Grupo México, S.A.B. de C.V. Reports Consolidated Operating Results for the Second Quarter and Six Months Ended June 30, 2019
July 22, 2019
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Grupo México, S.A.B. de C.V. reported consolidated operating results for the second quarter and six months ended June 30, 2019. For the quarter, the company’s copper production was 288,561 MT against 248,020 MT a year ago. Molybdenum production was 6,729 MT against 5,395 MT a year ago. Zinc production was 17,749 MT against 17,983 MT a year ago. Silver production was 3,062 Koz against 3,400 Koz a year ago. Gold production was 10,740 Oz against 12,841 Oz a year ago. Sulfuric Acid production was 690,674 MT against 648,394 MT a year ago.
For the six months, the company’s copper production was 549,889 MT against 479,676 MT a year ago. Molybdenum production was 11,874 MT against 10,570 MT a year ago. Zinc production was 36,299 MT against 35,719 MT a year ago. Silver production was 6,196 Koz against 6,550 Koz a year ago. Gold production was 23,140 Oz against 24,026 Oz a year ago. Sulfuric Acid production was 1,273,522 MT against 1,333,858 MT a year ago.
Grupo Mexico, S.A.B. de C.V. is a holding company. The Company's principal activities are in the mining-metallurgic industry, the exploration, exploitation and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The Company's business lines include Mining, Transportation and Infrastructure. Its Mining Division is represented by its subsidiary Americas Mining Corporation, whose subsidiaries are Southern Copper Corporation in Mexico and Peru, and Asarco in the United States. Its Transportation Division is represented by its subsidiaries Infraestructura y Transportes Mexico, S.A. de C.V. and Grupo Mexico Transportes S.A. de C.V. Its subsidiaries are Grupo Ferroviario Mexicano, S.A. de C.V., Ferrocarril Mexicano, S.A. de C.V., Ferrosur, S. A. de C. V., Intermodal Mexico, S.A. de C.V., and Texas Pacifico, LP, Inc. Its Infrastructure Division is represented by its subsidiary Mexico Proyectos y Desarrollos, S.A. de C.V.