financetom
Business
financetom
/
Business
/
Aurubis on track to open U.S. copper recycling plant by year's end, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Aurubis on track to open U.S. copper recycling plant by year's end, CEO says
Apr 17, 2024 7:10 AM

HOUSTON, April 17 (Reuters) - Aurubis is on

track to open its U.S. copper recycling plant in Georgia by

December as part of a plan to boost production and processing of

the metal in North America, its CEO said on Wednesday.

The $700 million facility, which is supported by U.S.

President Joe Biden's administration, will have an initial

capacity of 90,000 metric tons per year that will grow to

180,000 metric tons in a second phase, CEO Roland Harings told

the World Copper Conference in Santiago.

"We are finalizing the installation now of a

first-of-its-kind recycling facility in the U.S.," he said.

"It's very significant and it has room for growth."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BD Announces Record Date for the Spin-Off of its Biosciences & Diagnostic Solutions Business
BD Announces Record Date for the Spin-Off of its Biosciences & Diagnostic Solutions Business
Mar 10, 2026
Distribution date and closing date for spin-off and merger with Waters Corporation ( WAT ) set for February 9, 2026 FRANKLIN LAKES, N.J., Jan. 27, 2026 /PRNewswire/ -- BD (Becton, Dickinson and Company ( BDX )) (BD or the Company) today announced that the Company's Board of Directors has set the close of business on February 5, 2026, as the...
SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions
SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions
Feb 2, 2026
Feb 2 (Reuters) - Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk's AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot.  The deal, first reported by Reuters last week, represents one of the most ambitious tie-ups in the technology sector yet,...
SLB Fourth-Quarter Results Beat Estimates Amid Digital, Production Systems Business Strength
SLB Fourth-Quarter Results Beat Estimates Amid Digital, Production Systems Business Strength
Jan 23, 2026
10:21 AM EST, 01/23/2026 (MT Newswires) -- SLB's (SLB) fourth-quarter results came in ahead of Wall Street's estimates, driven by double-digit revenue growth in its digital and production systems divisions, as well as stabilized global upstream activity. The oilfield services company, formerly known as Schlumberger, on Friday reported adjusted earnings of $0.78 per share for the December quarter, down from...
Zeta Partners With OpenAI Over Athena Superintelligent Agent
Zeta Partners With OpenAI Over Athena Superintelligent Agent
Mar 10, 2026
04:01 AM EST, 01/06/2026 (MT Newswires) -- Zeta Global ( ZETA ) said late Monday it partnered with Microsoft ( MSFT )-backed (MSFT) OpenAI, under which the latter will support Athena's next phase of development. Financial terms weren't disclosed. Athena is Zeta's superintelligent agent for enterprise marketing, the company said, adding that it also introduced a beta version to Athena,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved