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 was expecting more orders from Chinese EV makers looking to set foot on the continent, but it said on Wednesday that those volumes will not materialize in 2024, while legacy contracts also ...

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 ...

Slowdown in EV growth significantly impacts 2024 outlook for Umicore’s Battery Materials activities Against the backdrop of a sharp slowdown in the growth of demand for EVs impacting the entire ...

Umicore says its new CEO Bart Sap will “assess the development plans for the Umicore Battery Materials business, including capex [capital expenditures].” Umicore, a Belgium-based company that operates ...

Umicore shares dropped after it named Bart Sap as Chief Executive, replacing Mathias Miedreich, who will step down after reaching a mutual agreement with the company's supervisory board. At 0733 ...

Umicore announces the appointment of Bart Sap as Chief Executive Officer, effective May 16 th. He will succeed Mathias Miedreich who has decided to step down, in mutual agreement with the ...

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Belgian metal recycling group Umicore lowered its 2024 profit forecast on Wednesday, citing steep cuts to demand projections for battery materials in recent weeks, sending its shares to a near decade ...

Slowdown in EV growth significantly impacts 2024 outlook for Umicore’s Battery Materials activities Against the backdrop of a sharp slowdown in the growth of demand for EVs impacting the entire supply ...