Southern Copper secures USD 1.25 billion bond financing for Peru’s Tia Maria copper project

شركة ساذرن كوبر كوربوريشن

Southern Copper Corporation

SCCO

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  • Southern Copper secured USD 1.25 billion in New York bonds to fund development of Peru’s Tía María copper project.
  • The securities carry a 5.35% annual coupon through maturity in 2036.
  • Tía María targets annual output of 120,000 metric tons of refined copper using SX-EW technology.
  • Operations are expected to start in Q3 2027; total capital budget is USD 1.8 billion, with USD 948 million already committed.
  • Management forecasts USD 24.1 billion of exports over 20 years at current copper prices, with USD 6.2 billion in taxes and royalties.


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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-078041), on June 26, 2026, and is solely responsible for the information contained therein.