Southern Copper Corporation investments showed an upward trend over the last four years, reaching $1.3253 billion in 2025.

Its capital expenditures grew year-on-year during this period, from $892.3 million in 2021.

Southern Copper Corporation is one of the largest integrated producers of copper, molybdenum, zinc, and silver. With operations in Peru and Mexico, it has the largest copper reserves in the world. It is a subsidiary of Grupo Mexico.

Southern Copper Corporation investments

In 2025, the company’s investment in Mexico reached $836.6 million. The main destination was the new tailings deposit in Buenavista, which accounted for $252.0 million. In addition, the new Buenavista concentrator increased its spending to $67.1 million.

Southern Copper Corporation’s strategy also prioritized the modernization of assets. This item accounted for 50% of the funds invested. At the same time, 43% was allocated to water and tailings management, while the El Pilar project was also promoted.

In parallel, the company channeled resources into its operations in Peru. During 2025, investment in that country reached $488.7 million. Disbursements included $116.6 million for Tía María and $43.7 million for the Los Chancas project.

In addition, the company allocated $37.1 million for the relocation of the leaching crusher in Toquepala. These resources were part of the investment program implemented in Peruvian operations during the same period.

Looking ahead, the company plans to invest $10.3 billion in Peru over the next decade. In this context, the Tía María project recorded 24% operational progress, while 3,125 hectares of land were acquired in Los Chancas.

Revenues and profits 

Southern Copper faces intense global competition based primarily on price, operational efficiency, and service quality. The company competes with large, internationally integrated mining producers, while some of its metals also face competitive pressure from industrial substitute materials, such as aluminum and various plastics used in manufacturing applications.

In 2025, SCC recorded record net revenues of $13.42 billion, representing year-on-year growth of 17.4%. This performance was driven by a favorable international copper and silver price environment, as well as a greater contribution from by-product revenues.

Net income reached a record high of $4,334.9 million in 2025, equivalent to an annual increase of 28.4%. This growth was mainly due to higher sales volumes and higher interest income, factors that offset the impact of higher operating costs and higher tax burdens.

SCC indicators, in millions of dollars:

Investments (capital expenditures, CapEx)

• 2021: 892.3.
• 2022: 948.5.
• 2023: 1,008.6.
• 2024: 1,027.3.
• 2025: 1,325.3.

Total revenue

• 2021: 10,934.1.
• 2022: 10,047.9.
• 2023: 9,895.8.
• 2024: 11,433.4.
• 2025: 13,420.0.

Net income

• 2021: 3,397.1.
• 2022: 2,638.5.
• 2023: 2,425.2.
• 2024: 3,376.8.
• 2025: 4,334.9.