Aurubis, Europe's largest copper producer, sees its multi-metal strategy as a competitive advantage against a backdrop of precarious market conditions, with executive chairman to the board Roland Harings highlighting the company's acquisition and integration of Belgian-Spanish recycler Metallo as a step change in optimizing production.
Despite pandemic-related setbacks, the German-based producer opted against revising its forecast for full-year group operating earnings before tax, keeping the level unchanged at ?,?185-250 million ($219-296 million) for the 2019-20 financial year, Harings told Fastmarkets in an interview during LME Week."Despite pandemic-related mining closures, we were also well supplied with concentrates. We had to be flexible, but together with our long term mining partners we were able to keep our smelters going," he...