XML 39 R26.htm IDEA: XBRL DOCUMENT
v3.21.2

RELATED PARTY TRANSACTIONS: (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
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 June 30, | ​ | At December 31, | ​
​ |  | 2021 |  | 2020 | ​
Related parties receivable current: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 6.4 | ​ | $ | 5.3 | ​
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") | ​ | ​ | 17.6 | ​ | ​ | 14.4 | ​
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. | ​ | ​ | 0.1 | ​ | ​ | 0.2 | ​
Mexico Transportes Aereos, S.A. de C.V. ("Mextransport") | ​ | ​ | 0.3 | ​ | ​ | — | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | — | ​ | ​ | 0.2 | ​
​ | ​ | $ | 27.6 | ​ | $ | 23.3 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related parties payable: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 12.5 | ​ | $ | 13.9 | ​
Eolica El Retiro, S.A.P.I. de C.V. | ​ |  | 0.3 | ​ |  | 0.3 | ​
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 2.7 | ​ |  | 4.7 | ​
Grupo Mexico | ​ |  | — | ​ |  | 0.9 | ​
Grupo Mexico Servicios | ​ | ​ | 10.2 | ​ | ​ | 19.6 | ​
Grupo Mexico Servicios de Ingenieria, S.A. de C.V. | ​ | ​ | 1.2 | ​ | ​ | 0.7 | ​
MGE | ​ | ​ | 45.0 | ​ | ​ | 40.8 | ​
Mexico Compania Constructora S.A de C.V. | ​ | ​ | 17.4 | ​ | ​ | 22.9 | ​
Related to the controlling group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico, S.A. de C.V. | ​ |  | 0.2 | ​ |  | 0.3 | ​
Mexico Transportes Aereos, S.A. de C.V. (“Mextransport”) | ​ |  | 0.3 | ​ |  | 0.1 | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1 | ​
​ | ​ | $ | 89.9 | ​ | $ | 104.3 | ​
​
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 the first six months of 2021 and 2020 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 10.2 | ​ | $ | 168.4
Eolica El Retiro, S.A.P.I. de C.V. | ​ |  | 0.6 | ​ |  | 0.5
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 21.6 | ​ |  | 22.2
Grupo Mexico | ​ | ​ | — | ​ | ​ | 5.0
Grupo Mexico Servicios | ​ | ​ | 14.3 | ​ | ​ | 8.9
Intermodal Mexico S.A. de C.V. | ​ | ​ | 0.5 | ​ | ​ | —
MGE | ​ |  | 140.9 | ​ |  | 105.2
Mexico Proyectos y Desarrollos S.A. de C.V. and affiliates | ​ |  | 31.4 | ​ |  | 25.8
Peru Mining Exploration & Development Company | ​ | ​ | 0.4 | ​ | ​ | —
Total purchases | ​ | $ | 219.9 | ​ | $ | 336.0
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 14.7 | ​ | $ | 11.0
MGE | ​ | ​ | 61.1 | ​ | ​ | 21.2
Total sales | ​ | $ | 75.8 | ​ | $ | 32.2
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 the first six months of 2021 and 2020 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.2 | ​ | $ | 0.2
Mextransport | ​ | ​ | 0.7 | ​ | ​ | 2.3
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1
Total purchases | ​ | $ | 1.0 | ​ | $ | 2.6
​ | ​ | ​ | ​ | ​ | ​ | ​
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | (*) | ​ | $ | 0.1
Mextransport | ​ | ​ | 0.9 | ​ | ​ | 0.8
Operadora de Cinemas S.A. de C.V. | ​ | ​ | (*) | ​ | ​ | 0.1
Total sales | ​ | $ | 0.9 | ​ | $ | 1.0

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: |