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Umicore - Transparency notification by JP Morgan Asset Management Holdings Inc.
Globenewswire· 2025-09-24 16:30
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 3.01% as of 16 September 2025 [2][7]. 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 with 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 [8]. - The company emphasizes innovation and sustainability through tailored products and processes [8]. Financial Performance - In the first half of 2025, Umicore generated revenues of €1.8 billion, with a total turnover of €8.7 billion [10].