Cobalt news

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  31 July 2026

  Umicore H1 2026 results

  Adj. EBITDA +33% to €577m and margin 30.2%; revenues €1.9bn; Free Operating Cash Flow €295m; guidance upgraded to slightly above €1bn adj. EBITDA for FY2026.
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  30 April 2026

  Umicore Q1 momentum points to ~€1bn adjusted EBITDA in 2026

  Strong Q1: Catalysis and Recycling strong; Specialty led by cobalt; CAM volumes modest, take‑or‑pay compensation; anode JV in place; capex up; leverage <2x
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  5 March 2026

  Altris and Mecaware Join 2026 EIC Accelerator

  Selected for EIC funding, they aim to scale battery materials and recycling, enhancing Europe's clean energy and circular economy efforts.
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  7 December 2025

  Toray Develops Technology for 95% Lithium Recovery from Batteries

  New nanofiltration membrane efficiently recovers lithium from used batteries, enhancing recycling and supporting closed-loop systems for electrified vehicles.
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  29 August 2025

  BASF Delivers First CAM for Semi-Solid-State Batteries to WELION

  BASF and WELION advance Solid-State battery tech, achieving mass production in a year with enhanced energy density and safety through new CAM technology.
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  3 June 2025

  BASF Launches Black Mass Battery Recycling Plant in Germany

  The plant processes 15,000 tons of lithium-ion batteries annually, aiding circular economy goals by recovering key metals for new cathode materials, enhancing EU battery recycling efforts.

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  21 January 2025

  INEOS Aromatics Gains Environmental Support for Geel Permit After Talks

  A new permit aligns cobalt discharge with water standards, reducing emissions by 90% by 2027. A monitoring committee will oversee progress, urging government action on water policy.
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  21 October 2024

  Mercedes opens battery recycling plant in Germany with 96% recovery rate

  The plant uses a mechanical-hydrometallurgical process to recover lithium, nickel, and cobalt, supporting sustainable electric mobility and circular economy goals.
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  16 April 2024

  BASF Begins Operating Prototype Battery Recycling Metal Refinery in Germany

  The new plant optimizes battery recycling, recovering valuable metals and supporting Europe's battery materials ecosystem, enhancing sustainability and self-sufficiency in line with EU regulations.
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  18 January 2024

  Andrada Group to Open €33M Green Energy Recycling Plant in Sóskút

  The plant will create 160 jobs, recycle energy storage systems, and support Hungary's green transition with advanced, sustainable technology. Operations to expand across Europe.
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  1 September 2023

  Andrada Group to Build Battery Recycling Plant in Hungary

  The plant will recycle 10,000 tons of EV batteries annually, create 200 jobs, and receive HUF 4.7 billion in government support. It will use advanced, environmentally safe technology.
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  1 June 2023

  Devon County Council Backs Altilium's Battery Recycling Initiative

  A Devon-based firm recycles EV batteries, recovering over 95% of critical minerals. Supported by local and national funds, it plans to scale up operations in the UK and Europe.
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  27 July 2021

  Jervois Mining Acquires Freeport Cobalt for $160M, Expands in Finland

  The acquisition adds 6,250 mtpa refining capacity in Finland, enhances downstream expertise, and strengthens financials, positioning the company for growth and sustainability. Expected to close by August 2021.
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  22 October 2018

  BASF and Nornickel Partner for European Battery Materials

  A new plant in Finland will produce battery materials for 300,000 electric vehicles annually, using renewable energy. A long-term supply agreement ensures local nickel and cobalt sourcing.
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  23 June 2017

  Eramet Invests €34.5M to Upgrade Sandouville Plant

  The Sandouville plant adapts to a new nickel matte supplier from Finland, completing a €34.5M process transformation. The facility will gradually restart, aiming for full production by 2018.