Aurubis

DE0006766504

Aurubis AG (formerly Norddeutsche Affinerie AG) is listed on the stock exchange and is the largest copper producer in Europe (the second largest in the world) and the largest copper recycler worldwide. Its headquarters is in Hamburg, Germany. After the acquisition of the Belgian copper producer Cumerio by Norddeutsche Affinerie AG on 18 February 2008, the company re-branded itself as Aurubis as of 1 April 2009. Aurubis produces more than one million tonnes of copper cathodes annually and from them a variety of copper products. It employs about 6,300 people (updated: September 2011).

Aurubis has been a target of short sellers for a while. The current short interest of 1.69% is roughly at the average of the last 12 months (2.91%).

History