| 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 June 30, 2026 | | | | | Mexican | | | | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate & | | | | | | Open-Pit | | Unit | | Operations | | Total | | Elimination | | Consolidated | The Americas: | | | | | | | | | | | | | | | | | | | Mexico | | $ | 1,010.6 | | $ | 206.0 | | $ | — | | $ | 1,216.5 | | $ | (75.4) | | $ | 1,141.2 | United States | | | 269.0 | | | 4.0 | | | 306.4 | | | 579.4 | | | — | | | 579.4 | Peru | | | — | | | — | | | 340.9 | | | 340.9 | | | — | | | 340.9 | Brazil | | | — | | | 5.6 | | | 185.1 | | | 190.7 | | | — | | | 190.7 | Chile | | | — | | | — | | | 174.5 | | | 174.5 | | | — | | | 174.5 | Other American countries | | | 15.6 | | | — | | | 14.7 | | | 30.3 | | | — | | | 30.3 | Europe: | | | | | | | | | | | | | | | | | | | Switzerland | | | 255.5 | | | 36.4 | | | 141.5 | | | 433.4 | | | — | | | 433.4 | Italy | | | — | | | 2.9 | | | 158.5 | | | 161.4 | | | — | | | 161.4 | Spain | | | 210.6 | | | — | | | 40.9 | | | 251.5 | | | — | | | 251.5 | Other European countries | | | 201.9 | | | 13.0 | | | 79.8 | | | 294.7 | | | — | | | 294.7 | Asia: | | | | | | | | | | | | | | | | | | | China | | | 302.2 | | | — | | | 12.6 | | | 314.7 | | | — | | | 314.7 | Singapore | | | (0.2) | | | — | | | 4.5 | | | 4.3 | | | — | | | 4.3 | Japan | | | 218.7 | | | — | | | 114.8 | | | 333.5 | | | — | | | 333.5 | Other Asian countries | | | 28.2 | | | — | | | 10.2 | | | 38.5 | | | — | | | 38.5 | Total | | $ | 2,511.9 | | $ | 267.9 | | $ | 1,584.4 | | $ | 4,364.3 | | $ | (75.4) | | $ | 4,289.0 |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | | | | Mexican | | | | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate & | | | | | | Open-Pit | | Unit | | Operations | | Total | | Elimination | | Consolidated | The Americas: | | | | | | | | | | | | | | | | | | | Mexico | | $ | 1,945.2 | | $ | 444.5 | | $ | — | | $ | 2,389.8 | | $ | (167.3) | | $ | 2,222.4 | United States | | | 560.4 | | | 8.2 | | | 595.6 | | | 1,164.1 | | | — | | | 1,164.1 | Peru | | | — | | | — | | | 633.4 | | | 633.4 | | | — | | | 633.4 | Brazil | | | — | | | 15.1 | | | 397.5 | | | 412.6 | | | — | | | 412.6 | Chile | | | — | | | — | | | 355.8 | | | 355.8 | | | — | | | 355.8 | Other American countries | | | 31.3 | | | — | | | 19.8 | | | 51.1 | | | — | | | 51.1 | Europe: | | | | | | | | | | | | | | | | | | | Switzerland | | | 507.5 | | | 78.5 | | | 319.6 | | | 905.7 | | | — | | | 905.7 | Italy | | | — | | | 8.7 | | | 281.2 | | | 290.0 | | | — | | | 290.0 | Spain | | | 374.4 | | | — | | | 81.7 | | | 456.1 | | | — | | | 456.1 | Other European countries | | | 489.2 | | | 31.5 | | | 204.6 | | | 725.2 | | | — | | | 725.2 | Asia: | | | | | | | | | | | | | | | | | | | China | | | 611.6 | | | — | | | 33.8 | | | 645.4 | | | — | | | 645.4 | Singapore | | | 30.6 | | | — | | | 6.6 | | | 37.2 | | | — | | | 37.2 | Japan | | | 334.8 | | | — | | | 217.0 | | | 551.8 | | | — | | | 551.8 | Other Asian countries | | | 70.6 | | | — | | | 19.1 | | | 89.7 | | | — | | | 89.7 | Total | | $ | 4,955.5 | | $ | 586.5 | | $ | 3,165.8 | | $ | 8,707.7 | | $ | (167.3) | | $ | 8,540.4 |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | | | | Mexican | | | | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate & | | | | | | Open-Pit | | Unit | | Operations | | Total | | Elimination | | Consolidated | The