on Norddeutsche Affinerie AG (ETR:NDA)
Aurubis AG Highlights Strategic Strengths at Annual Meeting
Aurubis AG, a leading global supplier of non-ferrous metals and the largest copper recycler, stressed its strategic strengths at its Annual General Meeting on February 12, 2026. CEO Dr. Toralf Haag emphasized the company's role in the "decade of metals," citing growing demand for metals tied to megatrends like electrification and AI. Aurubis is pursuing a strategy called "Aurubis Performance 2030" to enhance resilience and leadership in multimetal production.
Significant investments have been made, with 80% of a €1.7 billion budget already channeled into growth projects. Key initiatives include the new Aurubis Richmond plant in the US, which is ramping up operations, and the expansion of the Complex Recycling Hamburg project. In Bulgaria, the copper tankhouse expansion is progressing, aiming to increase capacity by 50%.
Shareholders approved a 10-cent increase in dividends to €1.60 per share. Financial expectations for the next fiscal year include operating earnings before taxes of €375 to 475 million.
R. P.
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