Sofía Martin's questions to Southern Copper Corp (SCCO) leadership • Q2 2024
Question
Sofía Martin of GBM asked for Southern Copper's copper production guidance for the next several years.
Answer
Executive Raul Jacob provided a multi-year copper production forecast: 963,200 tons for 2024, followed by 921,000 tons in 2025, and slightly under 900,000 tons in 2026 due to lower ore grades. Production is expected to rebound to 960,000-970,000 tons in 2027 and surpass 1 million tons by 2028 with the addition of the Tia Maria project.