Group 1: Trade Agreements and Tariffs - The U.S. has reached a "comprehensive" trade agreement with South Korea, imposing a 15% tariff on South Korean goods while allowing full trade access for U.S. products [3] - South Korea will invest $350 billion in U.S.-controlled projects, including $150 billion specifically for U.S.-Korea shipbuilding cooperation, and will purchase $100 billion worth of liquefied natural gas [3] - Starting August 1, the U.S. will impose a 25% tariff on goods from India, citing high tariffs and non-tariff barriers as reasons for the punitive measures [3][4] Group 2: Impact on Other Countries - Brazil will face a 40% tariff increase, bringing the total tariff to 50%, although certain products like wood pulp and oil are exempt [4] - The U.S. will also impose a 50% tariff on imported copper products, which has led to a significant drop in copper futures and affected major copper producers [4][5] Group 3: Economic Implications - Analysts warn that the copper tariffs could raise prices on various products, potentially impacting consumer costs in the U.S. [5] - The Federal Reserve has maintained the federal funds rate at 4.25% to 4.50%, with two officials dissenting for an immediate rate cut, reflecting ongoing economic concerns [6][7] - Recent GDP growth of 3% in Q2 has been viewed skeptically, with analysts suggesting that the improvement is largely due to reduced imports rather than robust consumer spending [9]

Core Viewpoint - The CFO of Southern Copper Corporation, Raul Jacob, expressed concerns about the impact of trade conflicts on the global economy and the copper industry, but remains optimistic about the long-term prospects for copper [1] Group 1: Industry Outlook - The mining sector anticipates that trade conflicts will negatively affect the global economy and the copper industry [1] - Despite current challenges, the industry is expected to maintain resilience in the long term [1] Group 2: Tariff Implications - Jacob highlighted a significant price gap between the COMEX and LME, indicating a high likelihood of the U.S. imposing tariffs on copper imports [1] - The Trump administration plans to implement a 50% tariff starting Friday, with Peru being a major supplier of refined copper to the U.S. [1] - There is uncertainty regarding the details of the tariffs and their potential impact on the company, as tariff levels on other goods and countries have been fluctuating [1] Group 3: Company Position - Grupo Mexico's chairman, German Larrea, stated that the company is monitoring the potential effects of tariffs on its business [1] - Southern Copper is in a solid position to handle uncertainties related to the trade environment [1]

Group 1 - The U.S. government announced a 50% tariff on certain imported copper products, effective August 1, which includes semi-finished copper products and copper-intensive derivatives [1][3] - The announcement led to a significant drop in copper prices, with New York copper prices falling over 18% to $4.60 per pound, and major copper producers Freeport-McMoRan and Southern Copper saw declines of approximately 10% and 6% respectively [1][3] - The new regulations are expected to disrupt global copper trade flows, as refined copper (electrolytic copper) is excluded from the tariff list, which may lead to a re-export of large quantities of copper previously shipped to the U.S. [4][5] Group 2 - Copper is the third most consumed metal globally, following iron and aluminum, with about half of the copper used in the U.S. being imported, primarily from Chile [5]

Core Insights - Southern Copper reported strong quarterly results for Q2 2025, surpassing both GAAP earnings per share and revenue expectations despite a decline in copper sales volumes and year-over-year revenue [1][5] Financial Performance - GAAP earnings per share were $1.22, exceeding the analyst estimate of $1.12, while GAAP revenue reached $3,051.0 million, slightly above the expected $3,047.2 million [2][5] - Year-over-year revenue fell by 2.2% due to a 3.0% drop in copper sales volume, but net income increased by 2.4% to $973.4 million, supported by reduced operating costs and by-product credits [2][5] - Adjusted EBITDA was $1,790.9 million, showing a slight decrease from the previous year, with an adjusted EBITDA margin of 58.7% [2][5] Production and Operations - Mined copper output was 238,980 tonnes, primarily affected by declines in Mexico, while by-product production saw significant increases: zinc production surged by 56% and silver output rose by 15.4% [6][7] - Operating cash costs for copper fell to $0.63 per pound, aided by gains from by-product revenues [6] Capital Investments and Sustainability - Capital investments dropped to $235.7 million, a 28.9% decrease from the prior year, while the company continued to develop key projects in Peru and Mexico [2][8] - Southern Copper achieved external verification of its ESG report and improved sustainability metrics, including a 24% reduction in lost time injuries and an increase in renewable energy use to 39% [8] Shareholder Returns - The quarterly dividend was raised to $1.40 per share, marking a 16.7% increase from the previous year, reflecting the company's commitment to returning capital to shareholders [9][10] Future Outlook - Management did not provide specific financial guidance but emphasized strong operational and financial performance as a foundation for resilience [11] - The company is focused on advancing major projects in Peru and addressing regulatory challenges in Mexico [11][12]

