| Summary of company's sales by geographic wise and segment wise |
The geographic breakdown of the Company’s sales is attributed to countries based on location of customer, and is summarized as follows (in millions): | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | | | | Mexican | | | | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate & | | | | | | Open-Pit | | Unit | | Operations | | Total | | Elimination | | Consolidated | The Americas: | | | | | | | | | | | | | | | | | | | Mexico | | $ | 725.2 | | | 135.9 | | | 0.2 | | $ | 861.3 | | $ | (48.2) | | $ | 813.1 | United States | | | 286.0 | | | — | | | 123.1 | | | 409.1 | | | — | | | 409.1 | Peru | | | — | | | 1.2 | | | 224.3 | | | 225.5 | | | (0.7) | | | 224.8 | Brazil | | | — | | | 7.3 | | | 130.1 | | | 137.3 | | | — | | | 137.3 | Chile | | | — | | | — | | | 109.6 | | | 109.6 | | | — | | | 109.6 | Other American countries | | | 11.6 | | | — | | | 2.0 | | | 13.5 | | | — | | | 13.5 | Europe: | | | | | | | | | | | | | | | | | | | Switzerland | | | 219.7 | | | 5.6 | | | 168.4 | | | 393.7 | | | — | | | 393.7 | Italy | | | — | | | 5.3 | | | 100.1 | | | 105.4 | | | — | | | 105.4 | Spain | | | 108.7 | | | — | | | 50.9 | | | 159.6 | | | — | | | 159.6 | Other European countries | | | 3.0 | | | 0.2 | | | 186.9 | | | 190.0 | | | — | | | 190.0 | Asia: | | | | | | | | | | | | | | | | | | | China | | | 279.7 | | | — | | | 3.9 | | | 283.6 | | | — | | | 283.6 | Singapore | | | 19.2 | | | — | | | 23.8 | | | 43.0 | | | — | | | 43.0 | Japan | | | 81.7 | | | — | | | 133.8 | | | 215.5 | | | — | | | 215.5 | Other Asian countries | | | 14.7 | | | — | | | 8.8 | | | 23.5 | | | — | | | 23.5 | Total | | $ | 1,749.4 | | $ | 155.5 | | $ | 1,266.0 | | $ | 3,170.8 | | $ | (48.9) | | $ | 3,121.9 |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2024 | | | | | | Mexican | | | | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate & | | | | | | Open-Pit | | Unit | | Operations | | Total | | Elimination | | Consolidated | The Americas: | | | | | | | | | | | | | | | | | | | Mexico | | $ | 591.3 | | $ | 106.2 | | $ | 7.9 | | $ | 705.3 | | $ | (33.0) | | $ | 672.3 | United States | | | 272.2 | | | 1.7 | | | 38.7 | | | 312.6 | | | | | | 312.6 | Peru | | | — | | | 8.4 | | | 165.9 | | | 174.3 | | | (8.3) | | | 166.1 | Brazil | | | — | | | 9.0 | | | 116.0 | | | 124.9 | | | | | | 124.9 | Chile | | | — | | | — | | | 94.4 | | | 94.4 | | | | | | 94.4 | Other American countries | | | 7.2 | | | — | | | 4.1 | | | 11.3 | | | | | | 11.3 | Europe: | | | | | | | | | | | | | | | | | | | Switzerland | | | 161.8 | | | 15.3 | | | 52.0 | | | 229.0 | | | | | | 229.0 | Italy | | | (*) | | | 6.0 | | | 75.3 | | | 81.3 | | | | | | 81.3 | Spain | | | 110.3 | | | — | | | 19.8 | | | 130.1 | | | | | | 130.1 | Other European countries | | | 58.6 | | | 1.4 | | | 106.9 | | | 166.8 | | | | | | 166.8 | Asia: | | | | | | | | | | | | | | | | | | | China | | | 175.6 | | | 1.1 | | | 109.7 | | | 286.4 | | | | | | 286.4 | Singapore | | | 17.7 | | | (2.6) | | | 42.3 | | | 57.3 | | | | | | 57.3 | Japan | | | 54.0 | | | — | | | 190.9 | | | 245.0 | | | | | | 245.0 | Other Asian countries | | | 17.4 | | | — | | | 4.7 | | | 22.1 | | | | | | 22.1 | Total | | $ | 1,466.0 | | $ | 146.4 | | $ | 1,028.7 | | $ | 2,641.1 | | $ | (41.3) | | $ | 2,599.8 |
