Aurubis, Europe’s largest copper producer, reported on August 5 higher-than-expected operating earnings before tax of €286 million (US $330 million) for the first nine months of its 2024‑2025 financial year, down from €333 million a year earlier but above analyst consensus of €281 million  . The result was driven by increased contributions from sulfuric acid, copper products, and precious metals. While maintaining full-year 2024–2025 guidance, the company narrowed its forecast to an EBIT range of €330–370 million, down from €300–400 million previously, and adjusted its expected return on capital employed to 8–10%, compared with 7–11% before  .

Aurubis said it anticipates continued tight supply of copper concentrates and recycled materials, which supports margins. The company is scaling up its copper recycling smelter operations in the U.S., with further investment potential. Although exports to the U.S. account for less than 1% of total revenues, new U.S. tariffs on copper pipe and wiring (set at 50%) may affect future trade flows