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Umicore acquires Freeport's Kokkola refinery

US$150M deal also includes cathode precursor production operations

Jacqueline Holman
Umicore is buying Freeport Cobalt’s Kokkola cobalt refinery and cathode precursor production operations in Finland

Umicore is buying Freeport Cobalt’s Kokkola cobalt refinery and cathode precursor production operations in Finland

Umicore is funding the deal with existing credit facilities and expects it to be finalised by the end of 2019, subject to regulatory approvals. "It is anticipated that the acquisition will be earnings...

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