Belgian chemicals group scales back on expansion after Tesla and others flag waning demand
Belgian group says demand from carmakers has deteriorated in recent weeks
Better performance and affordability are driving the market Beijing’s way, according to battery materials maker Umicore
Computing power could halve discovery time for substances used in batteries and accelerate innovation, believe industry leaders
Financial reality is catching up with bold hopes for energy revolution
Belgian group cuts capital expenditure forecast after $715mn pledged in government support for factory in Ontario
Conventional wisdom has been that big commercial inroads were unlikely until the next decade
Materials group Umicore says carmakers might have to pay more to recycle batteries that reach end of life
Belgian battery materials maker says agreement helps guarantee security of supply
Expect lower profits, but the chemicals group should be praised for its stance on responsible sourcing
Group says demand has ebbed after Beijing cut subsidies to local manufacturers
Carmakers are growing increasingly anxious about securing cobalt supplies
Umicore, Johnson Matthey and BASF race to power battery-driven vehicles of future
Umicore to increase capacity due to growth in demand for electric vehicles
Consumer industries set to push for regulatory checks on deal
Traders flocked to the country’s financial stocks
