Aurubis AG

Um, we've also heard cathode premiums have come out, um, and, and will continue to come out across the, the, the coming weeks.

Um, so Aurubis' number came out yesterday.

Um, you know, how the market responds to that and what the cathode market looks like yes- next year in, in, in a physical sense.

You know, I think often when we talk about copper prices and stuff, uh, we're talking about paper trading and, and that kind of thing, but here we're talking about...

Um, we'll keep tabs on that next week.

Let's jump to cathode premiums.

Obviously, the, the Aurubis number came out yesterday.

Um, you're pretty quick to, to find that out.

And the commission said, quote, "The forty-six new projects are expected to require around twenty-one point one billion euros in capital investment mobilized from a combination of public and private sources." End quote.

Notable projects include the Zinnwald lithium project in Germany, the Skouries mine in Greece, Arcatel's planned aluminum smelter in Finland, and the Viscaria copper project in Sweden, as well as projects backed by major European industrial groups including Umicore, Aurubis, and Leonardo.

Strategic projects do not automatically receive EU funding.

Instead, the Commission said it, quote, "Facilitates access," end quote, to EU funding and helps connect project developers with lenders.