FOCUS: Pandemic fallout puts premium on copper sustainability, Aurubis says

Europe’s largest copper producer, Aurubis, sees sustainable copper production as a focal point for the development of the industry, safeguarding the future of copper supply while it recovers from one of the most challenging periods in history, the company’s newest senior vice president of commercial, Michael Hellemann, has told Fastmarkets.

The Hamburg-based copper producer’s latest results statement - covering the period from October 1, 2019, to June 30, 2020 - showed total revenue uptick year-on-year of a little less than 2.5% to €8.89 million ($10.5 million) during the first nine months of the company’s fiscal year. A higher throughput of recycling material was one of several contributing factors. Yet against industry concerns about smelter capacity, continued strike action and a fragmented copper supply chain that is still reeling from the effects of the Covid-19 pandemic, Hellemann indicated that greener, more sustainable copper production would help to bolster the...

Published

Hassan Butt

October 13, 2020

13:40 GMT

London