Issued $1.25 billion of 10-year fixed-rate senior unsecured notes due 2036 at 5.350% to fund Tía María; reiterated Peru project pipeline at $10.3 billion.
2Q26 results and cash flow
Southern Copper posted 2Q26 net income of $1.67 billion, up 71.6% from a year earlier; EPS rose 71.8% to $2.01.
Net sales climbed 40.6% to $4.29 billion; operating income increased 65.3% to $2.62 billion.
Adjusted EBITDA rose 59.5% to $2.86 billion; net income margin widened 7 percentage points to 38.9%.
6M26 operating cash flow more than doubled to $3.68 billion; operating cash cost per pound fell 93% to $0.05.
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