Group 1 - The Federal Reserve has maintained interest rates unchanged for the fifth consecutive time, impacting market performance [1] - Major U.S. stock indices showed mixed results, with the Dow Jones down 0.38%, the Nasdaq up 0.15%, and the S&P 500 down 0.12% [1] - Popular technology stocks experienced varied movements, with Nvidia rising over 2% and Apple declining more than 1% [1] Group 2 - Precious metals and copper-related stocks faced significant declines, with Freeport-McMoRan Copper & Gold down over 9% and Southern Copper down over 6% [1] - The Nasdaq China Golden Dragon Index fell by 1.82%, with most popular Chinese concept stocks declining, including NIO and New Oriental down over 4% [1] - Other notable declines included Li Auto down over 3%, Pinduoduo and Xpeng down over 2%, and Alibaba and JD down over 1% [1]

2Q25 RESULTS J U L Y 2 0 2 5 Disclaimer The material in this presentation has been prepared Southern Copper Corporation (SCC) and is general background information about SCC's activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in this presentation, including financial forecasts, should not be considered as advice or a recommendation to investors or prospective investors in relation to holding, purchasing or selli ...

Exhibit 99.1 Raul Jacob Victor Pedraglio Bertin Galarreta +(602) 264-1375 southerncopper@southernperu.com.pe www.southerncoppercorp.com July 28, 2025 Southern Copper Corporation (NYSE and BVL: SCCO) Molybdenum production registered an increase of 3.5% in 2Q25 compared to 2Q24 as the result of higher production at all our mines, with the exception of La Caridad mine (-0.5%). On a YTD basis, mined zinc production rose 52.9% and mined silver and molybdenum production were up 14.6% and 5.9%, respectively. ● 2Q2 ...

Company Performance - Southern Copper (SCCO) closed at $97.11, reflecting a -1.1% change from the previous day, underperforming the S&P 500's gain of 0.02% [1] - Prior to the latest trading session, shares of Southern Copper had declined by 4.21%, while the Basic Materials sector gained 4.33% and the S&P 500 increased by 4.93% [1] Earnings Expectations - Analysts anticipate Southern Copper to report earnings of $1.07 per share, indicating a year-over-year decline of 12.3% [2] - The consensus estimate for quarterly revenue is projected at $3.02 billion, down 3.25% from the same period last year [2] Full Year Projections - For the full year, earnings are expected to be $4.63 per share and revenue at $12.38 billion, representing increases of +6.93% and +8.24% respectively from the previous year [3] - Recent changes in analyst estimates are crucial as they reflect the evolving business trends and analysts' confidence in performance [3] Valuation Metrics - Southern Copper is currently trading at a Forward P/E ratio of 21.19, which is lower than the industry average Forward P/E of 21.81 [6] - The company has a PEG ratio of 2.52, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.81 [6] Industry Context - The Mining - Non Ferrous industry is part of the Basic Materials sector, holding a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, indicating that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [7]

Group 1 - Morgan Stanley downgraded Freeport-McMoRan (FCX.US) and Teck Resources (TECK.US) from "Overweight" to "Hold," with target prices set at $54 and $44 respectively [1] - The performance of copper stocks covered by Morgan Stanley has outpaced LME copper prices by 28 percentage points since April 8, making the risk/reward profile less attractive [1] - Analysts believe Freeport-McMoRan has upside potential due to its exposure to Comex copper and strong gold prospects, but the current risk/reward ratio appears unattractive with few short-term catalysts [1] Group 2 - Morgan Stanley downgraded Southern Copper (SCCO.US) from "Hold" to "Underweight," setting a target price of $99, citing that the stock's valuation seems high relative to historical averages and industry peers [2] - The firm also downgraded Nexa Resources (NEXA.US) from "Hold" to "Underweight," with a target price of $5, due to pessimistic expectations regarding zinc prices and operational issues affecting production targets [2]

Southern Copper (SCCO) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stoc ...