Sharp slowdown in EV demand impacts entire supply chain Co cuts 2024 EBITDA to a range of 760 million to 800 million euros Says volumes for Chinese battery manufacturers lagging Co to provide new ...

Umicore announces a new JV with Volkswagen's battery unit PowerCo. The economics are attractive, highlighting Umicore's growing leadership in the EV materials space. Yet, the company is at the ...

Umicore said it expects sales of its battery metals could be 'equal or lower' than last year due to a 'sharp slowdown in the growth of demand for EVs' Umicore, one of the world's top producers of ...

Umicore lowered its 2024 guidance after a sharp slowdown in demand for electric vehicles hit its battery-materials segment. The Belgium materials technology company said Wednesday that it now ...

Umicore expects total net capital expenditure between 2022 and 2026 to reach 3.8 billion euros ($4.01 billion). The group had previously said it planned to carry out phased investments of around 5 ...

Today at its Capital Markets Day, Umicore CEO Bart Sap and the Executive Leadership Team will present the key outcomes of the Battery Materials strategy review and Umicore’s roadmap to 2028.

On Friday, Kepler Cheuvreux analysts adjusted their stance on Umicore SA (UMI:BB) (OTC: OTC:UMICY), downgrading the stock from "Buy" to "Hold" and slashing the price target significantly to EUR 10 ...

Much of Umicore's reycling activity takes place at its Hoboken, Belgium, smelting facility. Belgium-based metals producer and recycler Umicore has announced changes to its management board, including ...

This has been bad news for Belgium’s Umicore, maker of battery cell cathodes. Its share price has fallen more than a third this year. Lower input prices affect its own revenues just when it ...

Umicore SA's stock has recently reached a 13-year low level. Investors were alarmed by the H1 2024 results and the €1.6 billion write-off, leading to a stock sell-off. The other business units ...

Umicore UMI-1.18%decrease; red down pointing triangle shares fell after the Belgian chemicals group cut its dividend and reset its payout policy, citing a context marked by challenges in the ...

Belgium's Umicore said on Tuesday it had cut its net capital expenditure target for 2026 after receiving grants including C$1 billion ($734.05 million) from the Canadian government to build a ...