prices for copper, molybdenum, and silver. Despite strong financial performance, the company faced production declines across most metals due to lower ore grades in Peruvian and Mexican operations. Management remains committed to advancing its extensive capital investment program, with key Peruvian projects like Tia Maria progressing and Mexican projects like Pilar moving towards construction, while also navigating political transitions i
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SCCO operating KPIs by quarter
| KPI | Jun 2025 Q2 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | This call Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|
| Production volume Copper | — | 234.892K tonsCopper production registered a decrease of 7% compared to the third quarter of 2024 and stood at 234,892 tons this past quarter.Source: earnings call transcript | 242.172K tonsCopper production registered an increase of 1.4% in the fourth quarter of last year on a quarter-over-quarter terms to stand at 242,172 tons.Source: earnings call transcript | 230.662K tonsCopper production registered a decrease of 3.5% compared to the trend in the second quarter of last year, standing at 230,662 tons this past quarter.Source: earnings call transcript | 232.396K tonsCopper production registered a decrease of 1% compared to the third quarter of 2025 and stood at 232,396 tons in this past quarter.Source: earnings call transcript | +0.8% |
| Production volume Mine zinc | 45.899K tonsMine zinc production increased 56% quarter-on-quarter and totaled 45,899 tons.Source: earnings call transcript | 45.482K tonsMine zinc production increased 46% quarter-on-quarter and totaled 45,482 tons.Source: earnings call transcript | 46.223K tonsZinc mined production increased 7% quarter-on-quarter and total 46,223 tons.Source: earnings call transcript | — | 41.88K tonsZinc mine production decreased 8% quarter-on-quarter and totaled 41,880 tons.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.