UPDATE 1-Copper producer Aurubis to grow organically rather than through deals, CEO says [Yahoo! Finance]
AURUBIS AG UNSP/ADR (AIAGY)
NASDAQ:AMEX Investor Relations:
aurubis.com/en/investor-relations/overview
Company Research
Source: Yahoo! Finance
SANTIAGO, April 17 (Reuters) - Aurubis, Europe's largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO said on Wednesday. The company, which is emerging from a 2023 scandal when its copper was stolen by an organized crime ring, is set to open a U.S. recycling facility by December. That project is seen as a blueprint for the construction of similar facilities elsewhere because there are no viable takeover options, Roland Harings told Reuters on the sidelines of the World Copper Conference in Santiago. "We have to grow organically because for our strategy there are no real (M&A) targets," he said. "We want to grow in recycling." The $700 million Augusta, Georgia facility, the company's first project outside of Europe, will have an initial capacity of 90,000 metric tons per year that will grow to 180,000 metric tons in a second phase. "What we have done th
Show less
Read more
Impact Snapshot
Event Time:
AIAGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AIAGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AIAGY alerts
High impacting AURUBIS AG UNSP/ADR news events
Weekly update
A roundup of the hottest topics
AIAGY
News
- Oxygen-Free Copper Market worth $40.4 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Aurubis on track to open U.S. copper recycling plant by year's end, CEO says [Reuters]Reuters
- Germany's €23 Billion Green Experiment to Save Its Industrial Economy [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Germany's €23 Billion Green Experiment to Save Its Industrial Economy [BNN Bloomberg (Canada)]BNN Bloomberg
- Aurubis to work with Codelco on sustainable copper mining [Reuters]Reuters