- CEO
- Toralf A. Haag
- Full Time Employees
- 7,000
- Sector
- Basic Materials
- Industry
- Copper
- Address
- Hovestrasse 50 Hamburg Germany 20539
- IPO Date
- Jul 28, 2014
- Business
- Aurubis AG operates as a leading global producer of non-ferrous metals and the world's largest copper recycler, processing copper concentrates, scrap metals, organic and inorganic metal-bearing recycling raw materials, and industrial residues into high-purity metals. The company manufactures copper cathodes, continuous cast wire rods, shapes, bars, and profiles; precious metals including gold and silver; additional non-ferrous metals such as nickel, tin, and selenium; and byproducts comprising sulfuric acid and iron silicate. Aurubis conducts custom smelting, precious metal refining, intermediate product processing, and multimetal recycling through its key segments of Multimetal Recycling and Custom Smelting & Products, serving industries including electrical applications, cables, wires, and technologies of the future.
Founded in 1866 and headquartered in Hamburg, Germany, at Hovestrasse 50, Aurubis maintains production sites across Europe, including major facilities in Germany, Bulgaria, and Italy, as well as the United States, with operations spanning more than 20 countries on three continents and approximately 7,100 employees. [web:group]
In recent developments, Aurubis secured a 200 million euro five-year loan from the European Investment Bank in September 2025 to fund copper refining expansion at its Pirdop, Bulgaria site—increasing cathode output by around 50% to 340,000 tons annually upon commissioning in fiscal 2025/26—and the 190 million euro Complex Recycling Hamburg program to process an additional 30,000 tons of recycled material while enhancing environmental protection. The company advanced its revised multimetal growth strategy announced in October 2025, emphasizing North American expansion with production ramp-up at its new 740 million euro Aurubis Richmond facility in Georgia, USA, for copper, nickel, tin, and precious metals recycling. Further upgrades include a 5 million euro shaft furnace enhancement at its Avellino, Italy site in 2025 to boost copper wire rod output by 20%, improve energy efficiency, and cut CO2 emissions; a letter of intent in November 2025 with Viscaria for long-term copper concentrate supply; and over 70% investment deployment by Q3 2024/25 toward 1.7 billion euros in strategic projects. [web:main]