Umicore

Belgium

Umicore has run battery recycling operations since 2011, using a combined pyro- and hydrometallurgical process. Slower electric car demand led to a €1.6 billion write-down in 2024 and a reset in 2025: battery capex was cut in half while investment continued in the Hoboken precious metals refinery.

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European circular economy companies

Circularity only sticks when it pays. These European companies earn their money by reselling, repairing, remanufacturing and recovering. Twelve companies, from your phone to the bottle machine in the supermarket.

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