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EQS-News: Aurubis to invest € 330 million in precious metals processing and environmental protection in Hamburg, expanding project pipeline to € 750 million

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Thursday, December 14, 2023

Aurubis to invest € 330 million in precious metals processing and environmental protection in Hamburg, expanding project pipeline to € 750 million

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Aurubis to invest € 330 million in precious metals processing and environmental protection in Hamburg, expanding project pipeline to € 750 million
The issuer is solely responsible for the content of this announcement.
These include around € 300 million earmarked for a new precious metals processing plant, the Precious Metals Refinery (PMR).
Precious Metals Hamburg comprises the entire precious metals processing chain in one closed security area.
With this new plant, Aurubis is significantly expanding production capacity in precious metals and laying the groundwork for additional growth strategy projects.

EQS-News: Aurubis AG: Environmentally friendly metals: Aurubis concludes ammonia tests and plans to intensify cooperation with ADNOC

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Thursday, December 14, 2023

Following testing, Aurubis is pursuing strategic cooperation in the area of hydrogen with ADNOC, the supplier of the low-carbon ammonia for the test series in Aurubis’ production.

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Following testing, Aurubis is pursuing strategic cooperation in the area of hydrogen with ADNOC, the supplier of the low-carbon ammonia for the test series in Aurubis’ production.
The ammonia used in Aurubis’ testing arrived in Hamburg as part of a joint hydrogen project between the United Arab Emirates and Germany.
During the test series, which ran for several months, Aurubis successfully used ammonia as an energy source in the copper wire rod production facility.
Aurubis has around 7,100 employees, production sites in Europe and the US, and an extensive distribution network around the world.

Introducing the Triplett MM700B Benchtop Digital Multimeter: the go-to meter for precision benchwork

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Tuesday, September 26, 2023

MANCHESTER, N.H., Sept. 26, 2023 /PRNewswire-PRWeb/ -- Triplett Test Equipment & Tools, a trusted name in advanced testing equipment, announces the Triplett MM700B True RMS Benchtop Digital Multimeter. This AC-powered True RMS meter is a versatile electronic measurement tool for laboratory, workshop, or benchtop settings. The instrument provides precise and accurate measurements of various electrical parameters in electronic circuits and components.

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The new Triplett MM700B True RMS Benchtop Digital Multimeter is a versatile electronic test and measurement tool for design, engineering, workshop, or benchtop settings.
MANCHESTER, N.H., Sept. 26, 2023 /PRNewswire-PRWeb/ -- Triplett Test Equipment & Tools , a trusted name in advanced testing equipment, announces the Triplett MM700B True RMS Benchtop Digital Multimeter .
This AC-powered True RMS meter is a versatile electronic measurement tool for laboratory, workshop, or benchtop settings.
Experience easy-to-use benchwork accuracy and efficiency with the Triplett MM700B True RMS Benchtop Digital Multimeter.

EQS-News: Aurubis AG: Aurubis subsidiary RETORTE expanding selenium production for profitable growth markets

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Thursday, June 22, 2023

Röthenbach, June 22, 2023 – Today marked the groundbreaking for the construction of a state-of-the-art production plant at Aurubis subsidiary RETORTE in Röthenbach a.d.Pegnitz.

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Röthenbach, June 22, 2023 – Today marked the groundbreaking for the construction of a state-of-the-art production plant at Aurubis subsidiary RETORTE in Röthenbach a.d.Pegnitz.
The plant will expand selenium production in keeping with “good manufacturing practice” (GMP) starting in mid-2025.
“For years now, RETORTE has successfully operated in the niche market of selenium production and is an important building block in our multimetal material cycle.
It turns raw selenium, a by-product of copper smelting, into valuable selenium products and markets them profitably,” Aurubis CFO Rainer Verhoeven explained at the groundbreaking.

EQS-News: Aurubis AG: Aurubis links factoring to sustainability criteria

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Friday, March 3, 2023

Sustainability, Lead, Copper, Selenium, Gold, Multimeter, News, Metal, Software, Nickel, Aurubis, MDAX, Tin, Zinc, Frankfurt Stock Exchange, ESG, Natural Resources, Security (finance), Recycling

Following a syndicated credit line and a bonded loan, Aurubis is now linking another instrument to the development of its EcoValdis rating.

