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Umicore
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Short description

Provider of expertise in materials science, chemistry and metallurgy

Founded in 1805
Founded in

Company type Public Public (UMI.BR)
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Belgium Brussels, Belgium
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Parent Companies Umicore

Updated by Sunena Gupta at on 10/24/2023

Edited by Cleantech Group on 03/19/2024

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Date Company
05/02/2022

Automotive Cells Company Automotive Cells Company

Umicore will supply ACC’s future large-scale European battery plants with next-generation high nickel cathode materials out of its greenfield production plant in Nysa, Poland. First commercial volumes are expected in early 2024.

Confirmed by Automotive Cells Company

Partnerships
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Date Partner Type
10/20/2023
Government of Canada Government of Canada
Governments of Canada and Ontario finalize agreement with Umicore Rechargeable Battery Materials Canada Inc. for new plant in Loyalist Township. The facility will manufacture cathode active materials (CAM) and precursor cathode active materials (pCAM).
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Confirmed by Government of Canada
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IPO INFORMATION

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IPO status

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Initial shares

Ticker symbol

UMI.BR

Exchange listed

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Prospectus

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Description

Date Investors Type Amount
02/07/2024 European Investment Bank European Investment Bank (1)
Post-money valuation of
Funding will be used for the development of cathode materials for EV batteries.
Loan $377,100,750
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