Aurubis AG processes metal concentrates and recycling materials.
Business Segments
The company operates through the Multimetal Recycling and Custom Smelting & Products segments.
Multimetal Recycling
The Multimetal Recycling segment focuses on the recycling of various metals, including copper, precious metals, and other valuable materials. This segment involves the processing of scrap and other secondary raw materials to extract and refine metals.
Custom Smelting & Products
This segment enc...
Aurubis AG processes metal concentrates and recycling materials.
Business Segments
The company operates through the Multimetal Recycling and Custom Smelting & Products segments.
Multimetal Recycling
The Multimetal Recycling segment focuses on the recycling of various metals, including copper, precious metals, and other valuable materials. This segment involves the processing of scrap and other secondary raw materials to extract and refine metals.
Custom Smelting & Products
This segment encompasses the production and sale of copper cathodes, wire rod, shapes, strip, bars, and profiles. This segment is responsible for smelting and refining copper and other metals, converting them into high-quality products that meet the specific needs of customers. The segment also includes the production of precious metals and other specialty products.
Products and Services
Copper Cathodes
The company produces high-quality copper cathodes, which are essential raw materials for the manufacturing of copper products.
Wire Rod
The company manufactures copper wire rod, which is used in the production of electrical cables and wires.
Shapes
The company produces copper shapes, including billets, cakes, and slabs, which are used in various industrial applications.
Strip, Bars, and Profiles
The company offers a range of copper strip, bars, and profiles, which are used in various applications, including electrical engineering, construction, and industrial machinery.
Precious Metals
The company also produces precious metals, including gold, silver, and platinum group metals. These metals are recovered from the company's recycling processes and are used in various industries, including electronics, jewelry, and automotive.
Multimetal Recycling
The company provides comprehensive recycling services for various metals, including copper, precious metals, and other valuable materials. The company processes scrap and other secondary raw materials to extract and refine metals, contributing to sustainability and resource efficiency.
Custom Smelting & Products
The company offers custom smelting services, converting raw materials into high-quality metal products. The company's smelting and refining processes ensure the production of pure and alloyed metals, meeting the specific requirements of customers.
Specialty Products
The company produces a range of specialty products, including sulfuric acid, iron silicate, and selenium. These products are by-products of the company's smelting and refining processes and are used in various industrial applications.
Geographical Markets Served
The primary geographical markets served by the company include:
Germany: As the home country, Germany is a significant market for the company, with extensive operations and sales activities.
Other European Union Countries: The company has a strong presence in other EU countries, leveraging the economic and industrial integration within the region.
Rest of Europe: Beyond the EU, the company serves various other European countries, expanding its market reach.
Asia: The company has established a foothold in the Asian market, catering to the growing demand for copper and other non-ferrous metals in the region.
Americas: The company operates in North and South America, providing products and services to a diverse range of industries.
Other Regions: The company also serves other regions, ensuring a global market presence.
Regulations
The company is subject to various government regulations that govern its operations, financial reporting, and corporate governance. The company's financial statements are prepared in accordance with the International Financial Reporting Standards (IFRS) as adopted by the European Union, in conjunction with Section 315e (1) of the German Commercial Code (HGB). The interpretations of the International Financial Reporting Standards Interpretations Committee (IFRS-IC) are also considered.
History
The company was founded in 1866. The company was formerly known as Norddeutsche Affinerie AG and changed its name to Aurubis AG in April 2009.