As investments in the electric mobility industry in Georgia rapidly accelerate with major projects from electric vehicle (EV) manufacturers, battery suppliers, and other components of a closed-loop electric mobility supply chain, an influx of ancillary companies is forming to support this booming sector.
German multi-metal provider and recycling company Aurubis is one of those companies. As one of the world’s leading recyclers of copper, precious metals, and non-ferrous materials, Aurubis was drawn to the state for its pro-business environment, spirit of innovation, and focus on building out a world-class electric mobility value chain.
Responding to consistent growth in the U.S. for complex recycling solutions heighted by the growth of the EV industry, Aurubis announced in November 2021 that it would build a recycling and secondary smelting facility for multi-metal recycling in Augusta, Georgia. Leaders from the Georgia Department of Economic Development were at company headquarters in Hamburg, Germany, when the investment was announced. It was one of a series of meetings between the company and local and state officials that occurred on the home soil of each of the partners.
Not long after its initial groundbreaking, the company announced in December 2022 that it would increase its investment total to €640 million. Aurubis projects it will double its throughput volume from the previously announced 90,000 tons of complex recycling materials to 180,000 tons per year. The facility is expected to create 200 jobs.
The announcement not only marked the single-largest investment of a German company in Georgia but also the first facility of its kind in the U.S. This is also the first greenfield project in the U.S. for the company.
Aurubis plans to produce materials that can be used in lithium-ion batteries and other electronics that are valuable in the EV industry. Processing complex metal-bearing…
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