Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The European Commission cleared the formation of a joint venture (JV) between Aurubis and TSR to develop and recycle special copper cables.


The JV, which will be called Cablo GmbH was given the clearance last week after the two companies announced their plans to create the venture in November 2020. Under the plan, Aurubis’ subsidiary Cablo Metall-Recycling und Handel GmbH (Cablo) in Fehrbellin will merge with TSR’s Gelsenkirchen unit to dismantle used cables in order to recover copper granules and plastics.


TSR will hold a 60pc stake in the JV with Aurubis holding the balance 40pc. The companies plan to use Cablo’s 70-plus years of experience in recycling copper and aluminum cable to produce metal granules, with TSR’s processing expertise for various types of cables to form one recycling unit. The companies did not disclose the expected capacities or production volumes of the JV.


According to Roland Harings, chief executive officer of Aurubis, through the JV both the companies will not only lift the volume of input materials processed from copper and aluminum scrap but will also create new solutions for accumulated plastic waste.


The transaction is expected to close in early June.

Leave a Reply

Your email address will not be published.