ASTA Energy Solutions AG Announces EUR 17 Million Investment in Copper Recycling

ASTA Energy Solutions AG is set to invest approximately EUR 17 million in a new copper recycling platform in Oed, Austria. This strategic move aims to enhance self-sufficiency by reducing dependence on copper suppliers. The initiative will push the share of recycled copper in production to 70% by 2030.

The project is part of ASTA's "Low Carbon Copper" initiative, promising lower carbon footprints. Scheduled to begin production by the end of 2029, ASTA expects the new platform to lower costs, reduce supply chain complexity, and better secure copper wire supply. Agreements are underway to source copper scrap from internal and external partners.

This investment supports Austria’s business position, offering ASTA clients improved supply security and full traceability through a closed material loop. ASTA also aligns with European Union recycling goals, strengthening its mark as a reliable industry partner.