Aurubis

Aurubis AG

Type	Aktiengesellschaft
Traded as	FWB: NDA
Industry	Metallurgy
Predecessor	Norddeutsche Affinerie, Cumerio
Founded	17 December 2008
Headquarters	Hamburg, Germany
Number of locations	Germany, Belgium, Bulgaria, Italy, Switzerland, Great Britain and Slovakia
Area served	Europe
Key people	Bernd Drouven (CEO and Chairman of the management board), Ernst Wortberg (Chairman of the supervisory board)
Products	Copper extraction, recycling of copper and precious metals, manufactured copper products
Revenue	€9.865 billion (2009/2010)[1]
Operating income	€475.1 million (2009/2010)[1]
Profit	€324.2 million (2009/2010)[1]
Total assets	€3.410 billion (September 2010)[1]
Total equity	€1.310 billion (September 2010)[1]
Employees	4,830 (September 2010)[1]
Website	www.aurubis.com

Aurubis AG (FWB: NDA) is the largest copper producer in Europe.^[2] The company is headquartered in Hamburg, Germany.

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.^[3] In March 2009, the General Meeting of Norddeutsche Affinerie renamed the company to Aurubis.^[4]

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.

See also

• Umicore
• Union Minière du Haut Katanga

References

1. ^ ^{a b c d e f} "Annual Report 2009/2010". Aurubis. http://www.aurubis.com/fileadmin/media/documents/en/Geschaeftsberichte_Quartalsberichte/2009_10_GB_en.pdf. Retrieved 6 February 2011. 
2. ^ Comfort, Nicholas (16 December 2008). "Norddeutsche Affinerie to Be Named Aurubis After Buying Cumerio". Bloomberg. http://www.bloomberg.com/apps/news?pid=20601100&sid=asHMXoDuelDs&refer=germany. Retrieved 2009-04-11. 
3. ^ "Aurubis - the largest copper producer in Europe". 2008-12-17. http://www.im-mining.com/2008/12/17/aurubis-the-largest-copper-producer-in-europe/. Retrieved 2009-03-04. 
4. ^ "Norddeutsche Affinerie and Cumerio have become Aurubis – renaming of public limited company (Aktiengesellschaft - AG) and subsidiaries has been carried out today". http://www.aurubis.com/en/press/press-releases/norddeutsche-affinerie-and-cumerio-have-become-aurubis-renaming-of-public-limited-company-aktiengesellschaft-ag-and-subsidiaries-has-been-carried-out-today/. Retrieved 2009-04-08. 

External links

• Official website