Aurubis AG Secures Copper Supply with Viscaria Agreement

Aurubis AG and Viscaria have signed a memorandum of understanding to secure long-term copper concentrate supply. The agreement covers 50% of Viscaria's output over eight years starting in 2028. The collaboration aims to reinforce European mineral independence and secure a sustainable copper supply. Proximity to Kiruna, Sweden ensures low CO2 logistics. Aurubis emphasizes responsible production with its Copper Mark certifications.

Viscaria seeks to maintain high ESG standards and operate among the top 5% of low-emission mines. It recently secured carbon-neutral electricity for its operations. The project also focuses on community development in Kiruna, setting advanced water treatment standards.

This collaboration highlights European efforts under the Critical Raw Materials Act to strengthen local supply chains and reduce reliance on external sources.