Umicore: Transparency notification by JP Morgan Asset Management Holdings Inc.

Core Points - JP Morgan Asset Management Holdings Inc. has crossed the legal threshold of 3% for direct voting rights in Umicore, reaching a total holding of 3.43% as of October 9, 2025 [2][9]. Company Overview - Umicore is a global advanced materials and recycling group, specializing in transforming precious and critical metals into functional technologies for everyday applications [6]. - The company operates under a unique circular business model that focuses on refining and recycling critical elements for reintegration into new applications [6]. Business Segments - Umicore has four main business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, which address resource scarcity and the demand for functional materials in clean technologies and mobility [7]. - The company generates most of its revenue and R&D efforts from clean mobility and recycling, aiming for sustainable value creation through the development and recycling of materials [8]. Financial Performance - In the first half of 2025, Umicore reported group revenues (excluding metal) of €1.8 billion, with a total turnover of €8.7 billion [10].