NVJP Umicore

Umicore’s response to the article and documentary published by the RTBF about radioactive waste in Belgium

Umicore’s response to the article and documentary published by the RTBF about radioactive waste in Belgium

Following the report broadcast by RTBF on 9 December about radioactive waste management in Belgium, Umicore wishes to correct the data that was presented in an erroneous or misleading manner during the broadcast.

First, it is essential to clarify that the levels of radioactivity as measured by Greenpeace near the Umicore plant in Olen are very low and, contrary to the insinuations made during the broadcast, do not in any way constitute a threat to human health or the environment. In fact, Greenpeace recorded levels of radioactivity of 1 to 10 microsieverts per hour, which is between one hundredth and one thousandth of the exposure reference not to be exceeded on an annual basis. In other words, one would have to stand still between 100 and 1,000 hours on this walking trail to reach the reference value. By way of comparison, medical x-ray imagery exposes us to 5,000 microsieverts, or 500 to 5,000 times more than the measurements taken in Olen. In the report, there is confusion between measurements expressed in millionths of a Sievert (microsievert) and reference values expressed in thousandths of a Sievert (millisievert) which is likely to mislead the public.

Furthermore, the comparison made during the report between the cost of treating radioactive waste from nuclear power plants and the residues stored at the Umicore site in Olen is irrelevant. Waste from nuclear power plants is category C waste (according to the classification of the International Atomic Energy Agency) which is highly radioactive and generates significant heat. This waste has to be buried at a depth of several hundred meters, which explains the particularly high cost of its treatment. The residues present on the Umicore site (essentially category A residues and a small quantity of category B resulting from production stopped since 1970) are of very low radioactivity and are stored according to the guidelines set out by the relevant federal agencies. Strict inspections are carried out regularly by these agencies. The provisions set aside by Umicore to meet its obligations are sufficient and any insinuations to the contrary are unfounded.

Finally, Umicore answered all the questions asked by the RTBF contrary to what was claimed during the broadcast. The company is managing the environmental legacy of decades of industrial activity in a transparent, proactive and responsible manner and deplores that erroneous or misrepresented data have been disseminated in this way. 



For more information

Media Relations 

Marjolein Scheers                                                                          

                                                                         

Investor Relations

Eva Behaeghe                                                                             

Aurélie Bultynck                                                                           



EN
10/12/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Umicore

 PRESS RELEASE

Umicore - Transparency notifications by BlackRock, Inc.

Umicore - Transparency notifications by BlackRock, Inc. Transparency notifications byBlackRock, Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by BlackRock, Inc. that it has successively crossed the legal threshold of 3% for the direct voting rights upwards on 19 September 2025 and then downwards on 22 September 2025.  The total holding of direct voting rights and equivalent financial instruments of BlackRock, Inc. stands at 3.96% on 22 September 2025.  Summary of the moves:  Date on which the thresho...

 PRESS RELEASE

Umicore - Déclarations de transparence par BlackRock, Inc.

Umicore - Déclarations de transparence par BlackRock, Inc. Déclarations de transparence parBlackRock, Inc. Conformément à l'article 14, § 1 de la loi du 2 mai 2007 relative à la publicité des participations importantes, Umicore a récemment été notifiée par BlackRock, Inc. qu'elle a franchi successivement le seuil légal de 3 % des droits de vote directs à la hausse le 19 septembre 2025, puis à la baisse le 22 septembre 2025.  La détention totale par BlackRock, Inc. des droits de vote directs et des instruments financiers équivalents s'élève à 3,96 % le 22 septembre 2025.  Résumé des tra...

 PRESS RELEASE

Umicore - Transparantieverklaringen van BlackRock, Inc.

Umicore - Transparantieverklaringen van BlackRock, Inc. Transparantieverklaringen vanBlackRock, Inc. In overeenstemming met artikel 14, § 1 van de wet van 2 mei 2007 betreffende de openbaarmaking van belangrijke deelnemingen, werd Umicore onlangs op de hoogte gebracht door BlackRock, Inc. dat het de statutaire drempel van 3% voor directe stemrechten heeft overschreden op 19 september 2025 en vervolgens onderschreden op 22 september 2025.  Het totale percentage van directe stemrechten en gelijkwaardige financiële instrumenten aangehouden door BlackRock, Inc. bedraagt 3,96% op 22 septembe...

 PRESS RELEASE

Umicore - Transparency notification by JP Morgan Asset Management Hold...

Umicore - Transparency notification by JP Morgan Asset Management Holdings Inc.  Transparency notification by JP Morgan Asset Management Holdings Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by JP Morgan Asset Management Holdings Inc. that it has crossed the legal threshold of 3% for the direct voting rights upwards on 16 September 2025.  The total holding of direct voting rights and equivalent financial instruments of JP Asset Management Holdings Inc. stands at 3.01% on 16 September 2025.  Summary o...

 PRESS RELEASE

Umicore - Déclaration de transparence par JP Morgan Asset Management H...

Umicore - Déclaration de transparence par JP Morgan Asset Management Holdings Inc. Déclaration de transparence par JP Morgan Asset Management Holdings Inc.  Conformément à l'article 14, § 1 de la loi du 2 mai 2007 relative à la publicité des participations importantes, Umicore a récemment été notifiée par JP Morgan Asset Management Holdings Inc. qu'elle a franchi le seuil légal de 3 % des droits de vote directs à la hausse le 16 septembre 2025.  La détention totale par JP Morgan Asset Management Holdings Inc. des droits de vote directs et des instruments financiers équivalents s'élève à...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch