Umicore shares details on cost saving measures and pauses construction of its battery materials plant in Canada [Yahoo! Finance]
UMICORE SA UNSP/ADR (UMICY)
NASDAQ:AMEX Investor Relations:
umicore.com/en/investors
Company Research
Source: Yahoo! Finance
Umicore shares details on the anticipated cost-saving measures, affecting its workforce in Battery Materials and other select areas; As part of the strategic review of its Battery Materials business Umicore has decided to continue to pause construction of its battery materials plant in Loyalist, Ontario, Canada. The strategic review continues and further outcomes will be communicated latest at the upcoming Capital Markets Day. A key part of Umicore's ongoing strategic review of its Battery Materials business, is to maximize capacity utilization of existing plants prior to any further expansion. Umicore has now decided to continue to pause the construction of a new battery materials plant in Loyalist. In the meantime, Umicore intends to retain a solid core team on site at Umicore's local office in Loyalist. The decision of pausing the construction of the Canadian plant was made in close alignment with Umicore's customers. The long-term supply agreement with AESC for high-nickel
Show less
Read more
Impact Snapshot
Event Time:
UMICY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UMICY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UMICY alerts
High impacting UMICORE SA UNSP/ADR news events
Weekly update
A roundup of the hottest topics
UMICY
News
- Electric Vehicle Battery Reuse and Recycling Market Outlook 2024-2029, with Profiles of Market Leaders, including Guangdong Brunp Recycling Technology Co, GEM, Umicore, Glencore, Li-Cycle and More [Yahoo! Finance]Yahoo! Finance
- Nickel Hydroxycarbonate Market is Projected to Reach US$ 902.7 Million with 5.9% CAGR by 2034 | Fact.MR Report [Yahoo! Finance]Yahoo! Finance
- TSX futures surge more than 1% after Trump's election victory [Yahoo! Finance Canada]Yahoo! Finance Canada
- Umicore to pause construction of battery materials plant in Canada [Yahoo! Finance Canada]Yahoo! Finance Canada
- Black Mass Recycling Market Forecast Report to 2032, with Profiles of Contemporary Amperex Technology Co., Cirba Solutions, Glencore, Recyclico Battery Materials and Umicore [Yahoo! Finance]Yahoo! Finance