Southern Copper Corporation: What Is The Current Impact Of Copper Market Dynamics & Prices 

Southern Copper Corporation performed admirably in 2023 despite facing some challenges. The company reported net sales of $9,896 million, a decrease of 1.5% compared to 2022. This was primarily due to higher copper and molybdenum sales volumes, increased molybdenum and silver prices, and a reduction in copper and zinc metal prices along with decreased silver and zinc sales volumes. Accounting adjustments also negatively affected net sales, leading to a lower figure.