Latest news with #Aurubis
Business Insider
23-05-2025
- Business
- Business Insider
Aurubis (0K7F) Gets a Buy from Kepler Capital
In a report released on May 21, Boris Bourdet from Kepler Capital maintained a Buy rating on Aurubis (0K7F – Research Report), with a price target of €90.00. The company's shares closed last Wednesday at €77.80. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to Kepler Capital , Aurubis also received a Buy from Baader Bank's Christian Obst in a report issued on May 8. However, on May 9, Deutsche Bank maintained a Hold rating on Aurubis (LSE: 0K7F).
Yahoo
11-05-2025
- Business
- Yahoo
The Aurubis AG (ETR:NDA) Second-Quarter Results Are Out And Analysts Have Published New Forecasts
Aurubis AG (ETR:NDA) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It was a credible result overall, with revenues of €5.0b and statutory earnings per share of €9.53 both in line with analyst estimates, showing that Aurubis is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. After the latest results, the eight analysts covering Aurubis are now predicting revenues of €19.3b in 2025. If met, this would reflect an okay 6.4% improvement in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of €18.4b and earnings per share (EPS) of €6.32 in 2025. What's really interesting is that while the consensus made a small increase to revenue estimates, it no longer provides an earnings per share estimate. This suggests that revenues are now the focus of the business after this latest result. View our latest analysis for Aurubis There's been no real change to the consensus price target of €75.22, with Aurubis seemingly executing in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Aurubis at €90.00 per share, while the most bearish prices it at €54.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Aurubis shareholders. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Aurubis' past performance and to peers in the same industry. It's clear from the latest estimates that Aurubis' rate of growth is expected to accelerate meaningfully, with the forecast 13% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 5.8% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 2.2% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Aurubis is expected to grow much faster than its industry. The highlight for us was that the analysts increased their revenue forecasts for Aurubis next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at €75.22, with the latest estimates not enough to have an impact on their price targets. We have estimates for Aurubis from its eight analysts out to 2027, and you can see them free on our platform here. Before you take the next step you should know about the 2 warning signs for Aurubis (1 shouldn't be ignored!) that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Aurubis Reports Second Quarter 2025 Earnings
Revenue: €4.96b (up 14% from 2Q 2024). Net loss: €81.0m (down by 199% from €82.1m profit in 2Q 2024). We've discovered 2 warning signs about Aurubis. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in Europe. Performance of the market in Germany. The company's shares are up 1.5% from a week ago. Before you take the next step you should know about the 2 warning signs for Aurubis (1 is potentially serious!) that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Associated Press
08-05-2025
- Business
- Associated Press
Meridian Appoints Ausenco Brazil as Lead Engineer for the Cabaçal Definitive Feasibility Study and Signs LOI with Aurubis AG
Highlights: LONDON, UK / ACCESS Newswire / May 8, 2025 / Meridian Mining UK S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ('Meridian' or the 'Company') is pleased to announce that it has appointed Ausenco do Brasil Engenharia Ltda ('Ausenco') to undertake the Definitive Feasibility Study ('the DFS') for its advanced Cabaçal Au-Cu project ('Cabaçal'), located in Mato Grosso, Brazil. Ausenco is an internationally respected engineering firm with extensive global and Brazilian experience in conducting feasibility studies on projects similar to the scale of Cabaçal. On completion of the DFS, Meridian will be positioned to make a final investment decision on the Cabaçal build in 2026. Mr. Gilbert Clark, CEO, comments: 'Having completed the PEA and PFS on Cabaçal, the later delivering nearly a billion dollars in NPV for Cabaçal, I'm delighted to continue this long-term relationship with Ausenco by having them perform Cabaçal's DFS. With Ausenco's 'A' team on the DFS who are already familiar with Cabaçal means that we can kick off the study immediately, progress it rapidly, and after its potential successful reporting, focus on the build. I'm very pleased to have established an important corporate relationship with Aurubis that will greatly help to grow the Company from being a resource developer to a mining and exporting company. With the Agreement, we can now start preparing the Company to be compliant with the import regulations of Germany and the European Union, look to access strategic European equity and project financing facilities while maintaining our schedule to be Brazil's next near-term copper-gold-silver concentrate exporter'. Cabaçal Definitive Feasibility Study Launch Cabaçal's Pre-Feasibility Study (effective date March 10, 2025) delivered strong economic results with a base case after-tax NPV5 of USD 984 million and 61.2% IRR from a pre-production capital cost of USD 248 million ('the PFS'). This provides a strong platform from which to launch Cabaçal's DFS and it is expected that the core elements of the PFS will be further developed to the DFS level with minimal change. An updated resource and mine plan will be produced using drill results obtained after the PFS database was cut off. This will include such recent highlighted drill results1 of : Cabaçal's process flowsheet is expected to remain similar to that devised for the PFS with a moderately finer primary grind to be adopted. Ausenco has developed a schedule to complete Cabaçal's DFS and the time needed to generate the additional data required for the study's completion. This indicates that the study should be completed before the end of 1H 2026. The company has advanced on complementary contracts related to the DFS with groups such as Brazil's GE21 who were part of the PFS success. Aurubis LOI Meridian and Aurubis ('together the Parties') - a globally leading non-ferrous metals group - have signed a non-binding Letter of Intent to initiate a long-term corporate relationship and