Belgium · Refinery · Operating · EBR:UMI
Largest non-Chinese cobalt refiner. Closed-loop battery recycling pilot scaling 2026-2027.
No active risk flags. Continuous monitoring active.
Belgium — Umicore as Europe's strategic non-ferrous refining champion. EU CRMA strategic-project tier.
Parliament passed amendments to 2002 Mining Code requiring state participation of 30% in new strategic mineral projects (cobalt, copper, lithium). Existing concessions exempt; renewals subject. Glencore, CMOC, ERG concession renewals 2026-2028.
Our analyst desk delivers a 12-page diligence report on this supplier within 72 hours — beneficial ownership, audited capacity, in-region context, regulatory exposure and qualified offtake alternatives.