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
Quarterly cash dividend
“$0.80 per share of common stock”
Period
FY2025
Measure
Declared action
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
In the first half of the year, we spent $553.5 million on capital investments, which represents 28.4% of net income and reflects the impact of a 1.4% increase in capital expenses YoY. ● Dividends: On July 24, 2025, the Board of Directors authorized a quarterly cash dividend of $0.80 per share of common stock and a stock dividend of 0 .0101 shares of common stock per share of common stock, payable on September 4, 2025, to shareholders of record at the close of business on August 15, 2025. In lieu of fractional shares, cash will be distributed to each shareholder who would otherwise have been entitled to receive a fractional share, based on a share price of $99.47, which is the average of the high and low share price on July 24, 2025. ​ Mr. German Larrea, Chairman of the Board, commenting on the Company ´ s progress and current circumstances, said: "We ’ re pleased with Southern Copper ’ s strong showing year-to-date. Most notably, sales volumes rose for copper (+0.3%), zinc (+25.3%), silver (+14.0%) and molybdenum (+5.9%). This evolution, combined with better prices for copper (LME, +3.6%), zinc (+3.3%) and silver (+26.3%), drove an 8% YTD increase in net sales. Additionally, our cash cost decreased from $0.91 to $0.70 (-23.6%), which drove an increase of 10.0% in EBITDA and 13.8% in net income. These positive variances reflected excellent performance in the first half of 2025. ​ In the current scenario of market volatility and uncertainty, the Company is closely monitoring U.S. trade
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.