SCCO Southern Copper received final government approval this week for its $1.8 billion Tia Maria copper project in Peru after years of delays. This green light to proceed with the highly anticipated mining operation signals significant future growth potential and a boost to overall copper production. The news strengthens investor confidence and could drive positive stock momentum as the project moves closer to its 2027 production target.Community discussions
SCCO Southern Copper received final government approval this week for its $1.8 billion Tia Maria copper project in Peru after years of delays. This green light to proceed with the highly anticipated mining operation signals significant future growth potential and a boost to overall copper production. The news strengthens investor confidence and could drive positive stock momentum as the project moves closer to its 2027 production target.SCCO Stable Production Outlook: Southern Copper (SCCO) expects to increase its copper production to 1.1 million tons in 2025. This growth, especially driven by rising demand in the electrification industry, positions the company well for future expansion.Strong Market Performance: SCCO has outperformed the market with a 20% return year-to-date in 2023, while the broader market has gained only 8%. This highlights its financial strength and resilience.
Long-Term Growth Potential: With the rising demand for copper in renewable energy and electric vehicle production, SCCO is well-positioned for sustained growth, offering investors significant opportunities in the coming years.
SCCO I have been long commons since $95... this is going to $140 Quickly! Let it ride...technicals are just as strong as fundamentals...this stock shook off the copper drop like it was nothing
Q2 SCCO earnings caught my attention! EPS came in above expectations, dividends are steady, and long-term growth projects are in motion 🚀
Still looks like a solid long-term play. What’s your view on SCCO? 📊
SCCO earnings caught my attention! EPS came in above expectations, dividends are steady, and long-term growth projects are in motion 🚀Still looks like a solid long-term play. What’s your view on SCCO? 📊
SCCO ⚡ Copper is literally the wiring of the future — EVs, solar, wind, you name it. SCCO’s position makes it one of the best long-term plays in the commodity space.
Waiting for a pullback...