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Europe’s Top Copper Producer Looks to Cut Gas Usage in Germany

  • Aurubis makes contingencies for possible plant shutdowns
  • Company is lobbying for an industrial price cap in Germany
Molten copper pours into an anode casting wheel at the Aurubis metals plant in Hamburg, Germany.

Molten copper pours into an anode casting wheel at the Aurubis metals plant in Hamburg, Germany.

Photographer: Martin Leissl/Bloomberg

Aurubis AG, Europe’s largest copper producer, aims to minimize gas usage in Germany and pass on surging power costs to its customers as the region’s energy crisis deepens, Chief Executive Officer Roland Harings told investors.

The Hamburg-based company is looking to switch to alternatives like fuel oil, but is bracing for a potential restriction in gas supply that could impact its sprawling industrial operations in the country.