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Third Quarter 2021 RESULTS GrupoMéxico Mexico City , October 27 , 2021 Grupo Mexico , S.A.B de C.V. ( “ Grupo Mexico " - BMV : GMEXICOB ) As a result of our capital investment program , which has exceeded US $ 22 billion in the last decade , we achieved record results ensuring the sustained growth of our business units to provide attractive results for our investors , employees , and communities where we operate , Grupo México reaffirms its commitment to continue contributing to the economic growth and social wellbeing of the countries where it is present . Consolidated revenues accumulated in 3Q21 reached levels of US $ 11 billion , 43.0 % higher than in the same period of 2020 , due to a 59.1 % increase in the price of copper and a considerable recovery in volumes transported . The Mining Division achieved US $ 8.99 billion in revenues in 3Q21 , 51.5 % higher than in 2020 , due to a significant increase in the price of the metals that most contribute to our revenues : Copper ( + 59.1 % ) , Molybdenum ( + 73.0 % ) and Zinc ( + 35.1 % ) . In the Transportation Division , revenues during the year reached US $ 1.89 billion , 17.0 % above 2020. The Infrastructure Division achieved US $ 410 million in accrued net revenues , an increase of 4.7 % , over 2020 . Consolidated revenues in 3Q21 reached US $ 3.65 billion , 28.9 % greater than in 3020. The Mining Division reported sales of US $ 2.96 billion in 3Q21 , 31.3 % higher than in 3Q20 , mainly due to an increase of 46.3 % in copper prices and of 147.1 % in molybdenum prices . In the Transportation Division , revenues during the quarter totaled US $ 655 million , 22.0 % higher than in 3Q20 , due to a 14.3 % increase in volumes transported . The Infrastructure Division achieved quarterly net revenues of US $ 138 million , an increase of 6.8 % vs. 3Q20 . The Mining Division achieved its best quarter in terms of production of all metals so far this year . Copper production accrued up to 3Q21 totaled 815,655 tons , a 2.8 % decrease vs. the previous year , due to variations in ore grades and recovery levels . Production decreased 3.0 % in Peru ; in Mexico , it showed a 2.7 % reduction , and there was a 2.4 % drop in Asarco . During the third quarter , production decreased by 2.2 % vs. 3Q20 totaling 274,506 tons ; however , it increased 1.7 % vs. the preceding quarter . As for byproducts , molybdenum production increased 5.5 % in 3Q21 , silver production rose 11.9 % , and gold production grew 6.5 % above 3Q20 . The Mining Division reiterated its first - place position as the company with the lowest net cash cost globally . Accrued up to 3Q21 , a decrease of 6.6 % was achieved in the global cash cost , which stood at US $ 0.80 per pound . The net cash cost was US $ 0.77 per pound of copper during the quarter , down from $ 0.82 , a considerable improvement of 6.1 % compared to 3020. At the same time , it maintained the first place globally in copper reserves . Accrued EBITDA reached US $ 6.74 billion in the first nine months of the year , with an 85.7 % increase compared to 2020 and a 61.2 % margin . During the year , the Mining Division reached US $ 5.71 billion in EBITDA , 109.8 % more than in 2020 , due to the copper price increase mentioned above , and an effective cost control . The Transportation Division accrued US $ 850 million in EBITDA , 19.6 % higher compared to 2020. The Infrastructure Division achieved US $ 174 million in EBITDA in 3Q21 , 14.5 % lower than in 2020 , mainly due to the adjustment of quotas in Perforadora , a mismatch in projects in Constructora , and lower F / X gains . gmexico.mx During 3021 , consolidated EBITDA reached US $ 2.18 billion , 46.1 % higher than in 3Q20 . The Mining Division reached an EBITDA of US1.85 billion during the quarter , 53.0 % greater than in the same period of 2020. The Transportation Division's EBITDA reached US $ 293 million in 3Q21 , a 23.4 % increase vs. 3Q20 . The Infrastructure Division achieved quarterly net revenues of US $ 56 million , a 6.0 % reduction vs. 3Q20 .