Aurubis

Copper Cathode Market to grow by USD 7.82 million during 2022-2027 | Rising demand for copper cathode from construction, electronics, and automotive industries to drive the growth - Technavio

Retrieved on: 
Wednesday, September 27, 2023

Rising demand for copper cathode from the construction, electronics, and automotive industries drives the copper cathode market.

Key Points: 
  • Rising demand for copper cathode from the construction, electronics, and automotive industries drives the copper cathode market.
  • Various industries, namely construction, electronics, and automotive industries, are creating demand for copper cathodes.
  • The rising demand can be attributed to factors such as population growth, urbanization, technological advancements, and increased automobile production.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Global Solar Panel Recycling Market Size Projected to Reach USD 477.74 Million By 2032, at a CAGR of 12.9%: Report by Polaris Market Research

Retrieved on: 
Monday, September 25, 2023

Rising investments and high-value prospects: Increasing investments in solar power generation and the renewable energy sector's experienced high value are boosting the solar panel recycling market growth.

Key Points: 
  • Rising investments and high-value prospects: Increasing investments in solar power generation and the renewable energy sector's experienced high value are boosting the solar panel recycling market growth.
  • The advancement of solar technology is anticipated to encourage investment and present new opportunities for industry participants to expand.
  • Shift towards renewable sources: Rising shift from conventional to renewable sources is fueling the solar panel recycling market sales.
  • Modules of silicon solar panels are expected to last for at least 25 years, which will boost the solar panel recycling market demand over the forecast period.

EQS-News: Aurubis AG: Extraordinary inventory completed and new forecast for 2022/23 fiscal year

Retrieved on: 
Monday, September 25, 2023

Hamburg, September 19, 2023 – Today, Aurubis AG announced the results of the extraordinary inventory that was carried out on August 31, 2023 in the aftermath of the theft and fraud cases.

Key Points: 
  • Hamburg, September 19, 2023 – Today, Aurubis AG announced the results of the extraordinary inventory that was carried out on August 31, 2023 in the aftermath of the theft and fraud cases.
  • Based on these losses and the economic trend expected in Q4 2022/23, Aurubis has adjusted its forecast.
  • For the current 2022/23 fiscal year, the company anticipates an operating result between € 310 and € 350 million.
  • The company had already retracted the previous operating result forecast of € 450 to € 550 million in the ad hoc release dated August 31.

Scrap Metal Recycling Market size worth USD 112.94 Billion, Globally, by 2030 at 7.58% CAGR: Verified Market Research®

Retrieved on: 
Thursday, August 31, 2023

JERSEY CITY, N.J., Aug. 31, 2023 /PRNewswire/ -- The Global Scrap Metal Recycling Market is projected to grow at a CAGR of 7.58% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 58.49 Billion in 2021 and is expected to reach USD 112.94 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Scrap Metal Recycling Market, including its growth prospects, market trends, and market challenges.
  • JERSEY CITY, N.J., Aug. 31, 2023 /PRNewswire/ -- The Global Scrap Metal Recycling Market is projected to grow at a CAGR of 7.58% from 2023 to 2030, according to a new report published by Verified Market Research®.
  • The global scrap metal recycling market is experiencing robust growth as industries increasingly adopt sustainable practices while meeting rising demands.
  • The surge in demand for scrap metal across various sectors, such as steel, automotive, metal manufacturing, and construction, is a primary driver of the Global Scrap Metal Recycling Market.

