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EQS-News: Aurubis AG / Key word(s): Miscellaneous
Aurubis AG: Largest planned maintenance shutdown at Aurubis Hamburg plant successfully concluded
2024-07-12 / 11:06 CET/CEST
The issuer is solely responsible for the content of this announcement.
Largest planned maintenance shutdown at Aurubis Hamburg plant successfully concluded
. 500 individual maintenance and modernization measures completed
. For a sustainable future: Hydrogen-ready anode furnaces installed and carbon-free industrial heat
expanded
. Almost a quarter of a billion euro invested in the Hamburg site
Hamburg, July 12, 2024 - Yesterday, Aurubis successfully wrapped up the largest maintenance shutdown in company
history at the Hamburg site. During the shutdown, the company also executed investment projects for hydrogen-ready
anode furnaces and the expansion of carbon-free industrial heat.
It was the largest shutdown in the history of Aurubis Hamburg with roughly 500 individual tasks and an around EUR 95
million budget for plant maintenance and technical upgrades. These included technically inspecting the waste heat
boiler, overhauling the flash smelter, and installing heat exchangers in the contact acid plant - important investments
in the Hamburg plant's efficiency and environmental protection. Aurubis also installed a tap hold drill and tamping
machine, which will automate slag tapping in copper production in the future, ensuring better safety.
Around 2,000 people were involved in the large-scale project including 1,500 workers from partner companies, suppliers
and service providers. "We executed all the shutdown tasks with the highest quality - a technical and logistical tour
de force, given the extreme complexity of the shutdown," Aurubis Chief Transformation Officer Markus Kramer emphasized.
"Occupational health and safety were top priorities during the shutdown, as they are in regular operations. And we
effectively ensured a safe working environment with a comprehensive concept, clear rules, and good communication,"
Kramer added.
"I am proud of the entire team and our partners for the flawless completion of all the work accomplished during the
shutdown. Now we will safely and reliably resume production," Hamburg Aurubis Plant Manager Michael Jordan affirmed.
During the 2022 and 2024 shutdowns, Aurubis realized extensive investments in plant equipment along with numerous
digitalization and automation measures that will help the company achieve a significantly higher degree of efficiency
and stability in production. Challenges in the manufacturing process will be identified at an early stage so they can
be addressed in good time to ensure longer useful lifespans until the next shutdown. This stable foundation will allow
Aurubis to again extend the frequency of the planned maintenance shutdowns from two to three years in the future. By
extensively modernizing key equipment, Aurubis consistently aims to further increase already high plant availability.
H[2]-ready anode furnaces: More climate-friendly production with hydrogen
Along with the comprehensive maintenance and renewal work, the company also executed two strategic projects during the
shutdown that further expand Aurubis' pioneering role in sustainability. The multimetal supplier swapped out its anode
furnaces, equipment essential for copper refining, with new, innovative furnaces that are hydrogen ready. They can be
fueled with hydrogen instead of natural gas - and then only emit water vapor, eliminating carbon dioxide as a
by-product. An important step in decarbonizing metal production and along Aurubis' path to carbon-neutral production
well before 2050. Using only hydrogen as a reduction agent at the Hamburg site, this EUR 40 million investment will allow
the company to prevent at least 5,000 t of CO[2] a year, further reducing the carbon footprint of its copper, already
well below the industry average today.
"This strategic investment represents another milestone along our path towards carbon neutrality, and demonstrates at
the Hamburg site that as an industry, we are an important part of the solution for accelerating decarbonization,"
Aurubis CEO Roland Harings emphasized. "Aurubis is a pioneer for sustainable solutions in the sector - as we have
clearly demonstrated by expanding carbon-free industrial heat for the households of Hamburg."
Expansion: more carbon-free industrial heat for Hamburg households
During the shutdown, Aurubis also invested around EUR 100 million in laying the technical groundwork for feeding more
carbon-free industrial heat into Hamburg's district heating network. Aurubis has been supplying heat since 2018 and
with the addition of the second stage, the multimetal company can now heat a total of up to 28,000 households in
Hamburg as of the 2024/25 heating period. The anticipated heat volume makes this the largest industrial heat project in
Germany, avoiding up to 120,000 t of CO[2] in the city of Hamburg every year.
Aurubis is part of the Living Lab Northern Germany with both strategic projects. Industrial Heat, a joint project with
the Hamburg Energiewerken utility company, received funding from the German Ministry for Economic Affairs and Climate
Action (BMWK).


Aurubis - Metals for Progress
Aurubis AG is a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide. The
company processes complex metal concentrates, scrap metals, organic and inorganic metal-bearing recycling materials,
and industrial residues into metals of the highest quality. Aurubis produces more than 1 million tons of copper
cathodes annually, and from them a variety of products such as wire rod, continuous cast shapes, profiles, and flat
rolled products made of copper and copper alloys. Aurubis produces a number of other metals as well, including precious
metals, selenium, lead, nickel, tin and zinc. The portfolio also includes additional products such as sulfuric acid and
iron silicate.
Sustainability is a fundamental part of the Aurubis strategy. "Aurubis responsibly transforms raw materials into value"
- following this maxim, the company integrates sustainable conduct and business activities into the corporate culture.
This involves a careful approach to natural resources, responsible social and ecological conduct in everyday business,
and sensible, healthy growth.
Aurubis has around 7,200 employees, production sites in Europe and the US, and an extensive distribution network around
the world.
Aurubis shares are part of the Prime Standard Segment of the German Stock Exchange and are listed in the MDAX, the
Global Challenges Index (GCX), and the STOXX Europe 600.
More information at www.aurubis.com
2024-07-12 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:     English 
Company:      Aurubis AG 

Hovestrasse 50
20539 Hamburg
Germany

Phone:        +49 (0)40 / 78 83 - 31 78 
Fax:          +49 (0)40 / 78 83 - 31 30 
E-mail:       a.seidler@aurubis.com 
Internet:     www.aurubis.com 
ISIN:         DE0006766504 
WKN:          676650 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, 

Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1945355

End of News EQS News Service
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1945355 2024-07-12 CET/CEST

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July 12, 2024 05:06 ET (09:06 GMT)