Southern Copper Corporation Reports 1% Decline in Copper Production and 15% Increase in Silver Output for 2Q25

Reuters
2025.07.30 19:34
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Southern Copper Corporation reported a 1% decline in copper production for Q2 2025, totaling 238,980 tons, while silver output increased by 15% to 6.0 million ounces. Molybdenum production rose by 4%, and zinc production surged by 56%. The company anticipates a potential copper market deficit in 2025 due to low inventories and rising demand, despite ongoing US-China trade tensions that may lead to tariffs on US copper imports. Plans for capital investments and a commitment to ESG initiatives were also highlighted, though specific financial figures were not disclosed.