The European Commission approved, on Monday 4 May, Aurubis' acquisition of Metallo, a large copper scrap refiner, on the grounds that the merger would not adversely affect competition in the European Economic Area or any substantial part of it.
Margrethe Vestager, Executive Vice President in charge of competition policy, believes that a well-functioning circular economy in copper is important to ensure a sustainable usage of resources in the context of the ‘European Green Deal’.
The...