- CEO
- Toralf Haag
- Full Time Employees
- 7,190
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Hovestrasse 50 Hamburg HA Germany 20539
- IPO Date
- Feb 25, 2008
- Business
- Aurubis AG operates within the fundamental materials sector, specializing in the conversion of intricate metal concentrates and various recycling streams into high-purity metals. The company is recognized for its extensive capabilities in processing copper scrap, metal-bearing organic and inorganic raw materials, and industrial by-products. Its comprehensive product range includes copper cathodes, continuous cast wire rods, specialized wires, as well as cast shapes, profiles, and flat rolled products fashioned from copper and its alloys. Beyond its core copper offerings, Aurubis also refines and provides a diverse portfolio of other metals such as gold, silver, lead, nickel, tin, zinc, selenium, tellurium, and platinum group metals. The production process additionally yields valuable industrial by-products like sulfuric acid, iron silicate, and synthetic minerals. The company employs an integrated business model, serving industrial clients across electrical engineering, construction, and automotive industries, alongside chemical and fertilizer sectors. Its revenue model is robust, drawing from the sale of its metal products, dedicated recycling services, and the commercialization of its by-products, often secured through long-term customer agreements. Aurubis emphasizes sustainability, leveraging its advanced recycling facilities, including its significant operations in Lünen, to contribute substantially to the circular economy. The company continues to expand its global footprint, notably with the September 2025 commencement of its multimetal recycling plant in Richmond, Georgia, USA, a substantial investment aimed at enhancing its strategic metal production in North America, including copper, nickel, tin, and precious metals. This expansion is supported by strategic financing, such as a EUR200 million investment loan from the European Investment Bank. Further strategic initiatives in late 2025 include the unveiling of its "Performance 2030" strategy, focusing on profitability and value generation from its recent investments, and securing raw material supply through agreements for copper concentrate. With production sites spanning Belgium, Bulgaria, Germany, Italy, Finland, Spain, and the United States, alongside an expansive service and distribution network across Europe, Asia, and North America, Aurubis maintains a prominent position as a global leader in non-ferrous metals and one of the world's largest copper recyclers. The company, initially established as Norddeutsche Affinerie AG in 1866, adopted the Aurubis AG name in April 2009 and is headquartered in Hamburg, Germany.