Aurubis and Prysmian Sign Their Largest-Ever Long-Term Copper Wire Rod Supply Agreement 中文快讯

Germany-based secondary metals supplier Metycle has secured a US$150 million asset-backed credit facility from Rivonia Road Capital to expand its sourcing and supply of secondary copper and aluminium. The financing covers the entire physical trade cycle—from supplier payment and material procurement through logistics to final buyer settlement—allowing Metycle to execute larger transactions, move greater volumes of recycled metals and increase supply to industrial buyers and smelters. The significance for the copper scrap market is that the facility directly addresses one of the key constraints in physical scrap trading: working capital and trade finance. Metycle aims to turn fragmented secondary-metal flows into specified, traceable and reliably delivered industrial feedstock. Greater financing capacity allows it to pay suppliers earlier while providing larger and more consistent flows of secondary copper to smelters and industrial consumers. At a time of tight global copper scrap availability, the entry of institutional private credit into secondary-metal trading could strengthen specialised traders' ability to compete for physical scrap supply.

The Philippine Board of Investments (BOI) has disclosed discussions with Singapore-based cleantech company BioMetallica over a proposed integrated urban-mining and advanced e-waste recycling facility in the Philippines. The project would recover valuable metals and critical raw materials from end-of-life electronics and industrial waste streams. BioMetallica is now engaging local recycling and materials-recovery companies to assess partnerships covering feedstock sourcing, processing and facility development. The NUS spin-off has developed technologies capable of processing complex secondary feedstocks including e-waste, end-of-life solar panels, spent autocatalysts and magnets, with onsite recovery intended to reduce the need to export waste for processing. The project remains at the investment-assessment stage and no capacity, investment value or commissioning schedule has yet been disclosed. If developed, however, it would expand the Philippines' domestic capability to recover copper and other valuable metals from secondary resources rather than exporting lower-processed waste streams.

BHP and Amazon have launched an industry-first Environmental Attribute Certificate (EAC) pilot for copper, using copper concentrate and SX-EW cathode produced at Chile's Escondida mine. The mechanism separates verified lower-emissions attributes from the physical copper itself: producers can create EACs associated with qualifying production, while downstream users can purchase and retire the certificates against emissions associated with copper in their own supply chains. The model addresses a key traceability challenge as physical copper moves through smelting, refining, fabrication and manufacturing before reaching the final user. Amazon can retire the certificates against copper used in its power, cooling and computing infrastructure, including AI-related circuit boards, interconnects and cold plates. The pilot will now test eligibility rules, verification, registry infrastructure and safeguards against double counting. If adopted more broadly, the framework could eventually create a separately tradable environmental value for lower-emissions copper, potentially influencing future copper procurement and offtake structures alongside conventional metal pricing and premiums.