REVENUE: (Tables)

9 Months Ended

Sep. 30, 2020

REVENUE:

Summary of company's sales by geographic wise and segment wise

	Three Months Ended September 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	319.5	$	84.5	$	—	$	(29.7)	$	374.3
United States		309.9		11.3		33.6		—		354.8
Peru		—		4.8		95.1		—		99.9
Brazil		—		6.7		58.9		—		65.6
Chile		—		—		55.4		—		55.4
Other American countries		16.9		0.7		1.0		—		18.6
Europe:
Switzerland		274.0		19.2		153.4		—		446.6
Italy		—		2.0		60.2		—		62.2
Spain		62.5		—		—		—		62.5
Other European countries		42.4		11.0		83.2		—		136.6
Asia:
Singapore		55.9		0.6		136.2		—		192.7
Japan		15.2		—		129.1		—		144.3
Other Asian countries		85.4		0.1		30.1		—		115.6
Total	$	1,181.7	$	140.9	$	836.2	$	(29.7)	$	2,129.1

	Nine Months Ended September 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	890.3	$	254.2	$	—	$	(78.0)	$	1,066.5
United States		866.8		15.5		94.0		—		976.3
Peru		—		10.4		208.2		—		218.6
Brazil		—		11.6		134.3		—		145.9
Chile		19.5		—		144.7		—		164.2
Other American countries		25.9		2.1		1.4		—		29.4
Europe:
Switzerland		682.6		50.1		367.7		—		1,100.4
Italy		—		6.3		179.1		—		185.4
Spain		127.3		—		—		—		127.3
Other European countries		118.8		20.7		203.1		—		342.6
Asia:
Singapore		233.9		5.7		383.0		—		622.6
Japan		26.9		—		365.9		—		392.8
Other Asian countries		160.1		0.4		101.7		—		262.2
Total	$	3,152.1	$	377.0	$	2,183.1	$	(78.0)	$	5,634.2

	Three Months Ended September 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	338.3	$	81.8	$	—	$	(18.6)	$	401.5
United States		280.4		3.1		58.7		—		342.2
Peru		—		—		75.2		—		75.2
Brazil		—		1.0		48.7		—		49.7
Chile		0		—		64.4		—		64.5
Other American countries		10.1		0.7		0.4		—		11.2
Europe:
Switzerland		171.1		11.3		81.5		—		263.9
Italy		5.7		2.0		54.6		—		62.3
Spain		46.7		—		—		—		46.7
Other European countries		24.8		4.4		38.0		—		67.2
Asia:
Singapore		68.0		2.3		212.8		—		283.1
Japan		21.3		—		106.6		—		127.9
Other Asian countries		15.9		0.1		48.1		—		64.1
Total	$	982.4	$	106.7	$	789.0	$	(18.6)	$	1,859.5

	Nine Months Ended September 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	1,002.5	$	261.3	$	—	$	(63.9)	$	1,199.9
United States		817.3		6.2		87.0		—		910.5
Peru		1.6		—		254.0		—		255.6
Brazil		—		13.3		141.6		—		154.9
Chile		1.3		—		143.6		—		144.9
Other American countries		34.1		2.0		3.1		—		39.2
Europe:
Switzerland		579.4		28.4		264.9		—		872.7
Italy		42.7		10.3		165.6		—		218.6
Spain		139.0		—		—		—		139.0
Other European countries		70.3		19.2		159.0		—		248.5
Asia:
Singapore		198.5		8.7		460.6		—		667.8
Japan		37.3		—		350.6		—		387.9
Other Asian countries		85.1		0.7		105.7		—		191.5
Total	$	3,009.1	$	350.1	$	2,135.7	$	(63.9)	$	5,431.0

The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three and nine months ended September 30, 2020 and 2019 (in millions):

	Three Months Ended September 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	1,022.1	$	21.2	$	720.7	$	(14.1)	$	1,749.9
Molybdenum		58.2		—		61.6		—		119.8
Silver		67.0		48.4		35.1		(17.5)		133.0
Zinc		—		57.6		—		4.6		62.2
Other		34.4		13.7		18.8		(2.7)		64.2
Total	$	1,181.7	$	140.9	$	836.2	$	(29.7)	$	2,129.1

	Nine Months Ended September 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	2,687.8	$	50.9	$	1,881.4	$	(34.7)	$	4,585.4
Molybdenum		188.3		—		164.5		—		352.8
Silver		170.6		111.1		77.6		(38.9)		320.4
Zinc		—		174.1		—		1.3		175.4
Other		105.4		40.9		59.6		(5.7)		200.2
Total	$	3,152.1	$	377.0	$	2,183.1	$	(78.0)	$	5,634.2

	Three Months Ended September 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	809.6	$	11.5	$	667.3	$	(11.0)	$	1,477.4
Molybdenum		91.2		—		65.3		—		156.5
Zinc		49.8		24.7		23.1		(9.0)		88.6
Silver		—		54.6		—		2.6		57.2
Other		31.8		15.9		33.3		(1.2)		79.8
Total	$	982.4	$	106.7	$	789.0	$	(18.6)	$	1,859.5

	Nine Months Ended September 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	2,504.9	$	34.5	$	1,840.7	$	(38.2)	$	4,341.9
Molybdenum		274.8		—		154.6		—		429.4
Zinc		137.6		59.1		58.7		(21.3)		234.1
Silver		—		211.3		—		(1.6)		209.7
Other		91.8		45.2		81.7		(2.8)		215.9
Total	$	3,009.1	$	350.1	$	2,135.7	$	(63.9)	$	5,431.0

Schedule of opening and closing balances of receivables by reporting segment

The opening and closing balances of receivables by reporting segment of the Company were as follows (in millions):

			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
As of September 30, 2020:
Trade receivables	$	546.9	$	58.2	$	350.4	$	—	$	955.5
Related parties, current		33.9		—		—		8.5		42.4
Related parties, non-current		58.0		—		—		—		58.0
As of December 31, 2019:
Trade receivables	$	477.8	$	38.0	$	317.1	$	—	$	832.9
Related parties, current		22.1		—		—		7.9		30.0
Related parties, non-current		59.5		—		—		—		59.5

Schedule long term contracts by products

As of September 30, 2020, the Company has long-term contracts with promises to deliver the following products in 2020:

Copper concentrates (in tons)	870,000
Copper cathodes (in tons)	48,000
Molybdenum concentrates (in tons)	24,061
Sulfuric acid (in tons)	293,840

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at September 30, 2020:

	Sales volume	Priced at
	(million lbs.)	(per pound)	Month of settlement
Copper	141.2	3.03	October 2020 through March 2021
Molybdenum	12.8	8.15	October 2020 through December 2020