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Following a syndicated credit line and a bonded loan, Aurubis is now linking another instrument to the development of its EcoValdis rating.
As such, the largest part of the financing for the Aurubis Group is now tied into its sustainability performance.
Aurubis is linking the new factoring program to its rating by the EcoVadis sustainability rating platform.
EcoVadis’ annual assessment reflects Aurubis’ sustainability achievements, and the link means they now directly influence how the factoring interest rate is calculated.

Digital Multimeter Market to Reach $1.1 Billion, Globally, by 2031 at 6.7% CAGR: Allied Market Research

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Tuesday, February 21, 2023

PORTLAND, Ore., Feb. 21, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Digital Multimeter Market by Product Type (Handheld, Desktop, Mounted), by Ranging Type (Auto-ranging, Manual), by Industry Vertical (Consumer Electronics, Automotive, Power Generation, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global digital multimeter industry was valued at $0.61 billion in 2021 and is estimated to generate $1.1 billion by 2031, witnessing a CAGR of 6.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

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However, the sale of low quality and cheap digital multimeters by local manufacturers hinders the global market growth.
During the COVID-19 pandemic, the global digital multimeter market experienced a mixed impact.
Based on product type, the handheld digital multimeter segment contributed to the largest share of nearly three-fifths of the global digital multimeter market in 2021 and is expected to dominate the market during the forecast period.
Consequently, the adoption of these advanced technologies drives the digital multimeter market in the region.

Digital Multimeter Market to Reach $1.1 Billion, Globally, by 2031 at 6.7% CAGR: Allied Market Research

Retrieved on:

Tuesday, February 21, 2023

PORTLAND, Ore., Feb. 21, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Digital Multimeter Market by Product Type (Handheld, Desktop, Mounted), by Ranging Type (Auto-ranging, Manual), by Industry Vertical (Consumer Electronics, Automotive, Power Generation, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global digital multimeter industry was valued at $0.61 billion in 2021 and is estimated to generate $1.1 billion by 2031, witnessing a CAGR of 6.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Key Points:

However, the sale of low quality and cheap digital multimeters by local manufacturers hinders the global market growth.
During the COVID-19 pandemic, the global digital multimeter market experienced a mixed impact.
Based on product type, the handheld digital multimeter segment contributed to the largest share of nearly three-fifths of the global digital multimeter market in 2021 and is expected to dominate the market during the forecast period.
Consequently, the adoption of these advanced technologies drives the digital multimeter market in the region.

EQS-News: Aurubis AG: Aurubis starts the new fiscal year strong with expected earnings at the upper end of the full-year forecast

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Monday, February 13, 2023

Despite inflation and higher energy prices, operating EBT for FY 2022/23 expected at the upper end of the forecast range

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Despite inflation and higher energy prices, operating EBT for FY 2022/23 expected at the upper end of the forecast range
Hamburg, February 06, 2023 – Aurubis AG (Aurubis) is off to a strong start for the new fiscal year.
The IFRS Group earnings before taxes (EBT) amounted to € 71 million (previous year: € 405 million).
Additionally, Aurubis copper products were in high demand, allowing Aurubis to achieve higher product revenues through price increases.
For the 2022/23 fiscal year as a whole, we expect earnings at the upper end of the forecast range," Aurubis CEO Roland Harings says.

EQS-News: Aurubis AG: Aurubis closes fiscal year with the best result in the company's history

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Sunday, January 22, 2023

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In the past fiscal year, Aurubis benefited from a substantially higher metal result with increased metal prices, especially for industrial metals such as copper, tin, and nickel.
The company realized a higher volume of product surcharges, due to the considerable increase in the level of demand for copper products.
Higher refining charges for other recycling materials and very good operating performance at Aurubis' Pirdop site in particular also contributed to the strong overall result.
Aurubis has around 6,900 employees, production sites in Europe and the USA, and an extensive distribution network around the world.

DGAP-News: Aurubis AG: Nine-month report: Aurubis AG continues with positive development and confirms forecast for year as a whole

Retrieved on:

Friday, August 5, 2022

We currently have a sufficient supply of energy at all of our sites, allowing us to produce without any restrictions.

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We currently have a sufficient supply of energy at all of our sites, allowing us to produce without any restrictions.
We are confirming the forecast range for operating EBT in the fiscal year as a whole of 500to600million, is how Aurubis Executive Board Chairman Roland Harings summarizes the companys very positive development.
The forecast is based on the assumption that Aurubis sites will continue to have access to an unrestricted supply of energy.
Aurubis AG is a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide.