Title umicore

for the future

Integrated Annual Report 2023

"Umicore marked several milestones in 2023 and celebrated some anniversaries."

Key performance figures

Total turnover
in million €

Revenues (ex. metal)
in million €

Adjusted EBITDA
in million €

in %

R&D Expenditure
in million €

Capital Expenditure
in million €

Umicore RISE 2030

Driving transformation for the future

Go to Strategy

Excellence in execution

Consistent operational performance

Go to Operations

Excellence in execution

How we create value

Go to Performance

Our sustainable business

Our ambition is to become a sustainability champion. We aim to foster sustainable growth while mitigating the impact of our activities.


Minimizing impact, maximizing efficiency


Giving back to people and planet


Advocating for a more sustainable future

People & Organization

Driven by the skills, passion and diversity of our employees.

Technology & Innovation

Pushing the boundaries of clean mobility and recycling.


Our people with their skills, experience and energy are vital to our ongoing success and achievement of our 2030 RISE Strategy. Our people are what make Umicore one of the most exciting and innovative companies in which to work. Read some of their inspirational stories.


"Combining climate with social dimensions to maximize our positive impact."

Read more


"Pushing forward on our technology roadmap."

Read more


"Unleashing the talents and potential of our people."

Read more


"Navigating the peaks and troughs for long-term growth."

Read more


"Gearing up for a fuel cell future."

Read more


"Sustainability is deeply embedded in our company’s DNA."

Read more


135 years in Hoboken, Belgium

Industrialization of manganese-rich battery materials technology for electric vehicules

20 years in Hanau, Germany

Umicore launches responsible sourcing frameworks for nickel and lithium

Joined the Euronext Tech Leaders index

Inaugurated unique large-scale prototyping center for solid-state battery materials

Presented IONWAY and located its first production plant in Nysa, Poland

Signed 5 long-term power purchasing agreements to power our sites in Belgium and Poland

Confirmed our expansion of EV battery materials production footprint in Ontario, Canada

Broke ground for our large-scale fuel cell catalyst plant in China


Our integrated annual report offers a comprehensive and integrated view of our performance for 2023, including our RISE 2030 Strategy, progress on sustainability, our governance and full statements. The report is available in English and Dutch as a downloadable pdf.