Trump's 50% Copper Tariff Shocks Markets—These Stocks Are Winning Big
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 09 2025
0mins
Should l Buy SCCO?
Source: Benzinga
Copper Tariff Announcement: President Trump announced a surprise 50% import tariff on copper, causing prices to surge to a historic high of $5.90 per pound due to anticipated supply constraints and increased demand ahead of the tariff's implementation.
Impact on Stocks and Industries: U.S. copper stocks like Freeport-McMoRan and Southern Copper are expected to benefit from rising prices, while the tariff could significantly affect sectors reliant on copper, potentially leading to inflation concerns as global supplies remain tight.
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Analyst Views on SCCO
Wall Street analysts forecast SCCO stock price to fall
10 Analyst Rating
0 Buy
5 Hold
5 Sell
Moderate Sell
Current: 166.300
Low
90.00
Averages
127.95
High
152.00
Current: 166.300
Low
90.00
Averages
127.95
High
152.00
About SCCO
Southern Copper Corporation is an integrated copper producer. It is engaged in the production of copper, molybdenum, zinc and silver. All of its mining, smelting and refining facilities are located in Peru and Mexico, and it conducts exploration activities in those countries and in Argentina and Chile. Its segments include the Peruvian operations, Mexican open-pit operations and Mexican underground mining operations. Its Peruvian operations include the Toquepala and Cuajone mine complexes and the smelting and refining plants, including a precious metals plant, industrial railroad and port facilities that service both mines. Its Mexican open-pit operations include the La Caridad and Buenavista mine complexes and the smelting and refining plants, including a precious metals plant and a copper rod plant and support facilities that service both mines. Mexican underground mining operations include five underground mines that produce zinc, copper, lead, silver and gold; and a zinc refinery.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Dividend Declaration: Southern Copper (SCCO) has declared a quarterly dividend of $1.00 per share, reflecting the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Yield Information: The forward yield of 2.2% not only provides shareholders with a steady return but may also enhance the company's appeal in the market, boosting investor confidence.
- Payment Schedule: The dividend is payable on May 29, with a record date of May 13 and an ex-dividend date also on May 13, ensuring that shareholders receive their earnings promptly, demonstrating the company's commitment to its investors.
- Dividend Growth Potential: The trend in Southern Copper's dividend growth indicates strong performance in the copper market, suggesting the possibility of continued dividend increases to reward shareholders and further solidify its position in the industry.
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- Copper Investment Outlook: Peru's mining investment portfolio is valued at approximately $64 billion, with copper projects accounting for 71%; high copper prices continue to attract new projects and production expansions, but investors express concerns over leftist candidate Sanchez's strong state control stance.
- Southern Copper Developments: Southern Copper regained its permit for the Tia Maria project on Sunday, expected to produce about 120,000 metric tons of copper annually by 2027 with an investment of approximately $1.8 billion, indicating strategic investment opportunities despite uncertainties.
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- Interim Leadership Appointment: Southern Copper swiftly appointed board member Leonardo Contreras Lerdo de Tejada as interim CEO following the unexpected passing of CEO Oscar Gonzalez Rocha, ensuring continuity in the company's leadership.
- CEO Succession Planning: The company's board is actively searching for a permanent CEO as part of its internal succession planning, indicating a commitment to stable management and aiming to mitigate uncertainties arising from leadership changes.
- Permit Reauthorization: Peru's government has reauthorized Southern Copper's $1.8 billion Tia Maria project after confirming it meets necessary regulatory requirements, including environmental certification, ownership, and safety obligations, ensuring the project's compliance.
- Production Outlook: The Tia Maria project is expected to commence production by the end of 2026 or early 2027, delivering 120,000 metric tons of copper annually over a 20-year lifespan, which will significantly enhance the company's long-term revenue potential and market competitiveness.
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- Leadership Change: Southern Copper's CEO Oscar Rocha passed away unexpectedly on April 7, and as the leader since 2004, his death may lead to significant adjustments in the company's strategic direction, impacting investor confidence.
- New CEO Appointment Plans: The company plans to appoint a successor or interim CEO in the near future, which will affect the governance structure and may have short-term implications for operational efficiency.
- Industry Impact: During Rocha's tenure, Southern Copper solidified its significant position in global copper production, and the upcoming leadership transition could influence the company's market competitiveness and strategic decisions.
- Shareholder Structure: Southern Copper is 88.9% owned by Grupo Mexico, and Rocha's passing may prompt a reevaluation of shareholder interests and corporate governance, especially against the backdrop of currently high copper prices.
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