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Umicore completes € 591 million sustainability linked private debt placement
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 and PowerCo establish joint venture for European battery materials production
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 inaugurates Europe’s first battery materials gigafactory
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…
Umicore secures two long-term renewable energy supply agreements for its Finnish site
Umicore has signed two separate long-term power purchase agreements (PPAs) with Statkraft and Gasum to source renewable electricity from onshore wind turbines in Finland. These two agreements will cover the existing needs of Umicore’s site in…
Umicore prepares to construct battery materials production plant in Canada
Umicore plans to construct a manufacturing facility for cathode active battery materials (CAM) and their precursor materials (pCAM) in Ontario, Canada. For Umicore this investment represents the final step in establishing a truly global production…
Umicore launches its new strategic plan designed to accelerate value creative growth
Chief Executive Officer Mathias Miedreich, along with his Management Board colleagues, will unveil Umicore’s new strategy “Umicore 2030 - RISE”.
Umicore’s new global R&D center strengthens its position as a battery technology leader
Umicore today inaugurated its new global R&D center for cathode materials in Cheonan, Korea. The new center marks another important step as Umicore’s rechargeable battery materials activity prepares for further growth and is strengthening its…
New generation of sustainable batteries in Europe
Umicore is part of a consortium of German world-class leaders and market drivers, from industry and science, that is launching today the project ‘Battery Pass’. To celebrate the hand-over of the grant agreement to the consortium, the parliamentary…
Tracing cobalt from mine to EV with Re|Source
For many years, Umicore has taken the necessary steps to make sure that the materials in Electric Vehicle batteries are responsibly sourced. The quickening pace of the shift to Electric Vehicles (EVs) has seen the demand for cobalt soar. Yet…
Umicore and ACC enter strategic partnership for EV battery materials in Europe
Umicore and Automotive Cells Company (a joint company between Stellantis, Mercedes-Benz and TotalEnergies) together with its subsidiary Saft) have signed a long-term strategic supply agreement for EV cathode materials in Europe.
Umicore introduces new generation Li-ion battery recycling technologies and announces award with ACC
Umicore announces today the signing of an agreement with Automotive Cells Company (ACC) on battery recycling services for the needs of ACC pilot plant in Nersac, France.
Umicore and Volkswagen AG to create European EV battery materials Joint Venture
Umicore and Volkswagen AG plan to establish a joint venture to build up precursor and cathode material production capacities in Europe to supply Volkswagen AG’s European battery cell production, making a considerable contribution to the region’s…