Aurubis

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Aurubis AG
Type Aktiengesellschaft
Traded as FWBNDA
Industry Metallurgy
Predecessor(s) Norddeutsche Affinerie, Cumerio
Founded 17 December 2008
Headquarters Hamburg, Germany
Number of locations Germany, Belgium, Bulgaria, USA, Italy, Switzerland, UK, Slovakia, Netherlands, Finland, Sweden
Area served Europe, USA, Asia
Key people Peter Willbrandt (CEO and Chairman of the management board), Prof. Dr.-Ing. Heinz Jörg Fuhrmann (Chairman of the supervisory board)
Products Copper extraction, recycling of copper and precious metals, manufactured copper products
Revenue €13,336 billion (2010/2011)</small[1]
Operating income €455,5 million (2010/2011)[2]
Profit €320,8 million (2010/2011)[3]
Total assets €4,333 billion (September 2011)[4]
Total equity €1,740 billion (September 2011)[5]
Employees 6,279 (September 2011)[6]
Website www.aurubis.com
The sites of Aurubis AG

Aurubis AG (formerly Norddeutsche Affinerie AG) is listed on the stock exchange[7] and is the largest copper producer in Europe[8] (the second largest in the world) and the largest copper recycler worldwide. Its headquarters is in Hamburg, Germany. After the acquisition of the Belgian copper producer Cumerio by Norddeutsche Affinerie AG on 18 February 2008, the company re-branded itself as Aurubis as of 1 April 2009.

Aurubis produces more than one million tonnes of copper cathodes annually and from them a variety of copper products. It employs about 6,300 people (updated: September 2011).

Contents

[edit] History

In 1866 Norddeutsche Affinerie was incorporated as a stock company. Aurubis was founded on 17 December 2008, after the buy-out of Cumerio by Norddeutsche Affinerie.[9] In March 2009, the General Meeting of Norddeutsche Affinerie renamed the company to Aurubis.[10]

[edit] Operation

Cross section of an Aurubis copper billet produced by continuous casting: radial crystallite structure revealed after etching.

Aurubis is the global leader in copper recycling. It produces some 1 Mt/y of copper cathodes and more than 1.2 Mt/y of copper products per year. It has about 4,800 employees at 12 production sites in seven European countries (Germany, Belgium, Bulgaria, Italy, Switzerland, Great Britain and Slovakia).

Aurubis produces copper cathodes from copper concentrates, copper scrap and other recycled raw materials. These are processed into continuous cast wire rod and shapes, rolled products as well as specialty wire made of copper and copper alloys. Precious metals and a series of other products, such as sulphuric acid and iron silicate are also produced.

[edit] See also

[edit] References

[edit] External links

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