HAMBURG, Sept 24 (Reuters) - Aurubis AG,
Europe's largest copper producer, said on Wednesday it had
started production at its newly built U.S. metal recycling plant
at Richmond in Georgia.
The plant will reduce the need for U.S. metal imports, with
production expected to reach full capacity in the first half of
2026, Aurubis said.
With an investment of about $800 million, the plant will
process up to 180,000 metric tons of complex waste recycling
material annually, including printed circuit boards, copper
cable and other metal-bearing products.
Production will include 70,000 tons of high-grade blister
copper with purity of 98-99%, along with nickel, tin, and
precious metals.
"We intend to sell the copper primarily to U.S. customers,"
an Aurubis spokesperson said. "This will enable us to meet the
growing demand for strategic metals such as copper in the U.S.
and elsewhere."
The U.S. currently has a copper demand of around 1.8 million
tons per year, with around half imported. The Richmond plant
will be a fast method to reduce imports, Aurubis said.
The blister copper produced by Aurubis Richmond can also be
further processed into high-purity copper and copper products in
Aurubis' international smelting network in Europe.
Aurubis CEO Toralf Haag said the company may consider more
projects in the United States.
"With the high availability of recycling material and good
local conditions, the American market offers Aurubis appealing
prospects that we will continue to consider closely in the
future as well," Haag said.