Majestic Corp CEO on 90% revenue surge and outlook for recycled metals and the circular economy

Proactive - Interviews for investors

Majestic Corporation Plc (AQSE:MCJ) founder and CEO Peter Lai talked with Proactive's Stephen Gunnion about the company’s recent interim results and its future outlook. Lai shared how Majestic Corporation saw 92% revenue growth, reaching $25 million in the first half of 2024, driven by the company's strong performance in the UK and Southeast Asia, particularly in battery materials and base metal recycling. Lai highlighted the company's ongoing commitment to a sustainable circular economy, with a focus on recycling precious metals and reducing the need for traditional mining. He also discussed the company’s ambition to replicate its net-zero facilities globally, and its expansion into key sectors such as IT, telecom, electric vehicles, and solar energy. Looking forward, Lai emphasised Majestic's strategy to continue focusing on copper and lithium-ion battery recycling, while expecting future growth in PGMs (Platinum Group Metals) as green technologies like hydrogen fuel cells emerge. He also mentioned a recent development: Majestic's conditional acquisition of Telecycle Europe Limited, a move aimed at expanding the company's presence in the UK. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content! #MajesticCorporation #BatteryRecycling #SustainableEconomy #PeterLai #CircularEconomy #BaseMetals #CopperRecycling #EVBatteries #NetZero #RareEarthMetals #ProactiveInvestors #GreenTech #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews