XML 66 R45.htm IDEA: XBRL DOCUMENT
v3.20.4

RELATED PARTY TRANSACTIONS: (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
RELATED PARTY TRANSACTIONS: |
Schedule of receivable and payable balances with related parties | Receivable and payable balances with related parties are shown below (in millions): ​
​ | ​ | ​ | ​ | ​ | ​
​ | At December 31,
​ | 2020 |  | 2019
Related parties receivable current: | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​
Asarco LLC | $ | 5.3 | ​ | $ | 10.8
AMMINCO Apoyo Administrativo, S.A. de C.V. (“AMMINCO”) |  | — | ​ |  | 0.1
Compania Perforadora Mexico S.A.P.I. de C.V. and affiliates |  | 0.3 | ​ |  | 0.3
Grupo Mexico |  | 2.7 | ​ |  | 2.7
Mexico Generadora de Energia S. de R.L. ("MGE") | ​ | 14.4 | ​ | ​ | 15.3
Grupo Mexico Servicios de Ingenieria, S.A. de C.V. | ​ | 0.2 | ​ | ​ | 0.2
Related to the controlling group: | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | 0.2 | ​ | ​ | 0.1
Mexico Transportes Aereos, S.A. de C.V. ("Mextransport") | ​ | — | ​ | ​ | 0.4
Operadora de Cinemas S.A. de C.V. | ​ | 0.2 | ​ | ​ | 0.1
​ | $ | 23.3 | ​ | $ | 30.0
​ | ​ | ​ | ​ | ​ | ​
Related parties receivable non-current: | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​
Asarco LLC | $ | — | ​ | ​ | 59.5
​ | ​ | ​ | ​ | ​ | ​
Related parties payable: | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​
Asarco LLC | $ | 13.9 | ​ | $ | 4.3
AMMINCO | ​ | 19.6 | ​ | ​ | 16.9
Eolica El Retiro, S.A.P.I. de C.V. |  | 0.3 | ​ |  | —
Ferrocarril Mexicano S.A. de C.V. |  | 4.7 | ​ |  | 6.4
Grupo Mexico |  | 0.9 | ​ |  | 1.1
MGE | ​ | 40.8 | ​ | ​ | 40.2
Mexico Compania Constructora S.A de C.V. | ​ | 22.9 | ​ | ​ | 16.0
Grupo Mexico Servicios de Ingenieria, S.A. de C.V. | ​ | 0.7 | ​ | ​ | —
Related to the controlling group: | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. |  | 0.3 | ​ |  | 0.2
Mexico Transportes Aereos S.A. de C.V. (“Mextransport”) |  | 0.1 | ​ |  | 1.2
Operadora de Cinemas S.A. de C.V. | ​ | 0.1 | ​ | ​ | 0.1
​ | $ | 104.3 | ​ | $ | 86.4
​
Grupo Mexico and affiliates |
RELATED PARTY TRANSACTIONS: |
Schedule of purchase and sales activities with related parties | The following table summarizes the purchase and sale activities with Grupo Mexico and its affiliates in 2020, 2019 and 2018 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2020 |  | 2019 |  | 2018
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 233.9 | ​ | $ | 37.6 | ​ | $ | 37.2
AMMINCO | ​ | ​ | 18.6 | ​ | ​ | 17.8 | ​ | ​ | 8.0
Eolica El Retiro, S.A.P.I. de C.V. | ​ |  | 1.0 | ​ |  | 2.9 | ​ |  | 3.6
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 45.8 | ​ |  | 44.1 | ​ |  | 41.7
Grupo Mexico | ​ | ​ | 10.0 | ​ | ​ | 10.0 | ​ | ​ | 10.1
MGE | ​ |  | 213.3 | ​ |  | 202.2 | ​ |  | 200.1
Mexico Compania Constructora S.A de C.V. | ​ | ​ | 42.6 | ​ | ​ | 60.3 | ​ | ​ | 72.9
Grupo Mexico Servicios de Ingenieria, S.A. de C.V. | ​ | ​ | 11.1 | ​ | ​ | 10.7 | ​ | ​ | 6.9
Total purchases | ​ | $ | 576.3 | ​ | $ | 385.6 | ​ | $ | 380.5
Sales activity | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 77.9 | ​ | $ | 11.3 | ​ | $ | 81.8
AMMINCO | ​ | ​ | 0.1 | ​ | ​ | 0.1 | ​ | ​ | 0.3
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | — | ​ |  | 0.1 | ​ |  | —
MGE | ​ | ​ | 54.9 | ​ | ​ | 47.4 | ​ | ​ | 68.2
Total sales | ​ | $ | 132.9 | ​ | $ | 58.9 | ​ | $ | 150.3
​
Related to the controlling group |
RELATED PARTY TRANSACTIONS: |
Schedule of purchase and sales activities with related parties | The following table summarizes the purchase and sales activities with other Larrea family companies in 2020, 2019 and 2018 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2020 |  | 2019 |  | 2018
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.4 | ​ | $ | 0.4 | ​ | $ | 0.3
Mextransport | ​ | ​ | 3.5 | ​ | ​ | 2.3 | ​ | ​ | 12.4
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.2 | ​ | ​ | 0.2 | ​ | ​ | 0.2
Total purchases | ​ | $ | 4.1 | ​ | $ | 2.9 | ​ | $ | 12.9
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Sales activity | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.1 | ​ | $ | 0.1 | ​ | $ | 0.2
Empresarios Industriales de Mexico, S.A. de C.V. | ​ | ​ | — | ​ | ​ | 0.2 | ​ | ​ | —
Mextransport | ​ | ​ | 1.7 | ​ | ​ | 1.8 | ​ | ​ | 1.2
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1 | ​ | ​ | 0.1
Total sales | ​ | $ | 1.9 | ​ | $ | 2.2 | ​ | $ | 1.5
​

X
- Definition Tabular disclosure of balances receivable from and payable to related parties. + References No definition available. + Details
Name: | scco_ScheduleOfRelatedPartyTransactionsAccountsReceivableAndAccountsPayableByRelatedPartyTableTextBlock
Namespace Prefix: | scco_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=scco_GrupoMexicoSABDeCVMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=scco_OtherLarreaFamilyCompaniesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |