SCCO — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-10-30

• Molybdenum production decreased 2.2% in the third quarter of 2026 compared to the same period in 2025. This decline was driven by lower production at Buenavista (-8.3%) and La Caridad (-12.5%), which was pressured downward mainly by lower ore grades. These declines were partially offset by higher pr…

• Zinc production decreased 7.2% in the nine-month period of 2026 compared to the figure for the same period in 2025. This decline was primarily attributable to lower production at both our Buenavista zinc concentrator (-10.1%) and IMMSA operations (-1.7%).

• We are subject to market risks arising from the volatility of copper and other metal prices. For the remaining three months of 2026, assuming that expected metal production and sales are achieved; tax rates remain unchanged and giving no effects relative to potential cost changes, metal price sensit…

• Project update: As of September 30, 2026, the Company has invested $884.3 million in project execution and committed $1,101 million to cover diverse activities, acquisitions and related contracts. Large-scale earthworks have concluded, and 18.9 million metric tonnes of material have been transferred…

• On the energy supply front, work is advancing at the main electrical sub-stations, and the 220 kV transmission line is in its final stage of construction. In parallel, large-scale earthworks to develop dry and wet areas have been completed. At the project’s main installations, civil work is advancin…

Text removed vs the prior filing · source: 10-Q · 2026-07-31

• Molybdenum production decreased 11.0% in the second quarter of 2026 compared to the same period in 2025. This decline was driven by lower production at all of our operations, Toquepala (-21.9%), Cuajone (-1.4%), Buenavista (-12.4%), and La Caridad (-3.5%), primarily due to lower ore grades.

• Zinc production decreased by 6.9% in the first half of 2026. This decline was primarily attributable to lower production at our Buenavista zinc concentrator (-11.1%), which was partially offset by higher production at our IMMSA (+1.4%) operations.

• We are subject to market risks arising from the volatility of copper and other metal prices. For the remaining six months of 2026, assuming that expected metal production and sales are achieved; tax rates remain unchanged and giving no

• effects relative to potential cost changes, metal price sensitivity factors would indicate the following change in estimated net income attributable to SCC resulting from metal price changes:

• Project update: As of June 30, 2026, the Company has committed $1,101 million across various project activities, of which $693 million has already been invested. Mass earthworks have moved 13.85 million tonnes of material from La

Text added vs the prior filing · source: 10-Q · 2026-10-30

• Our business depends upon information technology systems that may be adversely affected by disruptions, damage, cyber-attacks, failure and risks associated with implementation and integration.

• Our operations depend upon information technology systems that may be subject to disruption, damage or failure from different sources, including, without limitation, the installation of malicious software, security breaches, cyber attacks and defects in design. In recent years, cybersecurity inciden…

• We have implemented measures for managing and treating potential risks through an information security management system that conducts ongoing monitoring, and ensures the application of controls that are frequently reviewed and tested (as described in Form 10-K, Item 1-C, Cybersecurity).

• Given the unpredictability of the timing, nature and scope of information technology disruptions, we could potentially be subject to manipulation or improper use of our systems and networks, operational delays, situations that compromise

• confidential or otherwise protected information, destruction or corruption of data, security breaches, reputational damage and erosion of stakeholder trust, or financial losses from remedial actions, any of which could have a material adverse effect on the cash flows, competitive position, business …