Wrexham Facility Update
Summary by AI BETAClose X
7 May 2026
Majestic Corporation Plc
(the "Company" or "Majestic")
Wrexham Processing Facility Now Live and Operational
Majestic Corporation Plc (AQUIS: MCJ / OTCQB: MCJCF), a sustainable circular economy solutions provider specialising in recycling precious and non-ferrous metals, is pleased to announce that further to the announcements on 17 July 2025 and 3 November 2025 its new 50,000 sq. ft. processing facility in Wrexham, Wales, is now operational and processing material.
The Wrexham site is the largest in Majestic's UK network and central to the Company's strategy to build a vertically integrated circular economy platform across the UK and Europe. Commissioning has been completed on schedule, and the facility is now actively processing inbound material with newly installed equipment that expands Majestic's processing capabilities.
The new site marks a step-change in Majestic's installed processing capacity and is a cornerstone of the Company's objective of increasing annual processed volumes to 100,000 tonnes by 2030. Combined with Majestic's existing 4,000 sq. ft. facility in Deeside, the Wrexham plant materially expands the Company's ability to handle the rising volumes of complex waste streams flowing to its end users.
Enhancing margins through proprietary in-house processing
The Wrexham facility deploys Majestic's proprietary processing methods, enabling the Company to improve recovery yields of precious and base metals from the material processed, increasing the high-grade output materials sold directly to smelter and refinery partners.
Through this increased yield, Majestic expects to capture stronger pricing and improve unit economics across each tonne processed. The economies of scale offered by a 50,000 sq. ft. footprint, more than ten times the size of the Deeside site, are expected to drive further operating leverage as throughput builds.
A broad range of recovered metals
The facility processes a wide range of feedstocks, including printed circuit boards and IT infrastructure, catalytic converters and end-of-life solar panels. From these streams, Majestic recovers an extensive range of metals, including:
Precious metals: including gold, silver, palladium, primarily recovered from circuit boards.
Non-ferrous and base metals: including copper, aluminium, nickel, lead, zinc and tin, recovered from electronics, cabling and IT hardware.
Peter Lai, Chairman, CEO and Founder of Majestic Corporation, commented:
"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."
-Ends-
For further information, please visit www.majestic-corp.com, or contact:
|
Majestic Corporation Plc Peter Lai (Chairman and CEO) Joe Lee (CFO) |
E: peter@majestic-corp.com
E: joe@majestic-corp.com |
|
Guild Financial Advisory- Corporate Adviser Ross Andrews Evangeline Klaassen |
T: +44 (0)7973 839767 E: ross.andrews@guildfin.co.uk
T: +44 (0)7972 841276 E: evangeline.klaassen@guildfin.co.uk |
|
Redchurch Communications - Financial PR & IR John Casey / Nicky Bagheri |
T: +44 (0) 207 870 3974 E: mcj@weareredchurch.com |
About Majestic Corporation PLC
Majestic Corporation plc is an emerging leader in sustainable circular economy solutions, specialising in recycling and recovering precious and base metals from everyday materials such as electronics, catalytic converters, and solar and battery materials. The company serves some of the world's largest brands, including Original Equipment Manufacturers (OEMs), blue-chip multinational corporations, financial and leasing businesses, and state and federal governments.
Through its subsidiaries and affiliate companies in strategically located regions, including Europe, North America, and Asia (ex. China), Majestic procures, processes, and ships e-waste to smelter and refinery partners who extract precious and base metals for re-entry into global supply chains.
Majestic and its network's areas of focus include catalytic converters, printed circuit boards, solar panels, battery materials, precious metals recovery, and non-ferrous metals.
As Majestic continues to expand its footprint as a circular economy solutions provider, it remains committed to making a positive environmental impact, adhering to ESG values, and driving its business model through immediate and short-cycle cash flow, which strengthens the Company's performance and sustainability.
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