Europe’s largest copper producer Aurubis AG reported first-half core profit above expectations on Wednesday, helped by lower electricity and gas prices.
Second-quarter core profit, at 132 million euros, increased 16% from the year-ago period, while revenue fell 7% to 4.35 billion euros. But the firm’s first half result was boosted by “considerably higher” treatment and refining charges stemming from higher copper concentrate throughput at its sites, Aurubis added.
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