More strategic metals for Europe: Aurubis commissions modernized tankhouse
in Lünen

EQS-News: Aurubis AG / Key word(s): Miscellaneous
More strategic metals for Europe: Aurubis commissions modernized tankhouse
in Lünen

06.06.2024 / 17:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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More strategic metals for Europe: Aurubis commissions modernized tankhouse
in Lünen

* EUR 60 million investment in copper tankhouse overhaul

* Capacity increase for 10 % more copper cathodes

* Clear commitment to Aurubis Lünen site

Lünen, June 6, 2024 - Aurubis officially celebrated the launch of the
refurbished tankhouse for copper production at its recycling plant in the
German city of Lünen today. The modernized facility will increase production
capacity by around 10 % and generate up to 210,000 t of copper cathodes a
year. EUR 60 million went into future-proofing the tankhouse for the coming
decades and safeguarding the recycling site's long-term success. This is
because in addition to copper, large concentrations of other metals like
gold, tin and nickel can be processed as well.

"Global demand for raw materials is on the rise. As the largest multimetal
recycling site in Europe, Lünen is a cornerstone of the circular economy.
We're delivering more responsibly produced metals to the market with our
modernized tankhouse - for a successful energy transition. While
strengthening and securing our core business at the same time," Aurubis AG
COO Multimetal Recycling Inge Hofkens said.

Work on the tankhouse began in October 2020 and was completed on schedule.
Upgrades include the complete refurbishment of the tankhouse basins,
infrastructure improvements like a renovated roof, and investment in further
automation, such as state-of-the-art robot technology.

"I am particularly proud of the fact that we were able to keep the facility
running reliably at 80 % while construction was going on. A great
achievement by the whole team! Aurubis is advancing its pioneering role in
recycling by investing in renovating the tankhouse," Lünen Plant Manager
Verena von Weiss said.

"This significant investment of EUR 60 million is a clear signal of Aurubis'
commitment to the Lünen recycling site, to strong and efficient industry, to
protecting the climate, and to safeguarding jobs and apprenticeships. Modern
and responsible industrial companies like Aurubis are the foundation of our
region's prosperity," Lünen Mayor Jürgen Kleine-Frauns said.

The tankhouse is the last step in the copper refining process, in which
copper anodes - plates weighing about 400 kg with a copper content of up to
98 % recovered by melting down recycling raw materials in multiple upstream
steps - are electrochemically dissolved. The copper ions are deposited on
stainless steel plates, resulting in 99.99 % pure copper for optimal
conductivity in downstream applications. The other substances contained in
the anode, such as precious metals, precipitate out during electrolysis and
are then separated from each other in additional steps and refined in the
Aurubis Group network.

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


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06.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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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:    1919655

End of News EQS News Service
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1919655 06.06.2024 CET/CEST