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Umicore publishes its 2024 Half Year Results and provides an update on strategic review of Battery Materials activities and impairments.

Against the backdrop of the ongoing transition to electric mobility, Umicore has been working in recent years to adapt its Automotive Catalysts business to changing market conditions. This includes a continued focus on efficiency and performance,…

Against the backdrop of a sharp slowdown in the growth of demand for EVs impacting the entire supply chain, customers’ demand projections for Umicore’s battery materials have steeply declined in recent weeks. Consequently 2024 volumes for its…

On the proposal of the newly appointed CEO Bart Sap, Umicore has nominated Jensen Verhelle as Executive Vice President of the Catalysis Business Group and member of the Management Board, effective May 16th, 2024.

Umicore announces the appointment of Bart Sap as Chief Executive Officer, effective May 16th. He will succeed Mathias Miedreich who has decided to step down, in mutual agreement with the Supervisory Board.

Umicore and STL, subsidiary of Gécamines, have signed an exclusive, long-term partnership agreement whereby Umicore will support STL to valorize germanium from the Big Hill tailings site in Lubumbashi, DRC.

Umicore has signed a second 10-year power purchase agreement (PPA) with Gasum to source renewable electricity for its site in Kokkola, Finland, where Umicore refines cobalt and produces precursor cathode active materials for electric vehicle…

Based on performance to date, and current market visibility and metal prices, Umicore confirms that it anticipates Group’s adjusted EBITDA for the full year 2024 to be in the range of € 900 million to € 950 million, as announced in the full-year…

Umicore has successfully completed the issue of a fixed-rate, sustainability-linked US Private Placement Notes for a total amount of € 499 million equivalent1 which was priced end of March 2024. The Notes, placed with 17 institutional investors in…

Umicore is launching the broadest offering of fully-recycled precious metals worldwide, including platinum-group metals (PGM), with three types of certificates, branded as Nexyclus™.

Umicore continued to deliver strong cash flows and margins in a tough year, while significantly stepping up investments for future growth.

Umicore has concluded a € 350 million, eight-year-maturity loan with the European Investment Bank (EIB). The proceeds will be dedicated to fund part of Umicore’s European research, development and innovation (RDI) in rechargeable battery materials…