Aurubis sets record 2027 copper premium: Aurubis stock sits 31.06 percent below its high

Published on 10/16/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month operating EBT rose 31.00 percent to EUR 374.00 million. Aurubis stock costs EUR 155.25 on October 16, 2026, 31.06 percent below its high.

Aurubis demand and earnings signals

Aurubis will charge USD 347.00 per metric ton in 2027 versus USD 315.00 in 2026, Reuters reported on October 14, 2026.
Nine-month operating EBT rose 31.00 percent to EUR 374.00 million in the period through June 2026.
Aurubis stock trades at EUR 155.25 at 10:35 a.m. CEST at Lang & Schwarz on October 16, 2026, minus 0.42 percent below the Xetra close of October 15, 2026.
The next reporting date is December 2, 2026.

Aquarell des Hamburger Hafens mit Kupferhütten-Schornsteinen und Elbe-Reflexionen — Aurubis AG Hamburger Hafen mit Kupferhütten-Schornsteinen und Elbe-Reflexionen als Aquarell, ISIN DE0006766504, Illustration mit AI erstellt.

Aurubis stock (ISIN DE0006766504) was trading at EUR 155.25 at Lang & Schwarz on October 16, 2026 at 10:35 a.m. CEST, minus 0.42 percent versus the Xetra close of October 15, 2026 at EUR 155.90. As Kitco News reported for Reuters on October 14, 2026, Aurubis will charge customers a record USD 347.00 per metric ton premium for refined copper in 2027, up 10.00 percent from USD 315.00 in 2026.

Record premium points to tight supply

The premium is paid above the London Metal Exchange copper price and gives Aurubis a direct commercial signal for next year's contracts. Reuters said three market sources provided the USD 347.00 figure, while Aurubis declined to comment on the exact level and pointed to strong expected demand in 2027.

What does the premium mean for earnings?

The latest operating figures provide the financial context. Aurubis reported nine-month revenue of EUR 17,769.00 million through June 2026, up 29.00 percent year over year, while operating EBT rose 31.00 percent to EUR 374.00 million, according to NadirAlpha. In the third quarter of 2026, revenue reached EUR 6,449.00 million, up 40.30 percent year over year, and net income rose 155.90 percent to EUR 114.00 million. The counter-factor is cost pressure: NadirAlpha reports net debt of EUR 686.00 million and free cash flow of minus EUR 330.00 million for that quarter.

Three dated steps for Aurubis

On September 29, 2026, Aurubis extended executive contracts through 2031 and 2032, as FinanzNachrichten reported. On October 7, 2026, the company approved a Hamburg sorting plant scheduled for operation by the end of 2028, the same outlet reported. On October 14, 2026, the USD 347.00 copper premium for 2027 became the latest commercial signal.

Next dates carry project context

The next reporting date is December 2, 2026, according to TradingView. The Hamburg sorting plant is scheduled for operation by the end of 2028, linking the near-term premium signal with a longer-term processing investment.

Stock stays below its yearly high

Aurubis has a market capitalization of EUR 6.8 billion as of October 16, 2026. Its 52-week range is EUR 102.00 to EUR 225.20, putting the Lang & Schwarz price 31.06 percent below the high. The company is listed on Xetra under NDA and is a member of the MDAX.

The stock was trading at EUR 155.25 at Lang & Schwarz on October 16, 2026 at 10:35 a.m. CEST, minus 0.42 percent versus the Xetra close of October 15, 2026 at EUR 155.90. The further course of trading is shown by the continuously updated real-time quote of Aurubis stock.