Aurubis AG: Aurubis and Viscaria agree on memorandum of understanding for long-term copper offtake to secure critical raw materials

EQS-News: Aurubis AG / Key word(s): Miscellaneous Aurubis AG: Aurubis and Viscaria agree on memorandum of understanding for long-term copper offtake to secure critical raw materials 18.11.2025 / 14:02 CET/CEST The issuer is solely responsible for the content of this announcement. Aurubis and Viscaria agree on memorandum of understanding for long-term copper offtake to secure critical raw materials

• Memorandum of understanding for the long-term supply of around 50% of Viscaria’s copper mine output
• Mine project with strong ESG profile in northern Sweden ensures resilient supply chain and logistics with low CO₂ emissions
• Collaboration strengthens European raw material production and strategic mineral independence

 

Hamburg/Kiruna, November 18, 2025 — Aurubis AG, a leading global supplier of non-ferrous metals, and the Swedish mining company Viscaria agreed to enter into a memorandum of understanding for a long-term copper concentrate supply contract.

The offtake agreement is expected to cover approximately 50% of Viscaria’s projected copper concentrate output over an initial eight-year period from 2028 onwards with an extension option. If annual production increases during the term, the parties will discuss, in good faith, an adjustment to the contracted quantity. With its unique network of smelters, Aurubis is a reliable, long-term partner that continuously invests in improving its production.

The mine is expected to produce more than 25,000 tons of copper annually. The proximity of the asset in Kiruna in northern Sweden to Aurubis plants ensures logistics with a very low carbon footprint. Viscaria and Aurubis share the same values when it comes to responsible copper production. With its Tomorrow Metals sustainability promise, Aurubis is committed to staying best in class in all the sustainability challenges of today and the future and continuously creating more value while lowering its environmental footprint.