Scrap Metal Recycling Market size worth USD 112.94 Billion, Globally, by 2030 at 7.58% CAGR: Verified Market Research®

Retrieved on: 
Thursday, August 31, 2023

JERSEY CITY, N.J., Aug. 31, 2023 /PRNewswire/ -- The Global Scrap Metal Recycling Market is projected to grow at a CAGR of 7.58% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 58.49 Billion in 2021 and is expected to reach USD 112.94 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Scrap Metal Recycling Market, including its growth prospects, market trends, and market challenges.
  • JERSEY CITY, N.J., Aug. 31, 2023 /PRNewswire/ -- The Global Scrap Metal Recycling Market is projected to grow at a CAGR of 7.58% from 2023 to 2030, according to a new report published by Verified Market Research®.
  • The global scrap metal recycling market is experiencing robust growth as industries increasingly adopt sustainable practices while meeting rising demands.
  • The surge in demand for scrap metal across various sectors, such as steel, automotive, metal manufacturing, and construction, is a primary driver of the Global Scrap Metal Recycling Market.

EQS-News: Salzgitter Aktiengesellschaft: Salzgitter AG with successful first half year 2023

Retrieved on: 
Friday, August 11, 2023

In particular, the Steel Processing and Steel Production business units, along with the Technology Business Unit, contributed to this result.

Key Points: 
  • In particular, the Steel Processing and Steel Production business units, along with the Technology Business Unit, contributed to this result.
  • This documents the continued very robust balance sheet and strong financial position of Salzgitter AG.
  • As Gunnar Groebler, Salzgitter AG’s Chief Executive Officer, comments:
    “Despite the deterioration in the economic environment, the Salzgitter Group delivered a gratifying half-year result.
  • I am also particularly pleased with the very first evaluation of Salzgitter AG by rating agency EcoVadis that was successfully concluded in June.

EQS-News: Aurubis AG: Aurubis with stable operating result in the first nine months of 2022/23

Retrieved on: 
Monday, August 7, 2023

In the first nine months, the company generated operating earnings before taxes (EBT) of € 406 million (previous year adjusted: € 426 million).

Key Points: 
  • In the first nine months, the company generated operating earnings before taxes (EBT) of € 406 million (previous year adjusted: € 426 million).
  • In Q3, which ended on June 30, 2023, the multimetal company generated a roughly 20 % increase in operating EBT to € 115 million (previous year adjusted: € 95 million).
  • “In the third quarter, we again demonstrated that Aurubis is continuing on its successful path and generating solid results,” Aurubis CEO Roland Harings said.
  • IFRS consolidated earnings* before taxes (EBT) were € 207 million (previous year: € 793 million) in the first nine months of 2022/23.

EQS-News: Aurubis AG: H2-ready: Aurubis investing in hydrogen-capable anode furnaces in the Hamburg plant

Retrieved on: 
Friday, August 4, 2023

Hamburg, August 4, 2023 – Aurubis already produces copper with less than half the average global carbon footprint today.

Key Points: 
  • Hamburg, August 4, 2023 – Aurubis already produces copper with less than half the average global carbon footprint today.
  • The conversion in the Hamburg plant will be carried out as part of the plant’s routine maintenance shutdown slated for spring 2024.
  • The new anode furnaces will play a vital role in the copper production process in Hamburg.
  • “By replacing the anode furnaces, we are achieving another milestone in our decarbonization strategy,” said Aurubis AG CEO Roland Harings.

EQS-News: Aurubis AG: Aurubis invests around € 60 million in the Pirdop site and concludes maintenance shutdown in Bulgaria as planned

Retrieved on: 
Wednesday, June 28, 2023

“The successful completion of the large-scale shutdown in Pirdop demonstrates our ability to execute complex, major projects on schedule and within the planned budget.

Key Points: 
  • “The successful completion of the large-scale shutdown in Pirdop demonstrates our ability to execute complex, major projects on schedule and within the planned budget.
  • This is an essential skill for realizing our comprehensive strategic agenda,” said Heiko Arnold, COO Custom Smelting & Products of Aurubis AG.
  • “The regular maintenance shutdown also represents a considerable investment in the reliability and sustainability of our facilities.
  • With a total investment volume of around € 60 million, the project was completed in the planned timeframe and budget.

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

Retrieved on: 
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.

Key Points: 
  • 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.