Americas: | | | | | | | | | | | | | | | | | | | Mexico | | $ | 714.7 | | $ | 151.1 | | $ | — | | $ | 865.7 | | $ | (61.0) | | $ | 804.7 | United States | | | 277.6 | | | 0.2 | | | 78.2 | | | 356.0 | | | — | | | 356.0 | Peru | | | — | | | (0.2) | | | 213.4 | | | 213.2 | | | (0.2) | | | 212.9 | Brazil | | | — | | | 8.3 | | | 153.9 | | | 162.1 | | | — | | | 162.1 | Chile | | | — | | | — | | | 132.1 | | | 132.1 | | | — | | | 132.1 | Other American countries | | | 10.8 | | | — | | | 8.0 | | | 18.8 | | | — | | | 18.8 | Europe: | | | | | | | | | | | | | | | | | | | Switzerland | | | 221.6 | | | 15.1 | | | 187.5 | | | 424.2 | | | — | | | 424.2 | Italy | | | — | | | 3.8 | | | 109.0 | | | 112.8 | | | — | | | 112.8 | Spain | | | 136.6 | | | — | | | 26.5 | | | 163.1 | | | — | | | 163.1 | Other European countries | | | 0.7 | | | 1.1 | | | 79.9 | | | 81.7 | | | — | | | 81.7 | Asia: | | | | | | | | | | | | | | | | | | | China | | | 225.2 | | | — | | | 7.6 | | | 232.8 | | | — | | | 232.8 | Singapore | | | 22.5 | | | — | | | 25.7 | | | 48.2 | | | — | | | 48.2 | Japan | | | 125.5 | | | — | | | 146.4 | | | 272.0 | | | — | | | 272.0 | Other Asian countries | | | 19.5 | | | — | | | 10.1 | | | 29.6 | | | — | | | 29.6 | Total | | $ | 1,754.8 | | $ | 179.3 | | $ | 1,178.2 | | $ | 3,112.3 | | $ | (61.3) | | $ | 3,051.0 |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | | | | | Mexican | | | | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate & | | | | | | Open-Pit | | Unit | | Operations | | Total | | Elimination | | Consolidated | The Americas: | | | | | | | | | | | | | | | | | | | Mexico | | $ | 1,439.9 | | $ | 287.0 | | $ | 0.2 | | $ | 1,727.1 | | $ | (109.3) | | $ | 1,617.8 | United States | | | 563.6 | | | 0.2 | | | 201.3 | | | 765.1 | | | — | | | 765.1 | Peru | | | — | | | 1.0 | | | 437.8 | | | 438.7 | | | (0.9) | | | 437.8 | Brazil | | | — | | | 15.5 | | | 283.9 | | | 299.5 | | | — | | | 299.5 | Chile | | | — | | | — | | | 241.7 | | | 241.7 | | | — | | | 241.7 | Other American countries | | | 22.4 | | | — | | | 10.0 | | | 32.4 | | | — | | | 32.4 | Europe: | | | | | | | | | | | | | | | | | | | Switzerland | | | 441.3 | | | 20.7 | | | 355.9 | | | 817.9 | | | — | | | 817.9 | Italy | | | — | | | 9.1 | | | 209.1 | | | 218.2 | | | — | | | 218.2 | Spain | | | 245.3 | | | — | | | 77.5 | | | 322.8 | | | — | | | 322.8 | Other European countries | | | 3.7 | | | 1.2 | | | 266.7 | | | 271.7 | | | — | | | 271.7 | Asia: | | | | | | | | | | | | | | | | | | | China | | | 504.9 | | | — | | | 11.5 | | | 516.4 | | | | | | 516.4 | Singapore | | | 41.7 | | | — | | | 49.5 | | | 91.2 | | | — | | | 91.2 | Japan | | | 207.2 | | | — | | | 280.3 | | | 487.5 | | | — | | | 487.5 | Other Asian countries | | | 34.2 | | | — | | | 19.0 | | | 53.1 | | | — | | | 53.1 | Total | | $ | 3,504.2 | | $ | 334.7 | | $ | 2,444.2 | | $ | 6,283.1 | | $ | (110.2) | | $ | 6,172.9 |
The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three-month and six-month periods ended June 30, 2026 and 2025 (in millions): | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | | | | Mexican | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate, Other & | | Total | | | Open-pit | | Unit | | Operations | | Total | | Eliminations | | Consolidated | Copper | | $ | 1,859.4 | | $ | 49.2 | | $ | 1,235.6 | | $ | 3,144.2 | | $ | (27.3) | | $ | 3,116.8 | Molybdenum | | | 266.3 | | | — | | | 209.5 | | | 475.8 | | | — | | | 475.8 | Silver | | | 214.2 | | | 117.0 | | | 87.3 | | | 418.4 | | | (42.6) | | | 375.8 | Zinc | | | 76.3 | | | 79.5 | | | — | | | 155.8 | | | (3.6) | | | 152.2 | Other | | | 95.8 | | | 22.3 | | | 52.0 | | | 170.1 | | | (1.8) | | | 168.3 | Total | | $ | 2,511.9 | | $ | 267.9 | | $ | 1,584.4 | | $ | 4,364.3 | | $ | (75.4) | | $ | 4,289.0 |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | | | | Mexican | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate, Other & | | Total | | | Open-pit | | Unit | | Operations | | Total | | Eliminations | | Consolidated | Copper | | $ | 3,612.1 | | $ | 91.6 | | $ | 2,449.1 | | $ | 6,152.8 | | $ | (53.4) | | $ | 6,099.4 | Molybdenum | | | 496.3 | | | — | | | 425.0 | | | 921.3 | | | — | | | 921.3 | Silver | | | 535.6 | | | 281.6 | | | 190.0 | | | 1,007.2 | | | (99.9) | | | 907.3 | Zinc | | | 141.0 | | | 166.8 | | | — | | | 307.8 | | | (10.6) | | | 297.2 | Other | | | 170.5 | | | 46.4 | | | 101.6 | | | 318.5 | | | (3.4) | | | 315.1 | Total | | $ | 4,955.5 | | $ | 586.5 | | $ | 3,165.8 | | $ | 8,707.7 | | $ | (167.3) | | $ | 8,540.4 |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | | | Mexican | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate, Other & | | Total | | | Open-pit | | Unit | | Operations | | Total | | Eliminations | | Consolidated | Copper | | $ | 1,319.0 | | $ | 36.3 | | $ | 925.7 | | $ | 2,281.0 | | $ | (21.5) | | $ | 2,259.5 | Molybdenum | | | 192.2 | | | — | | | 162.4 | | | 354.7 | | | — | | | 354.7 | Silver | | | 115.6 | | | 60.6 | | | 50.6 | | | 226.8 | | | (24.9) | | | 201.9 | Zinc | | | 74.5 | | | 62.3 | | | — | | | 136.8 | | | (13.7) | | | 123.1 | Other | | | 53.4 | | | 20.1 | | | 39.5 | | | 113.0 | | | (1.1) | | | 111.9 | Total | | $ | 1,754.8 | | $ | 179.3 | | $ | 1,178.2 | | $ | 3,112.3 | | $ | (61.3) | | $ | 3,051.0 |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | | | | Mexican | | | | | | | | | | | | Mexican | | IMMSA | | Peruvian | | Segment | | Corporate, Other & | | Total | | | Open-pit | | Unit | | Operations | | Total | | Eliminations | | Consolidated | Copper | | $ | 2,698.3 | | $ | 57.6 | | $ | 1,975.2 | | $ | 4,731.2 | | $ | (39.7) | | $ | 4,691.5 | Molybdenum | | | 356.6 | | | — | | | 298.6 | | | 655.2 | | | — | | | 655.2 | Silver | | | 215.9 | | | 110.1 | | | 100.0 | | | 426.0 | | | (47.6) | | | 378.5 | Zinc | | | 126.0 | | | 129.7 | | | — | | | 255.7 | | | (21.2) | | | 234.5 | Other | | | 107.4 | | | 37.3 | | | 70.4 | | | 215.1 | | | (1.8) | | | 213.3 | Total | | $ | 3,504.2 | | $ | 334.7 | | $ | 2,444.2 | | $ | 6,283.1 | | $ | (110.2) | | $ | 6,172.9 |
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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 June 30, 2026: | | | | | | | | | | | | | | | | | | | Trade receivables | | $ | 1,194.6 | | $ | 97.8 | | $ | 703.4 | | $ | 1,995.7 | | $ | — | | $ | 1,995.7 | Related parties, current | | | 23.6 | | | 23.1 | | | 1.5 | | | 48.1 | | | (37.2) | | | 10.9 | | | | | | | | | | | | | | | | | | | | As of December 31, 2025: | | | | | | | | | | | | | | | | | | | Trade receivables | | $ | 1,149.9 | | $ | 91.9 | | $ | 709.5 | | $ | 1,951.2 | | $ | — | | $ | 1,951.2 | Related parties, current | | | 47.9 | | | 52.6 | | | 0.1 | | | 100.6 | | | (84.3) | | | 16.2 |
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