News: Aurubis AG (AIAGF.PK)
24 Oct 2014
Fri, Dec 12 2014
(Adds detail, modernisation of Bulgarian plant from paragraph five)
HAMBURG, Dec 12 - Copper ore refining charges are likely to rise sharply in 2015 following initial contract settlements reported in China, the CEO of Europe's largest copper refiner Aurubis said on Friday.
FRANKFURT - Aurubis , Europe's biggest copper smelter, on Friday said it expected a "significant" rise in operating earnings in its new fiscal year after posting a 21 percent increase in operating pretax profit for the last one.
* FY operating pretax profit 138 mln eur vs poll avg 125 mln
FRANKFURT, Dec 12 - Aurubis, Europe's biggest copper smelter, said it expects a "significant" rise in operating earnings this fiscal year after posting a 21 percent increase in operating pretax profit for last year.
* Spot market premiums slump to lowest since June (Updates with comments, background)