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AI brief of an SEC Form 8-K · SOUTHERN COPPER CORP/ (SCCO)

Southern Copper Q2 net income rises 71.6% to record $1.67 billion on higher sales

Positive Impact 3 of 5 earnings Written later

Southern Copper reported record second-quarter 2026 net sales of $4,289.0 million, up 40.6%, and net income of $1,670.0 million, up 71.6%, driven mainly by higher metal prices. Copper sales volume fell 1.5% and mined copper output fell 3.5% from a year earlier, which the company attributed to lower production at its Peruvian mines.

Key points

  • Net sales $4,289.0 million, up 40.6% from $3,051.0 million in 2Q25
  • Net income $1,670.0 million, or $2.01 per share, versus $973.4 million, or $1.17 per share, in 2Q25
  • Adjusted EBITDA $2,856.0 million, up 59.5%; mined copper production 230,662 tonnes, down 3.5%
  • Board declared quarterly cash dividend of $1.10 per share plus 0.0120 shares stock dividend, payable August 27, 2026 to holders of record August 11, 2026

The filing

CompanySOUTHERN COPPER CORP/ (SCCO)
Form8-K, current report
Filed with the SECJul 21, 2026, 8:51 PM ET
Accession number0001104659-26-085515

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.