Southern Copper secures US$ 1.25 billion bond financing for Tia Maria copper project

شركة ساذرن كوبر كوربوريشن

Southern Copper Corporation

SCCO

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  • Southern Copper closed US$ 1.25 billion financing for Peru’s Tía María copper project via a New York bond placement, paying 5.35% through 2036.
  • Tía María targets annual output of 120,000 tons of refined copper, using ESDE technology, with start-up expected in Q3 2027.
  • Project budget totals US$ 1.8 billion; US$ 948 million has been committed to date.
  • Management forecasts US$ 24.1 billion in exports over 20 years, with US$ 6.2 billion in taxes and royalties at current copper prices.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Copper Corporation published the original content used to generate this news brief on June 24, 2026, and is solely responsible for the information contained therein.