Three Aurubis copper smelters shut for unscheduled maintenance; shares drop

November 28, 2018 / www.metalbulletin.com / Article Link

Europe's largest copper smelter Aurubis has shut three of its four copper smelters for unplanned maintenance, the company acknowledged today.

The plants in Hamburg, Pirdrop and Luenen have a combined annual production capacity of 990,000 tonnes or 3.5% of world output.Shares in Aurubis are down by 16% since the smelting company announced yesterday that third-quarter profits would be materially affected by the shutdowns. Shares were last at ?,?43.70 ($49.20) per share...

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