Umicore Shares Tumble on 2019 Growth Warning

The video discusses the global slowdown in the automotive industry, particularly in traditional combustion engines, while electric vehicles (EVs) continue to grow. It also highlights a slowdown in the mobile phone segment and its impact on businesses. The discussion shifts to concerns about the availability of cobalt, emphasizing sustainable and ethical sourcing. The company is developing recycling capabilities to support electrification, with a strategic focus on a closed-loop approach to prevent material loss.

What factors are contributing to the global automotive slowdown?

How has the sales trend of electric vehicles changed over the past year?

What challenges is the mobile phone segment currently facing?

What is the company's approach to sourcing cobalt sustainably?

How does recycling play a role in the future of mass electrification?