Precious metals, Luvata integration offset lower copper prices for Aurubis
May 14, 2012 | 09:55 AM
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Aurubis achieved pre-tax earnings of €346 million ($446 million) in the first half of its fiscal year, down 3.4% as a drop in average copper prices was offset by higher precious metal sales and additional revenues arising from the integration of Luvata’s rolled products business.
The company’s primary copper unit produced 465,000 tonnes of copper cathodes in its first half ended March 30, up 8,000 tonnes year....
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