SCCO Guides Lower Output For 2026: Is a Strong Rebound Ahead? [Yahoo! Finance]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
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Source: Yahoo! Finance
Southern Copper Corporation SCCO reported copper production of 956,270 tons in 2025, reflecting a modest 1.8% year-over-year decline and falling 1% short of its guidance. Lower output at Buenavista and the Peruvian mines, partially offset by a rise in production at IMMSA and La Caridad mines, led to decreased numbers for the year. Expecting weaker ore grades at its Peruvian mines, SCCO projects 2026 copper production at around 911,400 tons, suggesting a 4.7% decline from 2025 levels. Despite these near-term headwinds, Southern Copper maintains a strong long-term outlook, targeting a significant ramp-up in output to roughly 1.6 million tons by 2035. This implies a compound annual growth rate (CAGR) of approximately 5.3% from 2025 levels. To support this ambitious growth plan, the company intends to invest nearly $19.9 billion over the next decade, with the bulk of the capital allocated to projects in Peru. A substantial portion of this spending is scheduled through 2031 as key d
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Sec Filings
- 2/17/26 - Form 6-K
- 2/17/26 - Form 6-K
- 2/17/26 - Form 6-K
- BHP's page on the SEC website