Aurubis AG, a leading provider of non-ferrous metals and one of the largest copper recyclers globally, closed the 2023/24 fiscal year with strong financial results. Operating earnings before taxes (EBT) rose to €413 million, up from €349 million in the previous year. Net cash flow remained robust at €537 million, and return on capital employed...
READ MOREDrugstore magnate Dirk Rossmann has once again expanded his stake in Aurubis, a leading copper manufacturer. His investment firm, Rossmann Beteiligungs GmbH, now controls around 20.7% of Aurubis, up from approximately 17%, according to a mandatory disclosure on Monday. This ongoing increase in ownership has fueled market speculation about a potential takeover. Rossmann, founder of...
READ MOREAurubis has commenced construction of an air separation plant (AS) at its recycling site in Lünen, North Rhine-Westphalia. This investment of approximately €40 million aims to make on-site production operations more efficient and reduce dependence on external supplies. The new plant will use proven technology already employed at other major Aurubis sites, such as those...
READ MOREAurubis, a leading global provider of non-ferrous metals and one of the largest copper recyclers, and Coficab, a major player in the automotive industry’s wires and cables sector, have renewed a multi-year contract for the supply of copper wire rod. This renewed contract aims to expand sustainable volume growth in the automotive wire and cable...
READ MOREStolberg copper producer Aurubis has invested approximately €16 million in two new core units for its copper rolling mill in Stolberg. The Hamburg-based company aims to reduce energy consumption and CO2 emissions while increasing production capacity. With around 400 employees, Aurubis Stolberg specializes in producing high-precision copper and copper alloy strips and wires. The newly...
READ MOREAurubis, one of the world’s leading multi-metal producers and a major copper recycler, has announced a EUR 16 million investment in its Stolberg copper rolling mill in the Rhineland, Germany. The investment includes two new core units—a hood annealing line and a stretch-bending line—to enhance the competitiveness, energy efficiency, and safety of the site. The...
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