Aurubis and COFICAB renew multi-year contract and strengthen partnership for sustainability in the automotive supply chain  

COFICAB, a global leader in the automotive industry's design, manufacturing, and sales of wires and cables, and Aurubis, a leading global provider of non-ferrous metals and one the largest copper recyclers worldwide, have renewed a multi-year contract for the supply of copper wire rod for the automotive industry. With the new contract, the two long-term partners intend to further expand sustainable volume growth in the wire and cable segment. 

Sustainably sourcing copper, the backbone of electrification, is now more crucial than ever as the automotive industry races toward a greener future. Indeed, supplying the industry with copper that is sustainably and responsibly produced is the challenge of our time. Both partners combine responsibly sourced primary copper with a substantial and growing recycling share to ensure that the automotive industry continues to benefit from exceptional supply security in the future as well.  

Fully understanding their position in the industry, longstanding partners Aurubis and COFICAB are intensifying their collaboration to promote sustainability across the copper-based value chain while maintaining copper wire production of the highest quality standards and process speeds. This strengthened partnership emphasizes transparency with a focus on sustainability key performance indicators in fields like CO2 footprint and the usage of recycled copper. Aurubis updates the life cycle assessments for a broad range of its products on a yearly basis as part of its transparency ambition.  

Both companies share a clear objective of achieving carbon neutrality by 2050 at the latest, in line with the Paris Agreement. On the one hand, the carbon footprint of Aurubis copper cathodes has decreased by more than 40% since 2013. The carbon footprint of the copper cathode is more than 60% below the global average for all copper smelters and refiners, preventing around 4 million tons of carbon every year. Aurubis is targeting a 50% reduction in direct and indirect emissions and 24% for scope 3 emissions until 2030 compared to 2018. In addition to decarbonization, multimetal recycling is a growth focus of Aurubis.  

On the other hand, COFICAB is actively advancing a dedicated sustainability roadmap, aiming for a 50% reduction in their CO2 footprint by 2030 compared to 2020 levels (scope 1, 2, and 3), while always embedding specific Original Equipment Manufacturer (OEM) requirements. To achieve such ambitious targets, COFICAB has identified several strategic focus areas, including transitioning to greener energy sources (improving its energy mix), establishing a more sustainable supply chain, enhancing its internal process efficiency, new product development, and shifting towards circularity. COFICAB notably emphasizes circularity and recycling, by developing processes to reuse internal production scrap and recycle end-of-life products.

Martin Sjoberg, SVP Commercial at Aurubis: “Aurubis produces approximately 900kt of rod in Europe – a significant amount of which is delivered to the automotive industry. This collaboration with COFICAB is yet another example of how we are developing and enhancing the transparency of the entire supply chain. COFICAB’s sustainability roadmap aligns with the pillars of the Aurubis Tomorrow Metals sustainability label. This is our promise to business partners that they will stay best in class in all the sustainability challenges of today and the future by using our metals.”