Umicore sees growing role for manganese in EV batteries as manufacturers seek lower costs

• Manganese-rich battery chemistries offer lower metal costs by reducing nickel and cobalt use while preserving energy density comparable to NMC materials.
• Lithium-manganese-rich batteries offer equivalent safety to lithium iron phosphate batteries, with longer driving ranges and good recyclability.
• Umicore can produce high-nickel and high-manganese materials in the same factories, allowing production capacity to serve different battery chemistries.
• Concentrated refining capacity in China poses sourcing challenges, while limited supply-chain transparency remains a concern.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Umicore NV published the original content used to generate this news brief on October 21, 2026, and is solely responsible for the information contained therein.