Umicore

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Umicore to Proceed with Construction of Battery Materials Plant in Canada

In Canada, Belgian materials technology and recycling group Umicore is proceeding with the construction of a 35 GWh equivalent battery materials production plant in Loyalist, Ontario, to cater to the North American electric vehicle (EV) battery market. Located at about 25 km from Kingston, the plant in Loyalist will be at the heart of Canada’s automotive technology cluster.

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Umicore and VW Arm Establish European Battery JV

Belgian chemical producer and recycler Umicore and PowerCo, the newly created battery company of the Volkswagen (VW) group, have officially founded their envisioned joint venture to produce precursor and cathode materials for VW’s European vehicle fleet.

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Umicore and Volkswagen in EV Battery Materials JV

Belgian chemicals and recycling company Umicore is teaming up with German carmaker Volkswagen in a joint venture to produce cathode materials for VW’s battery cell production. The companies said the new firm would be the first of its kind in the European automotive market and would support the ambitious objectives of the EU’s Green Deal.

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