Recent events
Recent events tied to this brand in public sources.
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2021
Volkswagen and Umicore plan battery-materials joint venture
Volkswagen said it plans to establish a joint venture with Umicore to supply cathode materials to its European cell factories. The companies intend to begin production in 2025.
2019
Umicore completes acquisition of Freeport Cobalt activities in Finland
Umicore completed its acquisition of Freeport Cobalt’s cobalt refining and cathode precursor activities in Kokkola, Finland, for $203 million on a debt- and cash-free basis.
2019
Umicore announces South Korea fuel-cell catalyst capacity expansion
Umicore announced an investment to expand its fuel-cell catalyst production capacity in South Korea, including construction of a new production plant near Seoul. The plant was planned to be commissioned toward the end of 2019 and fully ramped up by the end of 2020.