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Aurubis AG (AIAGY)

Other OTC - Other OTC Delayed Price. Currency in USD
41.96+6.86 (+19.54%)
At close: 11:12AM EDT
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  • Reuters

    UPDATE 1-Copper producer Aurubis to grow organically rather than through deals, CEO says

    Aurubis, Europe's largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO said on Wednesday. The company, which is emerging from a 2023 scandal when its copper was stolen by an organized crime ring, is set to open a U.S. recycling facility by December. That project is seen as a blueprint for the construction of similar facilities elsewhere because there are no viable takeover options, Roland Harings told Reuters on the sidelines of the World Copper Conference in Santiago.

  • Reuters

    Aurubis on track to open U.S. copper recycling plant by year's end, CEO says

    Aurubis is on track to open its U.S. copper recycling plant in Georgia by December as part of a plan to boost production and processing of the metal in North America, its CEO said on Wednesday. The $700 million facility, which is supported by U.S. President Joe Biden's administration, will have an initial capacity of 90,000 metric tons per year that will grow to 180,000 metric tons in a second phase, CEO Roland Harings told the World Copper Conference in Santiago. "We are finalizing the installation now of a first-of-its-kind recycling facility in the U.S.," he said.

  • Simply Wall St.

    Aurubis AG's (ETR:NDA) market cap surged €89m last week, retail investors who have a lot riding on the company were rewarded

    Key Insights The considerable ownership by retail investors in Aurubis indicates that they collectively have a greater...