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LEASES: (Tables)
6 Months Ended
Jun. 30, 2025
LEASES:  
Schedule of the operating lease expense recognized

The operating lease expense recognized in the six-month periods ended June 30, 2025 and 2024 was classified as follows (in millions):

Classification

    

2025

 

2024

Cost of sales (exclusive of depreciation, amortization and depletion)

 

$

57.6

$

48.7

Selling, general and administrative

 

(*)

 

(*)

Exploration

 

0.1

 

0.1

Total lease expense

 

$

57.7

$

48.8

(*) amount is lower than $0.1 million.

Schedule of Maturities of lease liabilities

Lease liabilities

Year

    

(in millions)

2025

 

$

57.7

2026

 

115.1

2027

 

114.6

2028

 

114.0

2029

 

112.9

After 2029

 

317.3

Total lease payments

 

$

831.5

Less: interest on lease liabilities

 

(130.9)

Present value of lease payments

 

$

700.7