Between now and 2030 it is expected that the automotive industry will produce over 340 million electric vehicles (EVs) of all types, including hybrids – from two-wheelers and passenger cars to trucks and buses. This will boost demand for battery…
Clearly, a growing electric vehicle (EV) fleet will increase the electricity demand on power systems. But the total energy and peak power needed will not pose a problem, thanks to the adoption of smart grids and progressively increasing electricity…
Umicore has signed a multi-year strategic agreement with Samsung SDI for the supply of close to 80,000 metric tonnes of high-performance NMC (Nickel Manganese Cobalt) cathode materials starting in 2020.
Umicore inaugurated today its new production facility for fuel cell catalysts in SongDo Incheon City (Seoul area), Korea, close to Umicore’s technology development center for catalysts. The facility will support the growth of Hyundai Motors Group…
Umicore and LG Chem have concluded a multi-year strategic supply agreement for NMC (Nickel Manganese Cobalt) cathode materials to serve LG Chem’s needs out of Umicore plants in Poland, Korea and China. The supply agreement takes effect in 2020 and…
The application of platinum as a catalyst to generate electric power through the conversion of hydrogen with air, also known as fuel cell technology, is more than 100 years old. However, the application has only recently gained importance as an…
Robust performance in challenging market conditions and compared to record levels in 2018
Umicore delivered a robust performance in the first half of 2019 with revenues amounting to € 1.6 billion and a recurring EBIT of € 240 million against a…
Umicore and Glencore announce today that they have entered into a long-term revolving agreement for the supply of cobalt hydroxide (cobalt) to Umicore’s battery materials value chain.
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…