XML 40 R28.htm IDEA: XBRL DOCUMENT
v3.22.2.2

RELATED PARTY TRANSACTIONS: (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
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 September 30, | ​ | At December 31, | ​
​ |  | 2022 |  | 2021 | ​
Related parties receivable current: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 6.9 | ​ | $ | 10.0 | ​
Americas Mining Corporation (“AMC”) | ​ | ​ | — | ​ | ​ | 0.1 | ​
AMMINCO Apoyo Administrativo, S.A. de C.V. (“AMMINCO”) | ​ |  | (*) | ​ |  | — | ​
Compania Perforadora Mexico S.A.P.I. de C.V. and affiliates | ​ |  | 0.3 | ​ |  | 0.3 | ​
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | (*) | ​ | ​ | — | ​
Mexico Generadora de Energia S. de R.L. ("MGE") | ​ | ​ | 40.3 | ​ | ​ | 38.4 | ​
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 | ​ | ​ | 0.1 | ​
Mexico Transportes Aereos, S.A. de C.V. ("Mextransport") | ​ | ​ | 0.2 | ​ | ​ | — | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | (*) | ​
​ | ​ | $ | 48.1 | ​ | $ | 49.1 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related parties payable: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
AMMINCO Apoyo Administrativo, S.A. de C.V. (“AMMINCO”) | ​ | $ | 8.7 | ​ | $ | 9.5 | ​
Asarco LLC | ​ | ​ | 32.5 | ​ | ​ | 14.9 | ​
Eolica El Retiro, S.A.P.I. de C.V. | ​ | ​ | 0.3 | ​ | ​ | 2.7 | ​
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 24.5 | ​ |  | 4.0 | ​
Grupo Mexico Servicios | ​ |  | 18.6 | ​ |  | 11.1 | ​
Grupo Mexico Servicios de Ingenieria, S.A. de C.V. | ​ | ​ | 2.0 | ​ | ​ | 0.9 | ​
MGE | ​ | ​ | 68.8 | ​ | ​ | 57.2 | ​
Mexico Compania Constructora S.A de C.V. | ​ | ​ | 5.0 | ​ | ​ | 2.0 | ​
Related to the controlling group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico, S.A. de C.V. | ​ |  | 0.3 | ​ |  | 0.3 | ​
Mextransport | ​ |  | 0.3 | ​ |  | 0.5 | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.2 | ​
​ | ​ | $ | 161.1 | ​ | $ | 103.3 | ​
(*) Less than $0.1 million.
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 nine-month periods ended September 30, 2022 and 2021 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 51.9 | ​ | $ | 23.0
AMMINCO | ​ | ​ | 6.7 | ​ | ​ | —
Controladora de Infraestructura Energetica S.A. de C.V | ​ | ​ | 0.8 | ​ | ​ | —
Eolica El Retiro, S.A.P.I. de C.V. | ​ |  | 2.5 | ​ |  | 6.2
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 32.5 | ​ |  | 33.1
Grupo Mexico Servicios | ​ | ​ | 15.1 | ​ | ​ | 21.9
Intermodal Mexico S.A. de C.V. | ​ | ​ | — | ​ | ​ | 0.5
MGE | ​ |  | 250.8 | ​ |  | 209.0
Mexico Proyectos y Desarrollos S.A. de C.V. and affiliates | ​ | ​ | 38.9 | ​ | ​ | 43.8
Peru Mining Exploration & Development Company | ​ |  | — | ​ |  | 0.4
Total purchases | ​ | $ | 399.2 | ​ | $ | 337.9
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 32.2 | ​ | $ | 22.8
AMMINCO | ​ | ​ | (*) | ​ | ​ | —
Grupo Mexico Servicios | ​ | ​ | — | ​ | ​ | 0.1
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | (*) | ​ |  | —
MGE | ​ | ​ | 133.6 | ​ | ​ | 92.3
Total sales | ​ | $ | 165.8 | ​ | $ | 115.2
(*) Less than $0.1 million.
Companies with relationship 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 nine months of 2022 and 2021 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.2 | ​ | $ | 0.2
Mextransport | ​ | ​ | 1.6 | ​ | ​ | 1.1
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1
Total purchases | ​ | $ | 1.9 | ​ | $ | 1.4
​ | ​ | ​ | ​ | ​ | ​ | ​
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.1 | ​ | $ | (*)
Mextransport | ​ | ​ | 1.4 | ​ | ​ | 1.4
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | (*)
Total sales | ​ | $ | 1.6 | ​ | $ | 1.4
(*) amount is lower than $0.1 million

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: | dtr-types: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: | dtr-types: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: |