EQS-News

Aurubis AG: Aurubis and Codelco sign an agreement to cooperate on a more sustainable and responsible copper value chain

EQS-News: Aurubis AG / Key word(s): Miscellaneous Aurubis AG: Aurubis and Codelco sign an agreement to cooperate on a more sustainable and responsible copper value chain 30.01.2023 / 13:21 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release Aurubis and Codelco sign an agreement to cooperate on a more sustainable and responsible copper value chain

 

Santiago, Chile, January 30, 2023 – Yesterday Aurubis, a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide, and Codelco, the world's largest copper producer, signed a memorandum of understanding (MoU). In support of the German-Chilean Raw Materials Partnership, the agreement includes cooperating and sharing insights with the aim of contributing to building a more sustainable, responsible, and growing copper industry and value chain. In this context, it identifies potential areas of cooperation with respect to smelter operations and circular economy projects in Chile.

The document also contains an accord that stipulates a concerted effort to promote the Copper Mark, the gold standard for sustainability and supply chain integrity in the copper industry. The Copper Mark’s responsible production criteria are comprehensive and rigorous. They were derived from 32 internationally recognized, leading sustainability standards.

Roland Harings, CEO of Aurubis commented, "The world needs metals such as copper to achieve the climate targets as well as transform the industry. In the foreseeable future, primary materials will be needed to meet the constantly increasing global copper demand. That is why it is very important that participants along the entire value chain work together and adhere to certain standards. This is the only way we can ensure that metals are produced in a truly responsible way. Aurubis ambitiously and resolutely promotes the Copper Mark seal. We follow the continuous improvement approach with our business partners and hence I am sincerely convinced that our future cooperation with Codelco has the potential to make an immense contribution to advancing the sustainability of the supply chain.”