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Umicore 2017 results give reasons for optimism

By Martim Facada
Published: Monday, 12 February 2018

Umicore’s strong performance in 2017 was driven by the company’s activities in automotive catalysis, cathode materials and recycling. And it is ready to expand its cathode materials production to respond to the world’s booming demand for new energy vehicles, while promoting battery recycling.

Financial results for 2017 at multinational minerals technology company Umicore contained several items that bode well for the future of the Belgium-based company, chief executive officer Marc Grynberg told Industrial Minerals at a media breakfast in London on Monday February 12.

Margins and returns have improved quite significantly, and the...

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