Corporate restructuring by way of Merger of two Umicore entities in India viz., Umicore Anandeya India Private Limited (Transferor Company) and Umicore Autocat India Private Limited (Transferee Company) is in process. As required in Indian Law, Scheme of merger was filed with National Company Law Tribunal (NCLT) to seek its approval for...

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 6 January 2020 that on 3 January 2020 it has crossed the statutory threshold of 3% upwards for direct voting rights. In total (direct voting rights + equivalent...

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 31 December 2019 that on 30 December 2019 it has crossed the statutory threshold of 3% upwards for direct voting rights. In total (direct voting rights +...

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 24 December 2019 that on 23 December 2019 it has crossed the statutory threshold of 3% upwards for direct voting rights. In total (direct voting rights + equivalent financial instruments) Blackrock Inc. holds...

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 20 December 2019 that on 18 December 2019 it has crossed the statutory threshold of 3% downwards for direct voting rights. In total (direct...

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Umicore announced today that it has completed the acquisition of the cobalt refining and cathode precursor activities in Kokkola, Finland, from Freeport Cobalt for an amount of $ 203 million on a debt and cash free basis (including approximately $ 50 million of net working capital). All regulatory clearances in relation to the transaction have...

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. The cathode materials will be supplied from Umicore plants in different regions with the majority of volumes initially produced in Korea. A...

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 as well as other automotive customers.  

It is expected to ramp up production in...

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holding Vanguard International Growth fund notified Umicore on 15 October 2019 that on 1 October 2019 they have crossed the statutory threshold of 3% downwards for direct voting rights. In total (direct voting rights + equivalent financial instruments)...

Today Umicore and IndustriALL Global Union renewed their Global Framework Agreement on Sustainable Development for a period of four years. The agreement reaffirms Umicore’s commitment to sustainable development, embracing economic, environmental and social objectives. More specifically, it covers human rights (including collective bargaining...

The Board of Directors of Umicore has reviewed the implications of the new Belgian Code on Companies and Associations (“CCA”) and the Belgian Code of Corporate Governance 2020 (“2020 Governance Code”).

Under the new CCA, Umicore’s current corporate governance model, where the Board has delegated certain management powers to an executive...