Majestic Corporation has brought its new 50,000 sq ft processing facility in Wrexham online, marking a major leap in scale for the circular economy specialist as it pushes towards its target of processing 100,000 tonnes a year by 2030.
When the 100,000 mark is reached, it’s feasible that Majestic will achieve revenue and profit multiples higher than they are today.
The new Welsh site, commissioned on schedule, is now actively handling inbound material and is more than ten times the size of Majestic’s existing Deeside facility.
Majestic sees the Wrexham plant as the cornerstone of the company’s strategy to build a vertically integrated recycling platform spanning the UK and Europe, focused on recovering precious and non-ferrous metals from increasingly complex waste streams.
Crucially, Wrexham deploys Majestic’s proprietary in-house processing methods, which the company expects to lift recovery yields of precious and base metals and increase the volume of high-grade output sold directly to smelter and refinery partners.
That has clear margin implications: stronger pricing on each tonne processed, with operating leverage building as throughput ramps up across the much larger footprint.
The facility takes a broad mix of feedstocks, including printed circuit boards, IT infrastructure, catalytic converters, and end-of-life solar panels, from which Majestic recovers gold, silver, and palladium, alongside copper, aluminium, nickel, lead, zinc, and tin.
That diversified output mix is well placed against the structural backdrop of rising demand for critical minerals and the growing volumes of e-waste hitting the recycling chain.
Peter Lai, Chairman, CEO and Founder of Majestic Corporation, said:” Bringing the Wrexham facility online is a defining moment for Majestic.”
“It gives us the scale, the proprietary capability and the operating leverage we need to drive towards our targets, while at the same time materially increasing the value of what we deliver to our customers. We are creating high-quality jobs, processing more critical material here in the UK, and we expect this facility to make a clear and positive contribution to Group margins as throughput ramps up.”