Basic Materials: Southern Copper

Ticker Symbol: PCU

Southern Copper Website

About the company

Headquartered in Phoenix, Arizona, the Southern Copper Corporation (PCU) was incorporated in 1952 and is majority owned by Grupo Mexico. They primarily produce copper for use in the electronics and construction industries, although their product line also contains various types of metals including molybdenum, silver, gold, and zinc. Southern Copper owns several mines in Mexico and Peru allowing them to mine, smelt and refine the metals they are generating.

Southern Copper Competitors:

• Tier 1 Competitors: Freeport-McMoRan Copper & Gold Inc. (FCX), Sterlite Industries India Ltd. (SLT), Ivanhoe Mines (IVN)
• Tier 2 Competitors: Taseko Mines Ltd (TGB), Madeco S. A. (MAD).

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