Umicore Reaffirms Core 2028 Strategy Focused on Metal Recycling

Recycling and Advanced Materials at the Heart of Priorities

Umicore presents its Chief Technology Officer (CTO) and Executive Vice President of Recycling, Geert Olbrechts, who describes the group's innovation directions. According to him, innovation produces the greatest impact when guided by a clear strategic orientation, focused on areas where the company can leverage its strengths: recycling, advanced materials, and technologies supporting the transition to a low-carbon economy.

The group ties its role to what it describes as an energy transition based on materials. According to Olbrechts, replacing fossil fuels requires batteries, fuel cells, wind turbines, solar panels, and other technologies relying on non-ferrous metals and advanced materials. Through its materials technologies and recycling activities, Umicore states it contributes to keeping critical metals in circulation and to a more resource-efficient economy.

Hoboken, Showcase of the Circular Model

Umicore illustrates this direction through its precious metals refining activity in Hoboken, Belgium. According to the statement, the site's integrated process can handle more than 200 complex material streams and recover 17 valuable metals within a single system.

Through its CORE 2028 strategy, Umicore states it is concentrating its resources on areas where it can create the most value and leverage its long-term strengths. The group mentions its adaptation to evolving markets, geopolitical changes and global realities, while relying on its expertise in metallurgy, chemistry and materials science as well as its closed-loop model.