Majestic Corporation Year in Review: driving the circular economy

Episode 1751,   Dec 20, 2023, 12:47 PM

In this interview Vox Markets talks to Peter Lai, chief executive of metals recycling specialist Majestic Corporation #MCJ, about how the company has navigated metal price volatility in 2023, and how it's gearing up to become a major player in EV battery metal recycling.

00:26 - Introduction to the business and what is does
01:15 - You are coming up to your year end, how has performance been this year?
02:03 - How are the US and UK interest rates impacting on metal prices at the moment?
03:36 - Are you re-stocking materials now in anticipation of a price increase in 2024?
04:30 - You are also involved in battery recycling, how important is the electric vehicle industry for Majestic and do you see this as a growing sector?
5:26 - Are you building any relationships with larger brands in the electric vehicle sector?
6:43 - I see that Majestic has recently joined the board of the British Metals Recycling Association, what can we expect from your involvement here?
7:57 - Moving into 2024, what can we expect to see from Majestic?