AT A GLANCE: Aurubis earnings nearly double in fiscal H1

Aurubis, Europe’s largest copper producer, almost doubled its operating earnings year-on-year in the period October 2020 to March 2021, the first half of its fiscal year, to €185 million ($225 million), it said on Monday May 10.

In brief: Significantly higher refining charges for recycling materials, increased concentrate throughput, strict cost discipline, high product demand, and an increase in metal prices all contributed the the company’s higher earnings, Aurubis said. The substantially higher concentrate throughput came at a time of lower treatment and refining charges for copper concentrates due to global market...

Published

Ana de Liz

May 10, 2021

12:03 GMT

London