---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-083208"
form_type: "8-K"
ticker: "SCCO"
cik: "0001001838"
company_name: "SOUTHERN COPPER CORP/"
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T07:56:31.041584+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Southern Copper Q2 net income down 53.7% to $432M; EPS $0.56 vs $1.21; Cuajone stoppage hits production

## Summary
- Net sales $2,306.9M, down 20.4% YoY; net income $432.3M, down 53.7%; EPS $0.56 vs $1.21.
- Adjusted EBITDA $1,021.4M, down 45.2%; margin 44.3% vs 64.3% in Q2 2021.
- Copper production fell 12.1% to 208,428 tonnes; Cuajone mine stoppage of 54 days and lower ore grades.
- Operating cash cost per pound $1.10, up 87.6% from $0.59; Board authorized $0.75 dividend payable Aug 25.
- Peruvian projects: $7.9B commitment incl. Tia Maria, Los Chancas (attacked by illegal miners), Michiquillay.

## SEC filing metadata
- accession: 0001104659-22-083208
- form_type: 8-K
- ticker: SCCO
- cik: 0001001838
- company_name: SOUTHERN COPPER CORP/
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001838/000110465922083208/0001104659-22-083208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001838/000110465922083208/tm2221665d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-083208
- JSON: https://secwatch.observer/filing/0001104659-22-083208.json
- Plain text: https://secwatch.observer/filing/0001104659-22-083208.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.