Southern Copper Corporation has released its second quarter 2025 results, reporting a slight decline in copper production with a decrease of 1% from 242,474 tons in 2Q24 to 238,980 tons in 2Q25. Molybdenum production experienced a 4% increase, rising from 7,654 tons in 2Q24 to 7,919 tons in 2Q25. Silver production saw a significant growth of 15%, from 5.2 million ounces in 2Q24 to 6.0 million ounces in 2Q25. Additionally, zinc production increased by 56% from 29,419 tons in 1Q25 to 45,899 tons in 2Q25. The company highlighted a potential market deficit in copper for 2025, driven by low inventories covering only six days of consumption, a strong Chinese economy, and new demand emerging from decarbonization and artificial intelligence technologies. However, Southern Copper Corporation also noted the ongoing commercial tensions between the US and China, with a strong possibility of tariffs being imposed on US copper imports. The company did not provide specific figures for sales, net income, or earnings per share in the released document. However, they announced plans for capital investments and highlighted their commitment to Environmental, Social, and Governance $(ESG)$ initiatives. An update on the dividend was also provided, but specific details were not included in the excerpt.
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