Southern Copper Corporation (SCCO)

Copper mines and smelters in Peru and Mexico. Read October 19, 2026 from the annual report for the period ending December 31, 2025, filed February 27, 2026. Ranked 41 of the 43 Basic Materials companies read so far, by the share within reach now.

The filing states 16,617 employees, 64.4% under collective agreements, at copper mines and the metallurgical complex in Peru and Mexico, with no count by operation.

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 12% now, 19% at the end of 2027, 23% at the end of 2028, 25% at the end of 2030. By the patterns, the work is about 25% desk work, 9% people work and 67% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 72% of the working time stays with people (conversation, in-person and hands-on work), 23% becomes checking a model's work and 4% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

16,617 employees as of December 31, 2025 (stated). Not stated; the operations the filing describes are in Peru and Mexico, with over 70% of the workforce hired locally.

The filing: “As of December 31, 2025, we had 16,617 employees, approximately 64.4% of whom are covered by a Collective Labor Agreement and represented by 16 collective bargaining agreements with ten different labor unions.”

The workforce as industry patterns

What the filing says about the workforce: 64.4% under a Collective Labor Agreement through 16 agreements with ten unions; about 12,400 contractors support operations, outside the count (rule 8); over 70% hired locally; 573,000 hours of formal instruction in 2025.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Metal Ore Mining, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Freeport-McMoRan Inc. (FCX, 29,000 employees)12% now, 22% by 2028
• Newmont Corporation (NEM, 17,500 employees)11% now, 22% by 2028

What the filing says about AI

5 sentences in the filing name AI. Five sentences: vendors' software and hardware increasingly include AI components, the company says it may find improvement opportunities by developing and applying AI in its business and operational processes, and a risk factor ties competitiveness to implementing new technologies including AI.

• “We have taken appropriate preventive measures to mitigate potential risks by implementing an information security management system that conducts frequent monitoring; which ensures the application of controls that are frequently reviewed and tested. ​ Given the unpredictability of the timing, nature and scope of information technology disruptions, we could potentially be subject to manipulation...”
• “For example, nowadays a major number of software, hardware, services and in general technological solutions vendors are including AI components for a very wide range of applications; and we may find improvement opportunities by developing and applying AI in several of our business and operational processes.”
• “Our ability to implement new technologies, including AI, may affect our competitiveness and, consequently, our results of operations.”
• “In addition, we may utilize AI and other new technologies in software provided by third parties to enhance our capabilities in producing copper, improving business processes and responding to threats to our technology platforms.”
• “The use of AI when lacking of a strategy and a governance model may increase our exposure to cybersecurity risks and additional risks relating to the protection of data. ​ ​ 23 Table of Contents Other risks ​ Global and local market conditions, including the high competitiveness in the copper mining industry, may adversely affect our profitability. ​ Our industry is cyclical in nature and fluct...”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20210median 0
• Fiscal 20220median 0
• Fiscal 20235median 1
• Fiscal 20246median 4
• Fiscal 20255median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• About 12,400 contractors support the operations and are outside the headcount under rule 8.
• No count by operation: the split between the mines and the smelter and refinery is by description (c).
• The patterns stand for work in Peru and Mexico under rule 7; the U.S. share is not stated.

Source: the company's annual report on EDGAR, accession 0001104659-26-021492, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.