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REVENUE: (Tables)

3 Months Ended

Mar. 31, 2021

Summary of company's sales by geographic wise and segment wise


		Three Months Ended March 31, 2021
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	453.4		$	66.6		$	—		$	(26.1)		$	493.9
United States			389.4			17.0			19.1			—			425.5
Peru			—			—			147.4			—			147.4
Brazil			—			2.0			97.0			—			99.0
Chile			1.9			—			56.1			—			58.0
Other American countries			10.3			0.7			1.8			—			12.8
Europe:
Switzerland			294.5			7.0			92.3			—			393.8
Italy			—			0.9			73.2			—			74.1
Spain			91.0			—			19.9			—			110.9
Other European countries			73.4			26.5			81.0			—			180.9
Asia:
Singapore			71.6			3.6			127.1			—			202.3
Japan			21.4			—			162.6			—			184.0
Other Asian countries			71.6			—			78.3			—			149.9
Total		$	1,478.5		$	124.3		$	955.8		$	(26.1)		$	2,532.5


		Three Months Ended March 31, 2020
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	363.6		$	99.2		$	—		$	(26.8)		$	436.0
United States			258.2			0.2			40.9			—			299.3
Peru			—			3.0			73.1			—			76.1
Brazil			—			3.5			54.5			—			58.0
Chile			1.9			—			48.2			—			50.1
Other American countries			8.3			0.9			0.2			—			9.4
Europe:
Switzerland			172.5			14.9			66.5			—			253.9
Italy			—			3.4			66.8			—			70.2
Spain			46.6			—			—			—			46.6
Other European countries			20.3			6.1			52.9			—			79.3
Asia:
Singapore			61.7			3.2			135.8			—			200.7
Japan			9.4			—			98.7			—			108.1
Other Asian countries			11.2			0.1			20.7			—			32.0
Total		$	953.7		$	134.5		$	658.3		$	(26.8)		$	1,719.7

The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three months ended March 31, 2021 and 2020 (in millions):


		Three Months Ended March 31, 2021
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	1,280.5		$	23.8		$	826.8		$	(13.7)		$	2,117.4
Molybdenum			91.1			—			78.5			—			169.6
Silver			72.7			48.5			29.5			(11.7)			139.0
Zinc			—			35.2			—			0.5			35.7
Other			34.2			16.8			21.0			(1.2)			70.8
Total		$	1,478.5		$	124.3		$	955.8		$	(26.1)		$	2,532.5


		Three Months Ended March 31, 2020
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	799.7		$	18.0		$	561.0		$	(12.9)		$	1,365.8
Molybdenum			72.0			—			54.1			—			126.1
Zinc			44.6			35.4			20.0			(11.9)			88.1
Silver			—			65.4			—			(0.5)			64.9
Other			37.4			15.7			23.2			(1.5)			74.8
Total		$	953.7		$	134.5		$	658.3		$	(26.8)		$	1,719.7

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			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated

As of March 31, 2021:
Trade receivables		$	657.7		$	42.7		$	531.8		$	—		$	1,232.2
Related parties, current			38.0			—			0.9			7.6			46.5

As of December 31, 2020:
Trade receivables		$	566.0		$	57.8		$	445.1		$	—		$	1,068.9
Related parties, current			15.4			—			0.8			7.1			23.3

Schedule long term contracts by products

As of March 31, 2021, the Company has long-term contracts with promises to deliver the following products in 2021:


Copper concentrates (in tons)		198,000
Copper cathodes (in tons)		48,000
Molybdenum concentrates (in tons)		41,414
Sulfuric acid (in tons)		485,236

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at March 31, 2021:


		Sales volume		Priced at
		(million lbs.)		(per pound)		Month of settlement
Copper		135.6		3.99		April 2021 through September 2021
Molybdenum		11.0		11.05		April 2021 through June 2021