Media

Last Friday, it was that time again. Eighty Umicore employees set off full of motivation to take part in this year's city run through Hanau city center. For most of the runners, the event began at 3:30 p.m. with a joint bus trip from IPW to Hanau's…

Half Year Results 2024
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,…

Slowdown in EV growth significantly impacts 2024 outlook for Umicore’s Battery Materials activities
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 CEO succession
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 launches Nexyclus™, a unique guarantee for fully recycled precious metals, including PGMs
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™.

Full Year Results 2023
Umicore continued to deliver strong cash flows and margins in a tough year, while significantly stepping up investments for future growth.