How JPMorgan’s Higher Umicore SA (UMICY) Stake Keeps Focus on Its Circular Battery Materials Platform

Umicore SA (OTC:UMICY) is one of the best battery recycling stocks to buy.

On June 26, Umicore said JPMorgan Chase crossed upward through the 3% direct voting-rights threshold on June 19. The disclosure showed 3.33% in direct voting rights and 0.58% in equivalent financial instruments, bringing JPMorgan Chase’s total holding to 3.91%. The notification followed an acquisition or disposal of securities or voting rights, and Umicore listed 246.4 million shares as the denominator for the filing.

Umicore’s battery-recycling connection comes through its Battery Recycling Solutions business, which recycles end-of-life batteries and battery production scrap across multiple battery chemistries. The company says its pyro-hydro technology recovers more than 95% of cobalt, copper, and nickel, and more than 90% of lithium, with recovered materials feeding back into the battery value chain. That gives the stock a direct battery-recycling link, although Umicore remains a diversified circular-materials company rather than a pure-play recycler in public markets.

Umicore SA (OTC:UMICY) is a Belgium-based circular materials technology company focused on catalysis, recycling, specialty materials, and battery materials solutions.

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