Umicore and Blue Current, a leading manufacturer of silicon elastic composite solid-state batteries, have agreed to strengthen their collaboration on the development of solid-state battery technology, with Umicore investing a minority stake in the…
Umicore and PowerCo, the new battery company of the Volkswagen Group, have obtained full regulatory approvals for their joint venture announced in September 2022.
Umicore posted a strong performance in 2022 in a context of severe market disruptions, cost inflation and a volatile precious metal price environment. Group revenues for the full year amounted to € 4.2 billion, up 10% compared to the previous year,…
Umicore is starting the industrialization of its leading manganese-rich HLM (high lithium, manganese) cathode active materials (CAM) technology and targets commercial production and use in electric vehicles (EVs) in 2026.
Umicore has signed a long-term agreement with Terrafame Ltd. for the supply of low carbon, sustainable high-grade nickel sulphate. Following the successful completion of the qualification process, commercial deliveries have already started with…
The Global Battery Alliance (“GBA”), the world’s largest multi-stakeholder organisation to establish a sustainable battery value chain by 2030, today launched the proof of concept for its Battery Passport at the World Economic Forum’s Annual…
Umicore, a circular materials technology company, and Nano One® Materials Corp. (“Nano One”), a clean technology company, announce the signing of a non-exclusive Joint Development Agreement (JDA) on production process technologies for cathode…
Umicore and PowerCo, Volkswagen’s battery company, aim to extend their collaboration in battery materials and are exploring a strategic long-term supply agreement to serve PowerCo’s future battery Gigafactory for electric vehicles (EVs) in North…
Umicore has successfully completed the issue of a fixed-rate, sustainability linked US Private Placement Notes for a total principal amount of € 591 million equivalent. The Notes, which were placed with more than 15 institutional investors, attract…
Umicore announces that the Science Based Target initiative (SBTi) has validated the group’s intermediate greenhouse gas reduction targets for 2030 as science-based and aligned with the United Nations’ Paris Agreement to limit the global temperature…
Umicore and PowerCo, the new battery company of the Volkswagen Group, announced today the founding of a joint venture for precursor and cathode material production in Europe.
Umicore today inaugurates its carbon neutral production facility for cathode active materials for electric vehicles in Nysa, Poland. This makes Umicore the first company in Europe with a complete circular and sustainable battery materials value…