European copper maker Aurubis announced on Friday July 16 that it has declared force majeure on its Stolberg operations, being unable to deliver or accept incoming deliveries following floods in the valley where the site is located.
Aurubis Stolberg manufactures semi-finished products made of copper and copper alloys, including high-precision strip and wire made for industrial applications, such as electronics, automotive and engineering.With 400 employees, it has a capacity of 60,000 tonnes of copper products per year, according to Aurubis' website. The Stolberg site is located in the western Rhineland-Palatinate state of Germany, which has been heavily affected by floods in the...