Southern Copper Corporation announced plans to invest over $20.5 billion over the next decade, with significant resources allocated towards expanding operations in Peru. This investment aims to ramp up copper production to 1.6 million tons by 2033, reflecting a compound annual growth rate of 6.6%. The move follows the company's record net sales of $13.4 billion for 2025, leveraging its status as the industry leader in copper reserves.
“Southern Copper · has the largest · copper reserve in the industry”
“Southern Copper · posted record net sales of · $13.4 billion · for 2025”
“Southern Copper · has the largest copper reserve · in the industry · true”
“Southern Copper · expects to ramp up copper production to · 1.6 million tons · by 2033”
“Southern Copper · plans to invest more than · $20.5 billion · over the next decade”
“Southern Copper · posted record net sales of · $13.4 billion for 2025 · true”
“SCCO · expects to ramp up its copper production to · around 1.6 million tons by 2033 · true”
“Southern Copper · posted net sales · $13.4 billion for 2025 · true”
“Southern Copper · expects to ramp up copper production · to around 1.6 million tons by 2033 · true”
“Southern Copper · plans to invest · more than $20.5 billion over the next decade · true”
“Southern Copper · net sales · $13.4 billion · 2025”
“Southern Copper · plans to invest · more than $20.5 billion · over the next decade”