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Aurubis' Bulgarian plant cuts 9-mo output due to shutdowns

Author Mario Tanev
Aurubis' Bulgarian plant cuts 9-mo output due to shutdowns Photo: Aurubis Bulgaria / All rights reserved.

SOFIA (Bulgaria), September 3 (SeeNews) - Hamburg-based copper producer Aurubis said that the concentrate throughput of its Bulgarian plant, located in the town of Pirdop, fell by an annual 19% to 849,000 tonnes in the first nine months of its 2018/2019 financial year, started October 1, 2018.

"Apart from unplanned shutdowns in Q1 2018/19, a planned maintenance shutdown carried out at our Pirdop site in May/June 2019 negatively impacted concentrate throughput," Aurubis said in an interim financial statement last month.

Cathode output at the Pirdop plant decreased by 7% year-on-year to 157,000 t, while sulfuric acid production dropped 21% to 824,000 t. in the first three quarters of the company's 2018/2019 fiscal year.

In the third quarter of Aurubis' 2018/2019 fiscal year, concentrate throughput at Pirdop dropped 37% on the year to 217,000 t, cathode output fell 16% to 47,000 t, while sulfuric acid production was 35% lower at 217,000 t.

The average copper price throughout the first nine months of Aurubis' 2018/2019 financial year was $6,167 (5,636 euro) per tonne, 10% lower year-on-year.

($ = 0.9140 euro)