Southern Copper's Suppliers recorded an increase in sales by 10.36 % year on year in Q2 2026, sequentially sales grew by 10.45 %, Southern Copper recorded an increase in cost of sales by 14.67 % year on year, relative to one quarter ago cost of sales fell by -7.29 % in Q2.
Southern Copper's Suppliers recorded an increase in sales by 10.36 % year on year in Q2 2026, sequentially sales grew by 10.45 %, Southern Copper recorded increase in cost of sales by 14.67 % year on year, compare to one quarter ago cost of sales fell by -7.29 % in Q2.
Electricity: We currently receive power from Engie Energia Peru S.A., "Engie"
(formerly Enersur S.A.) under a power purchase agreement through April 2017. In
June 2014, we entered into a power purchase agreement for 120 megawatt ("MW")
with the state company Electroperu S.A., which will supply energy for our Peruvian
operations for twenty years starting on April 17, 2017 and ending on April 30,
2037. In July 2014, we entered into a power purchase agreement for 120MW with
a private power generator Kallpa, which will supply energy for our Peruvian operations
for ten years starting on April 17, 2017 and ending on April 30, 2027. In May
2016, we signed an additional power purchase agreement for a maximum of 80MW with
Kallpa, under which Kallpa will supply energy for the operations related to the
Toquepala Expansion and other minor projects for ten years starting on May 1,
2017 and ending after ten years of commercial operation of the Toquepala Expansion
or on April 30, 2029; whichever happens first. In addition, we feel confident
that additional power can be obtained from the Peruvian national grid, should
the need arise.
Additionally, we have nine megawatts of power generation capacity from two
small hydro-generating installations at Cuajone. Power is distributed over a
224-kilometer closed loop transmission circuit, which is interconnected with
the Peruvian network.
Water: We have water rights or licenses for up to 1,950 liters per second
from well fields at the Huaitire, Vizcachas and Titijones aquifers and surface
water rights from the Suches lake and two small water courses, Quebrada Honda
and Quebrada Tacalaya. We believe these water sources are sufficient to supply
the needs of our operating units at Toquepala and Cuajone. At Ilo, we have desalination
plants that produce water for industrial use and domestic consumption that we
believe are sufficient for our current and projected needs.
Southern Copper's Comment on Supply Chain
Electricity: We currently receive power from Engie Energia Peru S.A., "Engie"
(formerly Enersur S.A.) under a power purchase agreement through April 2017. In
June 2014, we entered into a power purchase agreement for 120 megawatt ("MW")
with the state company Electroperu S.A., which will supply energy for our Peruvian
operations for twenty years starting on April 17, 2017 and ending on April 30,
2037. In July 2014, we entered into a power purchase agreement for 120MW with
a private power generator Kallpa, which will supply energy for our Peruvian operations
for ten years starting on April 17, 2017 and ending on April 30, 2027. In May
2016, we signed an additional power purchase agreement for a maximum of 80MW with
Kallpa, under which Kallpa will supply energy for the operations related to the
Toquepala Expansion and other minor projects for ten years starting on May 1,
2017 and ending after ten years of commercial operation of the Toquepala Expansion
or on April 30, 2029; whichever happens first. In addition, we feel confident
that additional power can be obtained from the Peruvian national grid, should
the need arise.
Additionally, we have nine megawatts of power generation capacity from two
small hydro-generating installations at Cuajone. Power is distributed over a
224-kilometer closed loop transmission circuit, which is interconnected with
the Peruvian network.
Water: We have water rights or licenses for up to 1,950 liters per second
from well fields at the Huaitire, Vizcachas and Titijones aquifers and surface
water rights from the Suches lake and two small water courses, Quebrada Honda
and Quebrada Tacalaya. We believe these water sources are sufficient to supply
the needs of our operating units at Toquepala and Cuajone. At Ilo, we have desalination
plants that produce water for industrial use and domestic consumption that we
believe are sufficient for our current and projected needs.
SCCO's Suppliers Net Income grew by
SCCO's Suppliers Net margin grew in Q2 to
81.46 %
17.95 %
SCCO's Suppliers Net Income grew by 81.46 %
SCCO's Suppliers Net margin grew in Q2 to 17.95 %
Southern Copper's Suppliers Sales Growth
in Q2 2026 by Industry
Sources:
Southern Copper Corp's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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