ASTA Energy Solutions invests EUR 17 million in Austria copper recycling platform
Bitget2026/09/22 05:31- ASTA Energy Solutions plans to invest about EUR 17 million in a copper recycling platform at its Oed, Austria site.
- Project targets in-house copper wire production, lowering reliance on external copper suppliers.
- Machinery orders start in 2026; production is scheduled to begin at end-2029.
- Recycled copper share is targeted to rise to 70% by 2030 under the “Low Carbon Copper” initiative.
- Scrap supply will come from internal operations, customers, suppliers; agreements are being finalized alongside the ramp-up.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market Chatter: Braskem Creditors Seek $3 Billion Capital Injection From Controlling Holders
Hana Bank Issues $100M Digital Bond With Korea’s First T+0 Settlement

AI Agent Muse Goes Viral, Benefiting Hardware? Jefferies: Server CPUs Return to Focus, PCB and ABF Substrates May See Revaluation
Jefferies believes that agent-based applications consume significantly more inference power, multi-task orchestration capability, and foundational infrastructure compared to traditional chatbot scenarios. As AI rapidly evolves from chatbot functions to agent-based applications, the demand for computing power in the inference, orchestration, and infrastructure layers will continue to expand. PCB and ABF substrate suppliers are likely to see reevaluation opportunities.
USD/JPY Price Forecast: Rises to near 158.00 near 50-day EMA
