Aurubis Stock Holds Strong Amid Delayed Recycling Project
Aurubis AG's stock price has benefited from stronger earnings and a higher profit outlook for the 2025/26 financial year, despite a six-month delay in the ramp-up of its Richmond US recycling project.
The company now expects its operative pre-tax profit (EBT) to reach the upper end of a previously communicated corridor of EUR425 million to EUR525 million for the 2025/26 financial year, after increasing operative EBT by 31 percent to EUR374 million in the first nine months of that year.
The Richmond project's start has been pushed back into the 2026/27 financial year, with its second phase now expected in 2027/28. However, Aurubis' management confirmed that this delay is not a fundamental change to the project economics and that the Richmond facility remains a core pillar of its international recycling growth strategy.
Aurubis shares have gained 44 percent since the start of 2026, with recent data pointing to a closing price of EUR177.50 at the end of the latest trading session, underscoring that the stock has significantly outperformed many European industrial names during the year amid elevated copper prices and strong demand from sectors such as artificial intelligence data centers, electrification and renewable energy.