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9h agoGrupo Mex ico profit rises over 50% in Q3 on strong molybdenum, silver and zinc sales
Grupo Mexico, the mining and transportation conglomerate, reported third-quarter net profit of US$1.29 billion, more than 50% higher year-on-year, driven by higher volumes and prices of molybdenum (+7.9%), silver (+19.3%) and zinc (+7.3%) despite a 2.6% drop in copper output due to weaker output in Mexico and Peru. Revenue rose 11% to US$4.59 billion, and EBITDA climbed 15% to US$2.51 billion. The company reaffirmed its annual copper-production target of 1.08 million metric tons and flagged U.S. investment options of up to US$6.2 billion aligning with industrial-policy incentives.
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9h agoGrupo Mex ico profit rises over 50% in Q3 on strong molybdenum, silver and zinc sales
Grupo Mexico, the mining and transportation conglomerate, reported third-quarter net profit of US$1.29 billion, more than 50% higher year-on-year, driven by higher volumes and prices of molybdenum (+7.9%), silver (+19.3%) and zinc (+7.3%) despite a 2.6% drop in copper output due to weaker output in Mexico and Peru. Revenue rose 11% to US$4.59 billion, and EBITDA climbed 15% to US$2.51 billion. The company reaffirmed its annual copper-production target of 1.08 million metric tons and flagged U.S. investment options of up to US$6.2 billion aligning with industrial-policy incentives.
Explore:Mutual Fund Home
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Grupo Mex ico profit rises over 50% in Q3 on strong molybdenum, silver and zinc sales
about 9 hours ago
1 min read
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Grupo Mexico’s Q3 profit jumps 50% on strong non-copper metal sales, despite copper output drop.
Grupo Mexico, the mining and transportation conglomerate, reported third-quarter net profit of US$1.29 billion, more than 50% higher year-on-year, driven by higher volumes and prices of molybdenum (+7.9%), silver (+19.3%) and zinc (+7.3%) despite a 2.6% drop in copper output due to weaker output in Mexico and Peru. Revenue rose 11% to US$4.59 billion, and EBITDA climbed 15% to US$2.51 billion. The company reaffirmed its annual copper-production target of 1.08 million metric tons and flagged U.S. investment options of up to US$6.2 billion aligning with industrial-policy incentives.
Grupo Mexico, the mining and transportation conglomerate, reported third-quarter net profit of US$1.29 billion, more than 50% higher year-on-year, driven by higher volumes and prices of molybdenum (+7.9%), silver (+19.3%) and zinc (+7.3%) despite a 2.6% drop in copper output due to weaker output in Mexico and Peru. Revenue rose 11% to US$4.59 billion, and EBITDA climbed 15% to US$2.51 billion. The company reaffirmed its annual copper-production target of 1.08 million metric tons and flagged U.S. investment options of up to US$6.2 billion aligning with industrial-policy incentives.
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Oct 31, 2025 • 14:34 IST