REVENUE: (Tables)

9 Months Ended

Sep. 30, 2021

REVENUE:

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

	Three Months Ended September 30, 2021
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	483.1	$	115.7	$	4.5	$	(42.8)	$	560.5
United States		324.9		11.2		71.3		—		407.4
Peru		—		(0.4)		148.3		—		147.9
Brazil		—		10.9		93.2		—		104.1
Chile		(0.1)		—		113.8		—		113.7
Other American countries		10.9		—		1.8		—		12.7
Europe:
Switzerland		276.0		20.3		127.6		—		423.9
Italy		—		3.9		62.9		—		66.8
Spain		106.6		—		20.4		—		127.0
Other European countries		54.2		7.0		110.9		—		172.1
Asia:
Singapore		119.9		6.3		159.7		—		285.9
Japan		(0.8)		—		167.7		—		166.9
Other Asian countries		51.1		0.2		40.7		—		92.0
Total	$	1,425.8	$	175.1	$	1,122.8	$	(42.8)	$	2,680.9

	Nine Months Ended September 30, 2021
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	1,431.7	$	291.8	$	4.5	$	(107.9)	$	1,620.1
United States		1,107.5		42.9		152.2		—		1,302.6
Peru		—		(0.3)		438.9		—		438.6
Brazil		—		18.4		310.8		—		329.2
Chile		2.8		—		265.1		—		267.9
Other American countries		28.9		0.7		4.6		—		34.2
Europe:
Switzerland		888.7		46.0		323.1		—		1,257.8
Italy		0.2		5.9		244.8		—		250.9
Spain		299.8		—		63.8		—		363.6
Other European countries		202.2		40.3		310.8		—		553.3
Asia:
Singapore		354.8		14.8		395.7		—		765.3
Japan		23.6		—		478.1		—		501.7
Other Asian countries		196.4		0.3		228.5		—		425.2
Total	$	4,536.6	$	460.8	$	3,220.9	$	(107.9)	$	8,110.4

	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

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, 2021 and 2020 (in millions):

	Three Months Ended September 30, 2021
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	1,195.0	$	24.3	$	912.9	$	(21.8)	$	2,110.4
Molybdenum		146.6		—		147.9		—		294.5
Silver		52.4		37.2		33.6		(19.0)		104.2
Zinc		—		98.6		—		0.1		98.7
Other		31.8		15.0		28.4		(2.1)		73.1
Total	$	1,425.8	$	175.1	$	1,122.8	$	(42.8)	$	2,680.9

	Nine Months Ended September 30, 2021
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	3,858.2	$	75.5	$	2,697.1	$	(54.7)	$	6,576.1
Molybdenum		387.3		—		359.0		—		746.3
Silver		193.1		122.6		95.8		(48.1)		363.4
Zinc		—		215.1		—		0.5		215.6
Other		98.0		47.6		69.0		(5.6)		209.0
Total	$	4,536.6	$	460.8	$	3,220.9	$	(107.9)	$	8,110.4

	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

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, 2021:
Trade receivables	$	658.8	$	57.1	$	777.5	$	—	$	1,493.4
Related parties, current		25.1		—		1.7		7.8		34.6
As of December 31, 2020:
Trade receivables	$	566.0	$	57.8	$	445.1	$	—	$	1,068.9
Related parties, current		15.4		—		0.8		7.1		23.3

Schedule long term contracts by products

As of September 30, 2021, the Company has long-term contracts with promises to deliver the following products in 2021:

Copper concentrates (in tons)	188,000
Copper cathodes (in tons)	48,000
Molybdenum concentrates (in tons)	41,414
Sulfuric acid (in tons)	322,415

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at September 30, 2021:

	Sales volume	Priced at
	(million lbs.)	(per pound)	Month of settlement
Copper	174.1	4.06	October 2021 through February 2022
Molybdenum	15.3	18.45	October 2021 through December 2021