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Category: Industrial

Aurubis earnings up 17%

Aurubis AG has reported operating earnings before taxes of euro130 million ($134.8 million) for the first quarter of its fiscal year 2024/25, up around 17% on the figure for the equivalent period of last year (€111 million or $115.1 million). The company’s Custom Smelting & Products (CSP) segment posted €125 million ($129.7 million) in EBT compared with €107 million ($111 million) in the previous year. CSP comprises production facilities for processing copper concentrates as well as for manufacturing and marketing standard and specialty products, such as cathodes, wire rod, continuous cast shapes, strip products, sulphuric acid and iron silicate, via smelters in Hamburg and Pirdop, Bulgaria. The company attributes the higher EBT to higher metal prices, considerably increased sulphuric acid revenues, and robust earnings from copper product sales and lower costs, which more than compensated for a year-over-year decline in treatment and refining charges with lower concentrate throughput.

MOL co-produces HVO and SAF

MOL Group has produced a diesel fuel containing hydrotreated vegetable oil (HVO), and sustainable aviation fuel (SAF) at the Slovnaft refinery in Bratislava. The HVO was produced using oil from cashew nut shells and the biocomponent produced this way was processed together with crude oil. MOL has already been using co-processing at its Danube Refinery in Százhalombatta for some years, mixing plant residues, as the bio and fossil fuel components are processed simultaneously during production. The SAF at Bratislava was also produced via co-processing, using partially refined cooking oil together with more traditional raw materials.

Glencore looking to extend life of Mt Isa

Glencore says it is working with the Queensland government to secure the future of the Mount Isa copper smelter. The company had previously indicated that it would close the smelter in 2030, but recent media reports suggest that the government is looking at assistance to keep the smelter operational, which currently treats more than 1 million t/a of copper concentrate and supplies sulphuric acid to other industries locally, including phosphate production.

Contract expected on oil project

Spetco’s contract with the Kuwait Oil Company (KOC) to install depletion compression systems and sulphur recovery units (SRUs) is said to be awaiting final approval. The $460 million project will upgrade two key facilities in North Kuwait, and Spetco says that it expects project execution will start quickly after final approval. The project involves installing new units at the Early Production Facility 50 (EPF-50) and Jurassic Production Facility 3 (JPF-3) using uses a build-own-operate-transfer (BOOT) contract model. The contract was originally tendered in 2023, but scope changes meant that the deadline has been extended several times.

Attempts to rein in smelter overcapacity

The Chinese government has issued a development plan for the country’s copper smelting industry covering the years 202527 which is looking to reduce the level of overcapacity in the sector. New copper smelters must now control sufficient copper mine supply via ownership or equity stakes to cover their production requirements, something few smelters do at present. Chinese smelter output has reached record levels, with treatment charges falling to historically low levels as producers compete for copper concentrate – China imports around 85% of its copper concentrate. Meanwhile more smelter capacity is planned, with around 1 million t/a of new capacity scheduled for 2025. The country aims to boost domestic copper mine resources by 5% to 10% in three years to secure raw material supply, according to the government plan. China will also encourage copper smelters to sign long-term purchase agreements with global miners, boost imports of copper blister and anode, and encourage scrap imports.

NextChem awarded refinery SRU improvement contract

Maire Group says that its NextChem (Sustainable Technology Solutions) subsidiary has been awarded a three-year contract by Saudi Aramco Total Refining and Petrochemical (SATORP) – a joint venture between Saudi Aramco and TotalEnergies – to provide engineering and technology services related to the sulphur recovery complex of SATORP’s refinery in Jubail, Saudi Arabia. NextChem will provide process and engineering advisory services to enhance performance, support operational troubleshooting, and improve energy efficiency and the carbon footprint of the three units (sulphur recovery unit, amine regeneration unit and sour water stripper) which comprise the sulphur recovery complex. The services will also include recommendations for capital investment opportunities, design enhancements, and technology improvements.

TotalEnergies to decarbonise its refineries in Northern Europe

TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands for the production and delivery of some 45,000 t/a of green hydrogen produced using renewable power, generated mostly by the OranjeWind offshore wind farm, developed by TotalEnergies (50%) and RWE (50%). These projects will cut CO2 emissions from TotalEnergies’ refineries in Belgium and the Netherlands by up to 450,000 t/a and contribute to the European renewable energy targets in transport.