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Southern Copper Corporation (SCCO) This fall 2025 Earnings Call Transcript

Southern Copper Corporation (SCCO) Q4 2025 Earnings Call January 28, 2026 10:00 AM EST

Company Participants

Raul Jacob – VP of Finance, Treasurer & CFO

Conference Call Participants

Timna Tanners – Wells Fargo Securities, LLC, Research Division
Emerson Vieira – Goldman Sachs Group, Inc., Research Division
Alfonso Salazar – Scotiabank Global Banking and Markets, Research Division
Tingshuai Feng – China International Capital Corporation Limited, Research Division
Matheus Moreira – Banco Bradesco BBI S.A., Research Division
Alexander Hacking – Citigroup Inc., Research Division
Myles Allsop – UBS Investment Bank, Research Division

Presentation

Operator

Good morning, and welcome to Southern Copper Corporation’s Fourth Quarter and Year 2025. With us this morning, we have Southern Copper Corporation, Mr. Raul Jacob, Vice President, Finance, Treasurer and CFO, who will discuss the results of the company for the fourth quarter and year 2025 as well as answer any questions that you might have.

The information discussed on today’s call may include forward-looking statements regarding the company’s results and prospects, which are subject to risks and uncertainties. Actual results may differ materially, and the company cautions to not place undue reliance on these forward-looking statements. Southern Copper Corporation undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. All results are expressed in full U.S. GAAP. Now I will pass the call on to Mr. Raul Jacob.

Raul Jacob
VP of Finance, Treasurer & CFO

Thank you very much, Gigi. Good morning, everyone, and welcome to Southern Copper’s Fourth Quarter and Full Year 2025 Results Conference Call. At today’s conference, I’m accompanied by Mr. Oscar Gonzalez Rocha, CEO of Southern Copper and Board member; as well as Mr. Leonardo Contreras, who is also a Board member. In today’s call, we will begin with an update on our view of the copper market and then review Southern Copper’s key results related to

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