Aurubis AG

Mining
ETR: NAD
Germany
Aurubis

“The Islamic Republic of Iran and Germany’s Aurubis AG are set to look into ways of cooperating in the area of copper industry. Mehdi Karbassian, director of Iran’s Mines and Mining Industries Development and Renovation (IMIDRO), a major state-owned holding company active in the mining sector, has announced a plan by a team of Germany’s Aurubis AG to visit Iran for economic cooperation in the near future. The official pointed to his recent trip to Germany and his visit to Aurubis HQ in Hamburg, where he said German company officials pointed to their readiness to cooperate with Iran and invest in its copper industry, Tasnim news agency reported. Karbassian said Aurubis, which is the largest copper producer in Europe and the biggest copper recycler in the world, declared its intention to send a team to Tehran in the near future when the two sides will discuss cooperation further.” (Press TV, “‘Iran’s IMIDRO, German Aurubis to tap joint potentials’,” 6/5/2016)