Company Industrias Peñoles, S.A.B. de C.V.

PE&OLES *

MXP554091415

Diversified Mining

End-of-day quote Mexican S.E. Other stock markets 05/12/2025			5-day change	1st Jan Change
787.58 ^MXN	-0.72%		+1.92%	+195.86%

10-28	Industrias Peñoles, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI
10-21	LatAm stocks retreat after rally, FX falters; Colombia, Argentina watched	RE

Business description: Industrias Peñoles, S.A.B. de C.V.

Industrias Penoles SAB de CV is a Mexico-based company engaged in the mining industry. The Company's activities are divided into four business segments: Precious metals, Base metals, Metallurgical and Others. The Precious metals division is responsible for the extraction and processing of silver and gold concentrates. The Base metals area focuses on mineral exploration, extraction and processing of zinc, lead and copper concentrates. The Metallurgical segment provides treating and refining of precious and base metals concentrates. The Others division includes production and sale of chemical products, mainly sodium sulfate, operation of water treatment and rail transportation concessions, as well as administrative and operating support activities. It operates through a range of subsidiaries, such as Minas Penoles SA de CV and Quimica Magna SA de CV. The Company is a part of BAL Group.

Number of employees: 15,431

Sales by Activity: Industrias Peñoles, S.A.B. de C.V.

Fiscal Period: December	2020	2021	2022	2023	2024
Metallurgical	4.22B	5.36B	4.96B	5.21B	5.93B
Mines of Precious Metals	2.43B	2.7B	2.43B	2.71B	3.5B
Mines of Base Metals	994M	1.36B	1.12B	1.07B	1.16B
Other Items	526M	543M	523M	536M	646M
Eliminations and Reclassifications	-3.5B	-3.99B	-3.51B	-3.6B	-4.58B

See all business segments

Geographical breakdown of sales: Industrias Peñoles, S.A.B. de C.V.

Fiscal Period: December	2020	2021	2022	2023	2024
United States of America	2.35B	2.55B	2.24B	2.41B	2.52B
Mexico	629M	953M	1.14B	1.25B	1.42B
Europe	629M	674M	806M	1.04B	1.22B
Canada	583M	1B	614M	673M	730M
Asia	430M	713M	681M	525M	706M
South America	40.49M	58.05M	31.71M	25.06M	49.22M
Other	13.77M	19.62M	15.44M	3.42M	4.79M

See all geographic segments

Executive Committee: Industrias Peñoles, S.A.B. de C.V.

Manager	Title	Age	Since
Rafael Rebollar González CEO	Chief Executive Officer	-	31/12/2020
Mauricio García Torres DFI	Director of Finance/CFO	-	31/12/1999
Pablo Alvarado Vargas CTO	Chief Tech/Sci/R&D Officer	-	29/02/1980
Martín Arreola Coronel ADM	Chief Administrative Officer	-	-
Alexander Gutierrez Palma CTO	Chief Tech/Sci/R&D Officer	-	-

See INDUSTRIAS PEÑOLES, S.A.B. DE C.V. governance

Composition of the Board of Directors: Industrias Peñoles, S.A.B. de C.V.

Director	Title	Age	Since
Jaime Lomelín Guillén BRD	Director/Board Member	89	31/12/2011
Juan Bordes Aznar BRD	Director/Board Member	77	31/12/1989
Fernando Senderos Mestre BRD	Director/Board Member	75	31/12/1987
Arturo Manuel Fernández Pérez BRD	Director/Board Member	71	31/12/1992
Alejandro Baillères Gual CHM	Chairman	65	31/12/1988
Raúl Baillères Gual BRD	Director/Board Member	-	31/12/1982
José Antonio Fernández Carbajal BRD	Director/Board Member	71	31/12/2000
Juan Pablo Baillères Gual BRD	Director/Board Member	-	31/12/2004
Juan Francisco Beckmann Vidal BRD	Director/Board Member	-	31/12/2008
José Octavio Figueroa García BRD	Director/Board Member	-	-

Composition of the Board of Directors

Shareholders: Industrias Peñoles, S.A.B. de C.V.

Name	Equities	%	Valuation
Bailleres Family 52.79 %	209,837,555	52.79 %	8 761 M $
Sjunde AP-fonden 0.1096 %	435,598	0.1096 %	18 M $
VIGM SA de CV Asesor en Inversiones Independiente 0.0853 %	338,893	0.0853 %	14 M $
SAM Asset Management SA de CV SOFI 0.0825 %	327,860	0.0825 %	14 M $
BlackRock México Operadora SA de CV SOFI 0.0739 %	293,716	0.0739 %	12 M $

List of INDUSTRIAS PEÑOLES, S.A.B. DE C.V. shareholders

Holdings: Industrias Peñoles, S.A.B. de C.V.

Name	Equities	%	Valuation
FRESNILLO PLC 74.99%	552,595,191	74.99%	16,258,792,793 $

Company details: Industrias Peñoles, S.A.B. de C.V.

Industrias Peñoles SAB de CV

Calzada Legaria 549, Torre 2

11250, Mexico City

+52 55 5279 3000

http://www.penoles.com.mx

address Industrias Peñoles, S.A.B. de C.V.(PE&OLES *)

Group companies: Industrias Peñoles, S.A.B. de C.V.

Name	Category and Sector
FRESNILLO PLC
FRESNILLO PLC
Metalurgica Met-Mex Peñoles SA de CV Metalurgica Met-Mex Peñoles SA de CV Manufactures non-ferrous metals
Metalurgica Met-Mex Peñoles SA de CV Metalurgica Met-Mex Peñoles SA de CV Manufactures non-ferrous metals
Bal International, Inc. Bal International, Inc. Part of Industrias Peñoles SAB de CV, Bal International, Inc. is a holding company that owns several subsidiaries. The company's main operations are focused on marketing zinc, lead, minor metals, and chemicals. Peñoles Metals and Chemicals is the exclusive distributor of Industrias Peñolenses S.A. de C.V. metal and chemical products. Bal International markets the Peñole brand of silver and gold, while Bal Metals International engages in the trading of copper and other base metals worldwide. Wideco provides sourcing solutions and buying office services to companies in the mining industry. The company is based in Stamford, CT.

See all subsidiaries

Integrated Mining

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
INDUSTRIAS PEÑOLES, S.A.B. DE C.V.	-0.72%	+1.92%	+154.40%	+198.19%	17.21B
BHP GROUP LIMITED	+0.76%	+7.61%	+10.17%	-3.69%	151B
RIO TINTO PLC	+0.11%	+1.44%	+11.70%	-3.17%	126B
GRUPO MÉXICO, S.A.B. DE C.V.	-0.51%	+4.17%	+62.84%	+108.55%	71.09B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-1.01%	-1.17%	+13.37%	+33.37%	61.58B
GLENCORE PLC	-0.80%	+5.28%	+0.49%	-31.69%	59.42B
ANGLO AMERICAN PLC	+1.02%	+4.52%	+6.50%	-21.05%	42.85B
FRESNILLO PLC	-0.37%	+3.04%	+314.04%	+209.25%	26.65B
HINDUSTAN ZINC LIMITED	+0.32%	+2.61%	-2.36%	+58.15%	23.39B
VEDANTA LIMITED	-0.97%	-0.29%	+4.61%	+66.80%	22.76B
Average	-0.22%	+2.02%	+57.57%	+61.47%	60.19B
Weighted average by Cap.	-0.02%	+3.21%	+32.70%	+29.73%