Southern Copper (SCCO) to Gain From Higher Production & Prices
SCC(SCCO) zacks.com·2024-05-23 01:16
Southern Copper Corporation (SCCO) is positioned for growth, supported by its industry-leading copper reserves and expansion projects. The recent pickup in copper and silver prices is expected to boost the company's results.Upbeat Production OutlookSouthern Copper expects to produce 948,800 tons of copper in 2024, which indicates a 41% year-over-year improvement. The Pilares project began full operations in 2023, and the company started ramping up production at the Buenavista zinc concentrator. These projec ...