Aurubis raises FY2021 earnings forecasts on higher copper prices, scrap RC expectations

Aurubis expects high copper prices and consequent availability of scrap metal to boost its earnings for its 2021 financial year beyond previous forecasts, it said in a release to investors on Thursday January 21.

The German smelting company, which is Europe's largest copper and tin producer, raised its forecast earnings for the financial year ending September 2021 before taxes to €270-330 million ($328-401 million) from a previous €210-270 million set last September.


Archie Hunter

January 21, 2021

15:30 GMT