Business mix
- The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates.
- It operates the Toquepala and Cuajone open-pit mines, smelter, and refinery in Peru; La Caridad, an open-pit copper mine, as well as copper ore concentrator; and SX-EW plant, a smelter, refinery, and rod plant in Mexico.
- The company also operates Buenavista, an open-pit copper mine, as well as copper concentrators and operating SX-EW plants in Mexico.
- In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; coal mine; and zinc refinery.
Current key questions
- Can demand and competitive position in copper support revenue growth and margins?
- Which input costs, regulation, customer concentration, or execution risks matter most for earnings quality?
- Does capital allocation improve long-term free cash flow and per-share value?
