Umicore is off to a very strong start this year driven by soaring precious metal prices, in particular rhodium and to a lesser extent palladium, strong demand across businesses and robust operations.
Record earnings in unprecedented conditions
Despite the severe disruption brought by the COVID-19 pandemic in its end-markets, Umicore posted its strongest financial performance ever, boosted by an exceptional PGM price environment. This…
Umicore has informed its listed subsidiary Allgemeine Gold- und Silberscheideanstalt AG (“Agosi”) that it intends to purchase the 8.8 % shares it does not yet own from Agosi’s minority shareholders through a merger squeeze-out in accordance with…
Stephan Csoma, Executive Vice President Recycling, hat entschieden, zum 31. März 2021 aus dem Management Board auszuscheiden und in den Ruhestand zu gehen. Csoma blickt auf eine langjährige und erfolgreiche Karriere innerhalb Umicores zurück, in…
Against the backdrop of severe disruptions to society and business caused by the COVID-19 pandemic, Umicore demonstrated its resilience to extreme shocks and the complementarities of its business activities. In the first half of 2020 Umicore…
Keeping our people healthy, ensuring safe working conditions and preserving cash
Umicore’s priority is the health and safety of its employees. Umicore introduced strict hygiene and other precautionary measures in response to the COVID-19 pandemic…
Umicore posted a strong performance in 2019 against a backdrop of persisting headwinds in key markets, in particular the automotive sector. Revenues for the full year grew by 3% to € 3.4 billion and recurring EBITDA increased 5% to € 753 million,…
Umicore announced today that it has completed the acquisition of the cobalt refining and cathode precursor activities in Kokkola, Finland, from Freeport Cobalt for an amount of $ 203 million on a debt and cash free basis (including approximately $…
Through this acquisition Umicore expands its integrated battery materials footprint
Umicore announced today that it has reached an agreement to acquire Freeport Cobalt’s cobalt refining and cathode precursor activities in Kokkola, Finland, for a…
Formula E to work with Umicore to recycle the battery cells used to power the fully-electric racing cars
The ABB FIA Formula E Championship has today announced a new partnership with Umicore - the Belgian materials technology and recycling group -…
Umicore has been ranked 7th in the 2019 top 100 of the world’s most sustainable companies published by Corporate Knights, a research division focused on sustainable performance rankings. Umicore is also ranked number 1 globally among companies…