Southern Copper 3Q26 net income jumps 63% to $1.8 billion; sales rise 39% to $4.7 billion
SCCO•Southern Copper reported record third-quarter 2026 net income of $1.8 billion, up 63% year over year, and record net sales of $4.7 billion, up 39%. Operating cash flow rose 43% to $2.22 billion, while capital investments increased 48% to $515.8 million.
1. Record quarterly results
Southern Copper’s third-quarter 2026 net income attributable to shareholders rose 63% year over year to a record $1.8 billion, while net sales climbed 39% to a record $4.7 billion, driven by higher metal prices. Operating cash flow rose 43% to $2.22 billion, and capital investments increased 48% to $515.8 million year over year. The company expects Tia Maria to begin operations in the first half of 2028, producing 120,000 tonnes of copper annually in its early years.
