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Poor scrap availability and lower refining charges lead to drop in Aurubis’ earnings

Copper group expects: no short-term recovery on scrap market

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(D) – Aurubis AG, Europe’s largest copper producer and the world’s biggest copper recycler, fell deep into the red in the financial year 2012/13 ended 30 September. The Hamburg-based company reported in mid-December that it had posted a consolidated loss of €153m under IFRS compared to a profit of €363m in ...

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