DGAP-News: Aurubis AG / Key word(s): Joint Venture 
Aurubis AG: Cablo GmbH - EU clears Aurubis and TSR joint venture 
2021-04-22 / 11:15 
The issuer is solely responsible for the content of this announcement. 
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Press Release 
Cablo GmbH: EU clears Aurubis and TSR joint venture 
- Commission clearance enables formation of the joint venture (TSR 60 %, Aurubis 40 %) 
- Cablo GmbH will sustainably close material cycles ("closing the loop") and further develop special cable recycling 
processes 
Hamburg/Lünen, April 22, 2021 - Today, the European Commission issued merger control clearance for the planned joint 
venture of Aurubis AG (Aurubis) and TSR Recycling GmbH & Co. KG (TSR). In November 2020, the two companies announced 
their intention to form a joint venture to unite the cable dismantling activities of Aurubis subsidiary Cablo 
Metall-Recycling und Handel GmbH in Fehrbellin (Cablo) and those of TSR in Gelsenkirchen with the objective of 
recovering copper granules and plastics. 
The joint venture will go by the name Cablo GmbH. TSR will hold 60 % of the joint venture as a partner, Aurubis AG 40 
%. All of the employees of Aurubis subsidiary Cablo in Fehrbellin, located in the German state of Brandenburg, and the 
employees working in cable pre-processing at the TSR site in Gelsenkirchen, located in the German state of North 
Rhine-Westphalia, will be part of the new joint venture. 
Cablo has specialized in recycling copper and aluminum cable since 1949 and produces a wide variety of metal granules. 
The company also fabricates plastic products from cable insulation. The TSR branch in Gelsenkirchen operates two cable 
granulators and processes various types of cable, likewise recovering different qualities of copper granules. 
Bernd Fleschenberg, COO of TSR: "By bundling the cable recycling expertise of Aurubis and TSR, we're fully focusing on 
pre-processing cable in this joint venture, particularly copper cable with a broad range of qualities. We are hoping 
for an even stronger boost in the quality of pre-processing, because copper and plastic recycling makes a significant 
contribution to protecting resources and the climate. Together, we're in a position to close material cycles along the 
entire value chain even more effectively in this sub-segment. This enables us to make a crucial contribution to 
enhancing the circular economy - and serves as a role model for other material flows as well." 
"I emphatically welcome the decision made by the European Commission today, which directly supports Aurubis' recycling 
strategy," affirms Roland Harings, CEO of Aurubis AG. "A world that needs more raw materials requires more capacities, 
as well as technologies to recycle these raw materials from products at the end of their respective lifespans. With 
Cablo GmbH, we will increase the volume of input materials on the one hand and create new solutions for the accumulated 
plastic materials on the other." He continued: "Ultimately, the purpose of Cablo GmbH is to strengthen the circular 
economy with the know-how of both companies and to contribute to the European Green Deal." 
The closing of the transaction is planned for early June of this year. The management of the future Cablo GmbH will 
consist of three members. 
Aurubis - Metals for Progress 
Aurubis AG is a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide. The 
company processes complex metal concentrates, scrap metals, and metal-bearing recycling materials into metals of the 
highest quality. Aurubis produces more than 1 million tons of copper cathodes annually, and from them a variety of 
products such as wire rod, continuous cast shapes, profiles, and flat rolled products made of copper and copper alloys. 
Aurubis produces a number of other metals as well, including precious metals, selenium, lead, nickel, tin, and zinc. 
The portfolio also includes additional products such as sulfuric acid and iron silicate. 
Sustainability is a fundamental part of the Aurubis strategy. "Aurubis responsibly transforms raw materials into value" 
- following this maxim, the company integrates sustainable conduct and business activities into the corporate culture. 
This involves a careful approach to natural resources, responsible social and ecological conduct in everyday business, 
and sensible, healthy growth. 
Aurubis has about 7,200 employees, production sites in Europe and the US, and an extensive service and distribution 
system in Europe, Asia, and North America. 
Aurubis shares are part of the Prime Standard Segment of the German Stock Exchange and are listed in the MDAX and the 
Global Challenges Index (GCX). 
Further information at www.aurubis.com 
TSR Recycling GmbH & Co. KG 
TSR Recycling GmbH & Co. KG - a company of the REMONDIS Group - is one of the leading companies in iron and non-ferrous 
metal recycling. 
At its 160 locations across Europe, about 3,300 employees take care of all of the work revolving around the topic of 
metal recycling. In addition to purchasing, sales, and material pre-processing, TSR performs any and all services 
related to scrap metal recycling for industry, business, and communities. 
With 80 pre-processing plants, the company recycles around 7.6 million tons of ferrous metals and roughly 0.6 million 
tons of non-ferrous metals annually, producing high-quality recycling raw materials that can be reused in production. 
TSR is therefore a key part of the circular economy and contributes to conserving resources and the environment. 
Further information at www.tsr.eu 
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2021-04-22 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Aurubis AG 
              Hovestrasse 50 
              20539 Hamburg 
              Germany 
Phone:        +49 (0)40 / 78 83 - 31 78 
Fax:          +49 (0)40 / 78 83 - 31 30 
E-mail:       a.seidler@aurubis.com 
Internet:     www.aurubis.com 
ISIN:         DE0006766504 
WKN:          676650 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1187701 
 
End of News   DGAP News Service 
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1187701 2021-04-22


 
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April 22, 2021 05:17 ET (09:17 GMT)