technical exchange to optimize Cabaçal's future high-quality copper-gold-silver sulphide concentrates ('the LOI'). The Parties will explore and exchange technical ideas to optimize future Cabaçal clean high-grade copper concentrate, with payable gold and silver credits, as outlined in Cabaçal's PFS, for Outotec flash smelter performance. Flash smelters are the most common type of copper smelters in Europe, where Aurubis operates two sites; Hamburg (Germany) and Zlatitsa-Pirdop (Bulgaria). The Parties will also work together to advance Meridian's future compliance to the EU Supply Chain Due Diligence Act and the OECD Due Diligence Guidance. The result of this co-operation by the Parties is that the Company will be prepared for the future regulatory compliance to export Cabaçal's copper concentrates to the 3rd largest market for copper concentrates, the European Union. Strategic Equity and Project Finance Process Meridian is actively engaging with international and domestic project finance banks and funds to advance the project financing process alongside the progress of the DFS. The LOI presents an opportunity to potentially access both debt and equity capital from German and other European government-backed institutions. This includes debt guarantees under the UFK Untied Loan Guarantee scheme and equity from the KfW2-managed Raw Materials Fund. Meridian's management has over a decade of funds management and banking relationships with KfW. Such future arrangements would be associated with a copper concentrate off-take agreement, of a proportion of Cabaçal's production, that would benefit a smelter group such as Aurubis or European manufacturers requiring copper units. About Meridian Meridian Mining is focused on: The Pre-feasibility Study technical report (the 'PFS Technical Report') dated March 31, 2025, entitled: 'Cabaçal Gold-Copper Project NI 43-101 Technical Report and Pre-feasibility Study' outlines a base case after-tax NPV5 of USD 984 million and 61.2% IRR from a pre-production capital cost of USD 248 million, leading to capital repayment in 17 months (assuming metals price scenario of USD 2,119 per ounces of gold, USD 4.16 per pound of copper, and USD 26.89 per ounce of silver). Cabaçal has a low All-in-Sustaining-Cost of USD 742 per ounce gold equivalent & production profile of 141,000-ounce gold equivalent life of mine, driven by high metallurgical recovery, a low life-of-mine strip ratio of 2.3:1, and the low operating cost environment of Brazil. The Cabaçal Mineral Reserve estimate consists of Proven and Probable reserves of 41.7 million tonnes at 0.63g/t gold, 0.44% copper and 1.64g/t silver (at a 0.25 g/t gold equivalent cut-off grade). Readers are encouraged to read the PFS Technical Report in its entirety. The PFS Technical Report may be found under the Company's profile on SEDAR+ at and on the Company's website at The PFS Technical Report was prepared for the Company by Tommaso Roberto Raponi (P. Eng), Principal Metallurgist with Ausenco Engineering Canada ULC; Scott Elfen (P. E.), Global Lead Geotechnical and Civil Services with Ausenco Engineering Canada ULC; John Anthony McCartney, Ausenco Chile Ltda.; Porfirio Cabaleiro Rodriguez (Engineer Geologist FAIG), of GE21 Consultoria Mineral; Leonardo Soares (PGeo, MAIG), Senior Geological Consultant of GE21 Consultoria Mineral; Norman Lotter (Mineral Processing Engineer; of Flowsheets Metallurgical Consulting Inc.; and, Juliano Felix de Lima (Engineer Geologist MAIG), of GE21 Consultoria Mineral. On behalf of the Board of Directors of Meridian Mining UK S Mr. Gilbert Clark - CEO and Director Meridian Mining UK S 8th Floor, 4 More London Riverside London SE1 2AU United Kingdom Email: [email protected] Ph: +1 778 715-6410 (BST) Stay up to date by subscribing for news alerts here: Follow Meridian on Twitter: Further information can be found at: Cautionary Statement on Forward-Looking Information Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading 'Risk Factors' in Meridian's most recent Annual Information Form filed on While these factors and assumptions are considered reasonable by Meridian, in light of management's experience and perception of current conditions and expected developments, Meridian can give no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Meridian disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. 1 Meridian Mining News Releases of February 24, 2025 and April 29, 2025. 2 KfW, 'Kreditanstalt fuer Wiederaufbau',is the German state-owned investment and development bank, based in FrankfurtSOURCE: Meridian Mining SE press release
Reuters
09-04-2025
- Business
- Reuters
Germany's Aurubis to ramp up new US copper recycling facility
SANTIAGO, April 8 (Reuters) - Aurubis ( opens new tab will be ramping up its copper recycling smelter in the U.S. this year, the German company's CEO Toralf Haag told Reuters on Wednesday, adding Aurubis sees more potential for investment in future years. Aurubus has invested $800 million building the project, which took four years. Haag said it will process 180,000 metric tons of complex copper scrap and produce 70,000 tons of refined metal annually. "North America is an attractive market. There is no large recycling facility in North America up to now, the majority of the scrap is exported," Haag said in an interview on the sidelines of the CESCO and CRU copper conferences. The U.S. exported nearly 960,000 tons of copper scrap last year, according to information provider Trade Data Monitor (TDM), of which 41% was shipped to China, 11% to Canada and 10% to Thailand. U.S. President Donald Trump has ordered an investigation on the potential for import tariffs on copper including scrap, aiming to encourage more local production of the metal used in the power and construction industries. "The decision to invest in a recycling operation could play an even more important role now, having a facility in the U.S. is beneficial for us," Haag said, adding that the site in Richmond was Aurubis' only operation in the U.S. Aurubis could invest in further recycling capacity in the U.S. "Currently Aurubis focuses on delivering on the Richmond project," Haag said. Sources of copper scrap include the auto industry and cables from telecoms companies. Aurubis expects data centres to be a source of scrap in the future. "Copper in data centres lasts three to five years, then it needs to be replaced because the technology is moving so fast." Data centres for artificial intelligence are expected to be a major source of future copper demand.