(*) Less than $0.1 million. The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three-month periods ended March 31, 2025 and 2024 (in millions): | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | | | | Mexican | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate, Other & | | Total | | | Open-pit | | Unit | | Operations | | Total | | Eliminations | | Consolidated | Copper | | $ | 1,379.2 | | $ | 21.3 | | $ | 1,049.6 | | $ | 2,450.1 | | $ | (18.1) | | $ | 2,432.0 | Molybdenum | | | 164.4 | | | — | | | 136.1 | | | 300.5 | | | — | | | 300.5 | Silver | | | 100.3 | | | 49.5 | | | 49.4 | | | 199.3 | | | (22.6) | | | 176.6 | Zinc | | | 51.5 | | | 67.4 | | | — | | | 118.9 | | | (7.5) | | | 111.4 | Other | | | 53.9 | | | 17.2 | | | 30.9 | | | 102.0 | | | (0.7) | | | 101.4 | Total | | $ | 1,749.4 | | $ | 155.5 | | $ | 1,266.0 | | $ | 3,170.8 | | $ | (48.9) | | $ | 3,121.9 |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2024 | | | | | Mexican | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate, Other & | | Total | | | Open-pit | | Unit | | Operations | | Total | | Eliminations | | Consolidated | Copper | | $ | 1,206.2 | | $ | 27.5 | | $ | 829.0 | | $ | 2,062.7 | | $ | (19.0) | | $ | 2,043.7 | Molybdenum | | | 144.6 | | | — | | | 129.0 | | | 273.6 | | | — | | | 273.6 | Silver | | | 66.7 | | | 35.5 | | | 31.1 | | | 133.3 | | | (21.7) | | | 111.6 | Zinc | | | 4.3 | | | 65.2 | | | — | | | 69.5 | | | 0.6 | | | 70.1 | Other | | | 44.2 | | | 18.2 | | | 39.6 | | | 102.0 | | | (1.2) | | | 100.8 | Total | | $ | 1,466.0 | | $ | 146.4 | | $ | 1,028.7 | | $ | 2,641.1 | | $ | (41.3) | | $ | 2,599.8 |
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| Schedule of opening and closing balances of receivables by reporting segment |
The opening and closing balances of receivables by reporting segment of the Company were as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | Mexican | | | | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate & | | | | | | Open-Pit | | Unit | | Operations | | Total | | Elimination | | Consolidated | | | | | | | | | | | | | | | | | | | | As of March 31, 2025: | | | | | | | | | | | | | | | | | | | Trade receivables | | $ | 930.7 | | $ | 54.2 | | $ | 563.2 | | $ | 1,548.1 | | $ | — | | $ | 1,548.1 | Related parties, current | | | 28.2 | | | 16.4 | | | 0.1 | | | 44.7 | | | (29.7) | | | 15.0 | | | | | | | | | | | | | | | | | | | | As of December 31, 2024: | | | | | | | | | | | | | | | | | | | Trade receivables | | $ | 623.0 | | $ | 59.7 | | $ | 506.9 | | $ | 1,189.6 | | $ | — | | $ | 1,189.6 | Related parties, current | | | 39.7 | | | 25.1 | | | 1.3 | | | 66.2 | | | (52.7) | | | 13.5 |
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| Schedule long term contracts by products |
As of March 31, 2025, the Company has long-term contracts with promises to deliver the following products in 2025: | | | Copper concentrates (in tonnes) | | 212,500 | Copper cathodes (in tonnes) | | 48,000 | Molybdenum concentrates (in tonnes) | | 21,250 | Sulfuric acid (in tonnes) | | 365,000 |
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